Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European bank resolution procedure, with creditors bailed in and shareholders wiped. How the Italians would laugh…
Latest developments around attacks on freedom of the press in Europe and the EU Media Freedom Act. In ‘Investigate Europe’. Read the article HERE.
We are trying to get our readers up to speed concerning Modern Monetary Theory (and the Green New Deal), thus the repeated introductory articles. At the same time we are attempting to move on with […]
This an excellent, easy to understand, somewhat long explanation of the Paradise Papers. So if you feel you did not really understand what the fuss was about, you can catch up here. A great weekend […]
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