The Guest Blog

Archives for Euro & Finance

Goodbye Mr Euro?

By Michel Anderlini ”We politicians, we know very well what to do [to resolve the crisis]. But what we do not know is how to be re-elected if we do try to resolve the crisis”, used to say the farseeing Jean-Claude Juncker, Prime Minister of Luxemburg – a country besides which I grew up. As… » read more

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A fistful of euros

By Alessandra Flora Alessandra FloraWhat is happening in Italy? We are selling our best family companies. It’s a very sad situation, getting more and more absurd. What about the eminent tradition we have built we our own hands? I could not believe the news: on 10 July the French giant LVMH (better known as Louis… » read more

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Guest post by Pavol Demes, a Bratislava-based foreign policy analyst and photographer. Following the political dispute over the 2-Euro coin design containing the halos and crosses at the apostles of Slavs – St Cyril and Methodius (see this earlier coverage on EurActiv), Slovakia’s commemorative coin was finally released on July 5, 2013. On this day… » read more

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By Thomas Schuster Basically, the European Union intends to adopt the Basel III accord. For that reason the European Commission drafted a capital requirements directive CRD IV (European Commission 2011a) and a capital requirements regulation CRR (European Commission 2011b) in 2011. Both the directive and the regulation were negotiated under the co-decision rule. Parliament and… » read more

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By Kolfinna Baldvinsdottir, Vice-President of the Brussels Press-Club Why should (German) taxpayers bail out Russian oligarchs who are in danger of loosing their tax-evaded money? Silly question. Of course they shouldn’t – none of their business. Where did the ECB and the IMF get the idea to rob the savings from guaranteed saving accounts from… » read more

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By Stavros Papagianneas The Great Train Robbery is the name given to a £ 2.6 million (£ 46 million = € 53,8 million today) train robbery committed on 8 August 1963 at Bridego Railway Bridge in Buckinghamshire, UK. This is peanuts in comparison to what happened with Cyprus last weekend. After markets closed for the… » read more

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By Klaus Busch, Christoph Hermann, Karl Hinrichs, Thorsten Schulten of Friedrich-Ebert-Stiftung. The harsh austerity measures that, according to official policy, are supposed to overcome the euro crisis have once again plunged Europe into recession in 2012. Austerity policy has proved – in Greece, Italy, Portugal and Spain (GIPS) – to be primarily an attack on… » read more

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