China Hides Data
We had two announcements of central banks in the Europe. First was Bank of England with a new boss Mr. Carney. Second was ECB. The Bank of England mentioned that…
Better tomorrows are not coming
What was not successful strategy in Germany was successful in Austria. For the first time a pure euro skeptic party founded by billionaire Frank Stronach will enter into the Austrian…
Spain and Italy should be on the radar
When there are no good news in short term let´s create them in the long term. This is definitely slogan of all politicians. European commission for example predicted very slow…
Alternative Scenarios of EU in Future
F. A. Hayek Foundation in association with partners Friedrich Naumann Stiftung and Entrepreneurs Association of Slovakia would like to invite you to a seminar with international participation called Alternative Scenarios…
Nothing is weaker than strong Brussels rules
The Governing Council of the ECB decided that main interest rates will remain unchanged. The reasons behind the decision were facts as repayment of 22% of the LTRO program which…
After Cyprus
The rescue package for Cyprus finally consists of a 10 billion euro bailout from the ESM and it has one crucial condition of taxation all deposits larger than 100,000 euros…
Euro Will End in 5 Years
European Commission President Barroso started to criticize the austerity measures that the EU has imposed on the mainly Southern European members states in economic crisis. He stated that while the…
Separatist’s movements are spreading within the Europe
Deflation in Eurozone is considered as a real and big problem. ECB officials are willing to consider dramatic steps to fight against it, suggesting that the bank is prepared to…
Entrepreneurs call on Europe: Reform or regress
Entrepreneurs and corporate leaders of small and large businesses from Sweden, Germany and Great Britain have spoken. Their message to the member states and EU officials is clear: we either…
More Debt Means Better Rating
The most important news of this week was connected with US and debt ceiling debate. But let´s start as usually with Europe. Austerity measures are more and more unpopular. One…