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…
Cruise ships stopping in Barcelona’s port causes three times as much air pollution in the city than all the cars in Barcelona combined. Read the article HERE.
EU court rules that Spain should not have used a penal code passed three years after the events he is accused of Read here
While European mainstream media has been euphoric concerning Greece´s exit from the beialout programme it was subjected to. The results are catastrophic: -500k people, mostly young, emigrated – Unemployment hit 27.8% (still >20%) – Youth […]
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