Finance
Yanis Varoufakis – Forget shares, bonds and tariffs. Here is what you should really worry about
A very short piece but definitely a thought worth thinking about. In Yanis Varoufakis’ blog. Read the article HERE.
European Central Bank
Economics
Jordi Schröder Bosch – Wages and inflation: The ECB’s non-dilemma
The European Central Bank is not happy about above-inflation wage rises. Presumably they would prefer European workers to lose purchasing power permanently. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive […]
EU politics
Jordi Schröder Bosch: Beware of the lags
The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]
Economics
Serena Di Luccio – Windfall profits for banks, crisis for people: The money system is unfair and needs to be reformed
As a consequence of the European Central Bank (ECB) raising its interest rates, banks in the euro area will earn €70 billion in unearned windfall profits. Cross-posted from Positive Money Europe There is a huge […]
Economics
Shaun Richards: The German economy contracts as inflation picks up on both Spain and Italy
Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.
Economics
Craig Stirling and Joel Rinneby: Eurozone’s Worst Year of Inflation Probably Ended With Respite
Some signs that inflation may have peaked. Read the article HERE.
EU politics
Uuriintuya Batsaikhan and Jan Musschoot – The gifts that keep on giving: Banks’ windfall profits as a consequence of ECB rate hikes
Banks are making massive profits on European Central Bank interest rate rises, with German and French banks making the most Cross-posted from Positive Money Europe THE ECB is expected to pay around €40 billion in […]
Economics
Patrick Kaczmarczyk: Interest rate hikes are not the answer to Europe’s inflation problem
The history of ECB rate hikes is disastrous – there’s little reason to believe it will go any better this time Cross-posted from the LSE EUROPP blog INFLATION rates across the Eurozone are putting the […]
Economics
Jordi Schröder Bosch, Marc Beckmann: Counting on the ECB to act on fragmentation risks
The European Central Bank’s new Transmission Protection Instrument gives it even more power over Eurozone member-states Cross-posted from the Positive Money Europe blog What does fragmentation in the Eurozone mean? Fragmentation is the divergent movement […]
Economics
Bob Hancké: Socialism for the bankers, capitalism for the rest of us – so it goes
The European Central Bank’s interest rate rise is wealth redistribution from us to the bankers – again Cross-posted from the LSE Europe blog About a decade ago, the billionaire Warren Buffett stated, with thinly veiled […]