Greeks ready to obey the Troika? Markets stall. Yanis Varoufakis, Greece’s new finance minister, as he canvassed his way across the capitals of northern Europe last week, is somebody ready to take the continent by storm. He is personable, intelligent, […]
Greece, Euro 2015, will the Greeks have any spine? Warnings of a severe political backlash against austerity have gone unheeded for the past several years in Europe. Shadowed by Germany’s deep-seated inflation taboo, Chancellor Angela Merkel’s government stubbornly insisted that […]
Inflation or Deflation, France and EU set to collide with reality? Prices in the eurozone dropped by 0.2% in the year to December 2014, following a 50% drop in oil prices since June of 2014. There are now fears that […]
Euro, Ready to Fall Off a Cliff in 2015? As we watch the Euro start 2015 on the back foot, many a trader, trying to catch the falling knife, wonder just how low the Euro can go? Goldman Sachs says […]
Draghi, ECB Bank Robbery. The European Central Bank’s (ECB) latest meeting concluded last week, with no change in interest rates. The ECB head Mario Draghi’s language about raising the ECB’s balance sheet back to 2012 levels is still in place, […]
A deflationary stagnation is coming. Germany’s economy shrank in the second quarter and France continued its no growth performance. Some have blamed the tit-for-tat sanctions with Russia, others may not be so sure.
Last week it was reported that, Europe’s largest […]