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Finally, Germany blinked. Chancellor Angela Merkel at last decided to clearly respond and, up to a certain degree, uphold French President Emmanuel Macron’s ideas, about reforming the Eurozone, in order not only to save it from unraveling, but, if possibe, to make it more cohesive and stronger. In an interview to last Sunday’s issue of […]
the next Italian election is, very probably, to take place within the next few months or even weeks. Then, Berlin, the rest of Eurozone capitals and probably the entire western financial world will learn, if it’s still politically possible to ask just one country’s taxpayers to save an obviously faltering global financial system. The test […]
With Eurozone’s fiscal consolidation and financial supervision having being concretely scheduled for accomplishment within this year, investors and financial markets relaxed their fears over a possible disintegration of the single money zone and returned even to the Greek bond market. On the political front however still remain some dark spots over two anchor countries Italy […]
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