Socialism crippled by Centralisation, Capitalism by Concentration
by Ralph T. Niemeyer No alternative to capitalism has ever worked – so far. Socialism got crippled by centralisation, corruption and nepotism, capitalism by…
ECB
Winding up ailing banks: timewasting
by Linda Sommerschütt Parliament’s negotiators on the proposed single resolution mechanism for ailing banks won its support on Thursday for the line…
Spanish finance minister pitches a “country on the mend” scenario to MEPs
by Linda Sommerschütt Spain’s finance minister Luis De Guindos painted a bright picture of Spain’s economic progress in the Economic and…
Underlying the economic model is a deeper rooted contradiction
by Ralph T. Niemeyer In 2011 ECONFIN decided to have the Euro-zone taxpayers continue to “rescue” Greece, although the majority of citizens…
Short selling considered illegal by ECJ
by Martha Devon Economic and Monetary Affairs Committee Chair Sharon Bowles (ALDE, UK) issued the following statement on the European Court of Justice ruling…
Pest or Cholera? Crash or Hyper-Inflation?
EU Economic & Currency Affairs Commissioner Rehn by Ralph T. Niemeyer The Eurogroup finance ministers are evidently completely in the hands of private…
Germany looses momentum
German Chancellor Angela Merkel (left) with President José Manuel Barroso by Ralph T. Niemeyer For quite a while Germany appeared to stand tall…
Economic governance: pressing need for legitimacy and social dimension
by Raulano Nagao MEPs and national parliamentarians concluded their conference on economic governance on Wednesday by calling for much better dialogue, ownership and…
Reforming EU audit services to restore investors’ confidence
by Richard Stahl A draft agreement between Parliament and Council on legislation to open up the EU audit services market beyond the dominant “Big…
yet another Smoke-Screen
The European Central Bank in December 2013 “Banking Union” once more provides loopholes bigger than in any Swiss cheese A Comment by Ralph…