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Tag: Euro

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Deputy Premier Matteo Salvini Points Finger at EU After Italian Bridge Disaster Kills 35

August 14, 2018August 14, 2018 Underground

  The failure of a roughly 50-year-old suspension bridge in Genoa shows how important it is to increase investment spending in Italy, Salvini told reporters Tuesday in Catania, Sicily, hinting that EU … Continue reading Deputy Premier Matteo Salvini Points Finger at EU After Italian Bridge Disaster Kills 35

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The ECB’s narrow mandate is no longer fit for purpose

June 18, 2018June 18, 2018 Underground

The ECB’s mandate is a purist’s delight. It sets out a strict and narrow path, with price stability defined as the primary objective; the ECB may “support” secondary goals like growth, employment, … Continue reading The ECB’s narrow mandate is no longer fit for purpose

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Poland Wants Strong Euro Zone Before Mulling Membership – Finance Minister

October 29, 2017 Underground

Poland wants the euro zone to become stronger before making a decision whether to join the single currency, Finance Minister Mateusz Morawiecki said. “We are holding our fingers crossed for the euro … Continue reading Poland Wants Strong Euro Zone Before Mulling Membership – Finance Minister

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German model is ruinous for Germany, and deadly for Europe

May 12, 2017May 12, 2017 Charles

France may look like the sick man of Europe, but Germany’s woes run deeper, rooted in mercantilist dogma The obsession with balanced budgets and suppressed wages has destroyed the rest of Europe, … Continue reading German model is ruinous for Germany, and deadly for Europe

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Eurozone Dystopia – Bill Mitchell

March 19, 2017 Charles

The Eurozone was built on flawed foundations and was always destined to fail. Great book by Bill Michell. In this video he explains why the EU was always destined to fail.. and … Continue reading Eurozone Dystopia – Bill Mitchell

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Austerity was a bigger disaster than we thought

February 16, 2017February 16, 2017 Charles

We now take a break from your regularly scheduled scandals to bring you some not-so-breaking news: austerity was as big a disaster as its biggest critics said it was. That should be … Continue reading Austerity was a bigger disaster than we thought

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Democracy Against Neoliberalism 

December 6, 2016 Katerina

In Italy, it is the Millennials who voted NO! 81 percent of voters between eighteen and thirty-four voted No and Yes won only among voters older than fifty-three Source: Democracy Against Neoliberalism | … Continue reading Democracy Against Neoliberalism 

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Greece must reform or leave eurozone, says German minister | The Guardian

December 5, 2016 Katerina

Why? What has Greece been doing all along? Hasn’t it been “reforming” to death? You mean you want more privatizations so German PUBLIC companies can buy Greece’s assets for less than nothing? … Continue reading Greece must reform or leave eurozone, says German minister | The Guardian

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Media Fail

On Italy referendum 

December 2, 2016December 2, 2016 Katerina

This lukewarm Guardian article! Stating: “[Renzi’s] proposed changes to parliament are part of his attempts to modernize Italy, both politically and economically.” Modernize Italy? Through, that EU “political integration” which has enslaved all … Continue reading On Italy referendum 

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The long depression in Italy | Michael Roberts Blog

December 1, 2016December 1, 2016 Katerina

Italian politics and the economy have been in a state of paralysis for decades, with the situation only worsening since the end of the Great Recession.  Italy is now in a Long … Continue reading The long depression in Italy | Michael Roberts Blog

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Nobel laureate Stiglitz sees Italy, others leaving euro zone in coming years

October 6, 2016October 6, 2016 Charles

Nobel Prize-winning economist Joseph Stiglitz predicted in a interview out on Wednesday that Italy and other countries would leave the euro zone in coming years, and he blamed the euro and German … Continue reading Nobel laureate Stiglitz sees Italy, others leaving euro zone in coming years

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Seven changes needed to save the euro and the EU

September 3, 2016September 3, 2016 Charles

Time for EU reform or divorce? Unless Brussels makes seven changes, its members will inevitably conclude they are trapped in an untenable marriage. This system cannot and will not work in the … Continue reading Seven changes needed to save the euro and the EU

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