ALL BLOG POSTS
Greece has made yet another other deal with the EU and IMF on its debt situation. Or rather as one EU official described it to the Financial Times “If it looks like we are kicking the can down the road that is because we are”.
We hear it all the time - central banks are printing money like no time before and it is not working and now there is nothing more central banks around the world can do to fight deflation.
The Telegraph's Ambrose Evans-Pritchard has a good article on the risk of renewed troubles for the euro zone. See here.
Paul Krugman has a very interesting blog post on the relative economic performance of the US and the euro zone.
Recently both the Italian and the Spanish governments have come out and said that they will have to revise their expectations for their budget deficits in negative direction.
Today's Spain's Minister of Industry, Energy and Tourism José Manuel Soria has stepped down "after his conflicting explanations inflamed a scandal over links to an offshore company listed in the Panama leaks." (quoted from Bloomberg)