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Tag Archives: EU debt
A year of progress? But towards what…?
Sorry dear readers, it’s been a while….. So I just thought I would reflect a bit on any progress made over this year before we cruise along into next. As a long-retired colleague of mine liked to say, “we’ve had … Continue reading
Posted in Economic Realities
Tagged austerity, Budget deficit, EU debt, EURO Crisis, Future is doomed, Unemployment
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Why is the EU expansion getting less press?
While for the two waves of EU expansion I had experienced so far, in 2004 to get to 25 and in 2007 to reach 27 member-States, there was a huge hoopla around it, sometimes for years beforehand, it seems now that … Continue reading
So… where were we?
Though I have said this before, time does fly…. it’s been over three months since my last post and lots has been happening since. The last post on this blog was on the fury over Cyprus’ bailout plan. How has that … Continue reading
Shall it become known as “Savers’ Spring”?
Well, three days into spring and I cannot not write about what is going on in Cyprus. A rescue-plan which consists of simply taking a cut of people’s savings…. and not a small cut either. When I first heard this, … Continue reading
Posted in 2084 - Scared Or Prepared
Tagged ECB, EU debt, EURO Crisis, euro-zone debt, Future is doomed, truth EURO
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Will IMF-lending be the last straw?
Remembering my university days when we learnt about the IMF, the institution born in Bretton Woods, which had steered the World economies through the post-war decades and was then (early eighties) mainly used to help developping nations grow in a sustainable way, I … Continue reading
Posted in 2084 - Scared Or Prepared, Economic Realities
Tagged Budget deficit, ECB, EU debt, EURO Crisis, euro-zone debt, Future is doomed, IMF
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A Short Press Review 3/3…
Between travelling, household things to do and taking care of the kids while my wife had some professional fairs to attend, I have been struggling a bit over the past weeks to find time to write, but as I still collected some … Continue reading
Posted in 2084 - Scared Or Prepared, Economic Realities
Tagged Budget deficit, ECB, EU debt, EURO Crisis, euro-zone debt, Social benefits, truth EURO
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A Short Press Review 2/3…
Between travelling, household things to do and taking care of the kids while my wife had some professional fairs to attend, I have been struggling a bit over the past weeks to find time to write, but as I still collected some … Continue reading
Where does the 3% of GDP limit come from?
Somehow, I thought that the budgetary-deficit limit in the Maastricht Treaty governing the Euro-Zone membership criteria had some kind of economic logic behind it. Well, guess what, it doesn’t! Members of the Euro-Zone are to limit their annual budgetary deficit … Continue reading
Posted in Economic Realities
Tagged Budget deficit, EU debt, EURO Crisis, euro-zone debt, Future is doomed, truth EURO
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The news ain’t getting any better!
Was reading the news yet again, and it always looks at the latest statement from or the ECB or Brussels or whoever, which then triggers a few hours’ reaction on stock movements and half the world writes about it as … Continue reading
Posted in Economic Realities
Tagged ECB, EU debt, EURO Crisis, Future is doomed, IMD, PIGS, truth EURO
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