Candidate for boss of EU bank supervisor quizzed by MEPs
Danièle Nouy, the ECB’s nominee for the new post of EU bank supervisor, was vetted by MEPs on Wednesday at a hearing in which…
banking union
European Parliament greenlights EU’s long-term budget
After months of complex negotiations, Parliament gave its blessing to the EU’s long-term budget for 2014-2020 on Tuesday. All the conditions set out…
Economic and Monetary Committee starts work on rules
Rapporteur for rules on dealing with struggling banks Elisa Ferreira (S&D, PT), backed the key tenets of the Commission’s proposal on Monday, including…
Standard Poor, Granny Poorer…
by Ralph T. Niemeyer When the Polish EU Presidency and the European Parliament in October 2011 clinched a deal that beefed up standards for…
Why not hand over taxpayer’s funds directly to private banks?
by Ralph T. Niemeyer Whatever has been said about Euro-bonds, being rejected by the German government, has been proven illusory by the fact that…
Sachs, Deutsche, Rothschild, HSBC, UBS ruined Greece
by Ralph T. Niemeyer One thing becomes clearer every day: the debts won’t be paid back. nor those of debts Goldman Sachs, Deutsche…
The Great Depression – this time in technicolor
by Ralph T. Niemeyer American banks prepare for the state bankruptcy of the United States of America, the Financial Times writes and suggests…
Globalisation? Which Globalisation?!
100 years ago the World was as “globalised” as nowadays, yet it led to catastrophe by Ralph T. Niemeyer It became fashionable in the…
Not so NYSE
by Ralph T. Niemeyer Despite of two decades of privatisation hysteria and anti-étatistic propaganda the state in general still plays a major…