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 […]Why Italy will not follow the Greek road; Eurozone to change or unravel
May 31, 2018 by Leave a Comment
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 […]Berlin vies for a Germanic European Central Bank
August 3, 2017 by Leave a Comment
Last week, the deep German state struck again targeting the heart of Eurozone. The hit was effectuated by Sabine Lautenschläger, a middle aged Stuttgart born ex BaFin (Federal Financial Supervisory Authority) employee and presently member of the powerful executive board of the European Central Bank. Sabine now wants the ECB to abandon its extraordinary monetary […]Unemployment and exclusion brings EU cities to boiling point
June 3, 2016 by Leave a Comment
Last Tuesday Eurostat, the EU statistical service release its latest estimates about the April unemployment rate and May inflation in Eurozone, which unfortunately didn’t diverge markedly from the gloomy predictions of analysts. This week however, the same source published a very interesting survey about the labor market situation in EU. It’s a special report about […]Has the treacherous theory about the ‘French patient’ finally prevailed?
May 30, 2016 by 1 Comment
The overwhelming labor reforms that the French government is currently finding very difficult to introduce, are also posing a crucial dilemma for the entire Eurozone. The ‘liberalization’ of the labor market has already traumatized Italy and the rest of the south European countries like Greece, Spain and Portugal. The northerners have already ‘solved’ this problem, […]Real EU unemployment rate at 10.2%+4.1%+4.7%: Eurostat Update
May 23, 2016 by Leave a Comment
This newspaper has been closely following the evolution of real unemployment over the past few years, on the base of Eurostat statistics. It has proved that real unemployment is much higher than the official rates. In January 2014 the European Sting, using Eurostat data, found that, in the third quarter of 2013 real unemployment was […]
