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Tag Archives: Germany

Merkel won but reforms failed

30. September 2013

German elections – actually the most important EU election – ended by the victory of Angela Merkel. On the other hand the election ended with the defeat of strong right … Pokračovanie článku →

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We Need Reforms

4. June 2013

The European Central Bank warned about the risk of a renewed banking crisis. The main reasons behind are the euro zone’s slumping economy and a surge in problem loans. The … Pokračovanie článku →

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New Definitions

13. May 2013

The ECB cut basic rates last week to proceed with verbal interventions this week as well. Mario Draghi said that they are ready to cut interest rates again if needed … Pokračovanie článku →

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ECB Confirmed Recession

5. May 2013

At Bratislava´s meeting the Governing Council of the ECB rewrote the monetary history of Eurozone. Council decided to lower basic interest rates to 0.5 % starting from May 8th 2013. … Pokračovanie článku →

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Euro Will End in 5 Years

29. April 2013

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 … Pokračovanie článku →

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UK and Germany Were Downgraded

22. April 2013

Fitch Ratings has downgraded the United Kingdom to ‘AA+’ from ‘AAA’. The outlook is predicted as stable. The rating action reflects a weaker economic and fiscal outlook and possibility of … Pokračovanie článku →

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We Are Not Still Better Off

15. April 2013

Euro zone finance ministers backed a 10 billion euro bailout for Cyprus and the European Commission would try to help the island’s economy grow again with better use of EU … Pokračovanie článku →

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Week of Weak Announcements

7. April 2013

It was the week of central bank announcements – Japan (we will describe it below), Britain and ECB. Bank of England and ECB policy remained unchanged which means that interest … Pokračovanie článku →

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After Cyprus

31. March 2013

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 … Pokračovanie článku →

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Will be Cyprus Rubicon moment?

25. March 2013

I think that the Cyprus situation was a dominant one during the last week. I do not want to bother you with the same information you already read somewhere else … Pokračovanie článku →

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Nothing is weaker than strong Brussels rules

10. March 2013

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 … Pokračovanie článku →

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You could bet. Will it be Spain or Italy which breaks the Eurozone first?

4. March 2013

Outcome of Italian elections has caused a chaos within the Eurozone. European leaders were honestly sad because of stalemate political situation in Italy. You could see during first days of … Pokračovanie článku →

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Spain and Italy should be on the radar

25. February 2013

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 … Pokračovanie článku →

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Recession hit the European Union

18. February 2013

After the optimistic version that everything is solved in the EU the economy of euro group shrank by 0.6% and EU 27 area was down by 0.5 % in the … Pokračovanie článku →

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And then He said: Euro! Face down! So it happened.

11. February 2013

Let’s begin with currency wars once again. Why? It is a real current issue. Look. Francois Hollande urged partners within euro zone at the beginning of the week that strong … Pokračovanie článku →

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