ESM / EFSF : building a bypass to nowhere
by Dr. Constantin Gurdgiev Estimates for banking sector needs of Spain alone are running on average around €250 billion, with some sovereign supports, this rises to €370-470 billion. This will more...
View ArticleThe Problem with the Spailout
By: Money_Morning First off, last weekend’s 100 billion euro ($126 billion) Spanish bailout has staved off the inevitable for now. What most people don’t realize, though, is that it actually spells...
View ArticlePringle begins ESM legal challenge
By MARY CAROLAN The European Stability Mechanism Treaty breaches the Irish Constitution, European Union law and the treaties of the EU on several grounds, Independent TD Thomas Pringle has argued...
View ArticleGerman Supreme Court rules against Merkel on ESM. Will she now recognise the...
Angela Merkel, the Chancellor of Germany (Photo credit: Wikipedia) The Karlsruhe judges today found that the center-right coalition government led by Chancellor Angela Merkel had breached the rights of...
View ArticleESM REFERRAL: Does S&P have a mole inside the Karlsruhe Court?
‘Standard & Poor’s Ratings Services said today that the delay by the Federal Republic of Germany (unsolicited ratings AAA/Stable/A-1+) in ratifying the European Stability Mechanism (ESM) has no...
View ArticleThe Euro Is Finally Being Saved
The Euro Is Finally Being Saved . In the early hours of friday morning German resistance to a rational and comprehensive resolution to the Euro crisis was finally crushed. It will take some time for...
View ArticleWhat Next For The Euro-Zone?
By: Victoria_Marklew The European Union has just completed its 20th “make or break” Summit in a little over two years, and actually managed to beat expectations. Two key agreements were reached on...
View ArticleEurozone crisis live: General strike underway in Greece against austerity...
Countries using the Euro de jure Countries and territories using the Euro de facto Countries in the EU not using the Euro (Photo credit: Wikipedia) By Graeme Wearden There are signs of serious jitters...
View ArticleMarket Brief 21st. October 2012
A US election too close to call causing uncertainty: The charts below clearly show that the Dow Transport and the Dow Industrial indices continue to exhibit divergent modalities. Since November 2009...
View ArticleEU governments should not be put in a position to compete for funds with...
By Florian Pantazi Slowly but surely, the set of remedies employed in the hope of solving the euro crisis is now spreading recession from the periphery to the core of the eurozone. Austerity measures,...
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