A quick reflection on politics across the globe reminds of the old days when Mr Berlusconi was in charge. Nice fellow on a boat trip but scarcely reliable as a skipper at the rudder wheel. Italy’s no different from other countries. Though Italians have a track record that beats many
Getting back from a long break, your favorite economic correspondent – as I have been characterized lately by a colleague of mine – has been asked to share his thoughts on banking. Setting aside my own opinion about how fast global consensus on topics like free trade & capital flows,
In case you should wonder Brexit (or Breaks-it as has been hilariously re-dubbed) has ignited global markets with more volatility – nothing unexpected though much more than was anticipated in February. European banks (with peripheral ones more than others) have suffered (see chart below). Market participants can be divided into
Europe is our home. A future together. Europe – that is us. We could even argue that “united we stand, divided we fall”. How about a spell abroad on an Erasmus exchange program? Check out the EU website and will feel inspired by being part of this unique continent we’ve
Consensus is gaining momentum. Or at least that is what one hopes for; in the beleaguered Euro area several attempts to have a single policy against deflation and a likely stagnation have failed miserably due to lack of political will. As the Economist points out in this article, Germany is becoming part
Are we sure what the Banking Union is? Hypertrophic regulation is what has ensued an ongoing financial crisis since it blew up in the face of market participants and watchdogs. When referring to the Banking Union we think of the founding rules upon which a unified apparatus ranging from capital
Check this in case you think the impossible possible… Yanis Varoufakis makes his point clearly, as always.
As another sovereign crisis looms ahead and 2014 draws to the end, I look forward to grabbing the newest issue of The Economist from my mailbox but before it gets delivered a glance at the web version of this very interesting article will do: Greece’s election: The euro’s next crisis |
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Rodolfo Vanzini
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