This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Faustine Delasalle, Co-Executive Director, Mission Possible Partnership and Director, Energy Transitions Commission & Anthony Robert Hobley, Co-Executive Director, Mission Possible Partnership and an Executive Fellow, WEF, World Economic Forum The real economy needs to be at the centre […]The real economy is not a side event in the global decarbonization effort
July 30, 2021 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Faustine Delasalle, Co-Executive Director, Mission Possible Partnership and Director, Energy Transitions Commission & Anthony Robert Hobley, Co-Executive Director, Mission Possible Partnership and an Executive Fellow, WEF, World Economic Forum The real economy needs to be at the centre […]Draghi strives to control the unruly exploitation of financial markets by banking leviathans
March 12, 2018 by Leave a Comment
During the past few weeks, financial markets sharks have been sending stock and bond prices and money parities wildly up and down, while busy securing for themselves hefty short term gains. Obviously, this is to the detriment of the real economy, where values are produced by technology and sweat. In Europe and, partly, in the […]Draghi keeps the euro cheap, helps debt refinancing, recapitalization of banks and growth
December 18, 2017 by Leave a Comment
Last Thursday, the European Central Bank decided to keep flooding the Eurozone with hundreds of billions, despite strong objections coming from the frugal German-Dutch duo. Mario Draghi was adamant about that. It’s interesting to follow his response to a journalist’s remark, who reminded him that the “Dutch Central Bank President Klaas Knot said in a […]For how long and at what cost can the ECB continue printing trillions to keep euro area going?
June 9, 2016 by Leave a Comment
Last Tuesday Eurostat, the EU statistical service issued a Press release revealing that the GDP of Eurozone (EU19) and EU28 rose in the first quarter of this year by 1.7% and 1.8% respectively, compared with the same three-month period of 2015. On the yearly developments platform, there is more good news. The same source revealed […]Eurozone banks are unable to support real economy’s dawning growth
August 14, 2013 by 1 Comment
Industrial production in the European Union is definitively in a virtuous path as statistical data confirm business managers’ assessment, that their order books are as full as they have never been in the past. The same is true for industrial production. According to a press release published yesterday by Eurostat – the EU statistical service […]EU Parliament: ECB accountable for not supporting real economy
April 18, 2013 by Leave a Comment
The European Parliament yesterday held the European Central Bank accountable for the lack of dissemination to the real economy of the cheap liquidity the central bank has accorded to commercial banks. The resolution adopted during the Parliament’s annual evaluation of the ECB’s activities, addresses both the ECB’s monetary policy responses to the Eurozone crisis and […]
