During the days ahead of last Thursday’s 3 December meeting of the European Central Bank’s Governing Council, financial markets and market oriented media had been pressing for a stronger monetary accommodation (easing), than what President Mario Draghi finally announced in the afternoon of that day. As a result, the euro appreciated markedly with the dollar […]
ECB money bonanza not enough to revive euro area, Germany longs to rule with stagnation
Filed Under: Economy, EUGlobe, Eurozone, Policy, USA Tagged With: App, Asset purchase program, Bank of England, Bank of Japan, banks, ECB, euro, euro area, European Cantral Bank, Eurozone, Fed, Finance, financing, free money, growth, interest rate, Jens Weidmann, loans, local government, Mario Draghi, monetary policy, money, refinancing operations, regional government, stagnation, Wolfgang Schäuble
The EU Commission fails to draw the right conclusions about corruption
Cecilia Malmström, EU Commissioner for Home Affairs presented yesterday the first EU Anti-Corruption Report. The Commission estimates that corruption costs €120 billion a year to the European economy. This could be a very low approximation of reality though, because the vast majority of EU citizens believe that among politicians at national, regional, local and EU […]
Filed Under: Policy Tagged With: Britain, business, Cecilia Malmström, Commission, corruption, EU CITIZENS, Eurobarometer, France, Germany, Greece, Italy, local government, Parliament, political parties, politicians, politics, public opinion, regional policy, Spain