Crisis in Ukraine
By Azmat Hassan.
The Sochi Winter Olympics, a magnificent obsession of the inscrutable Russian President Vladimir Putin ended on a high note for him and his countrymen. However, hardly had the Sochi glow faded that the many months long simmering [...]
A (euro) crisis of nationalism
By Protesilaos Stavrou.
I have repeatedly stated that the systemic crisis in the Euro area is not about economics, debt, markets, the balance of payments, the role of credit rating agencies, the austerity measures, the independence of the [...]
Has the European Central Bank lost its independence?
By Protesilaos Stavrou.
In light of Mr Draghi’s latest press conference on the approach the European Central Bank will maintain in addressing the ongoing economic crisis in the euro area, prolific Greek economist Dr Yanis Varoufakis argues [...]
European Union: The truth about Credit Rating Agencies and speculators
By Protesilaos Stavrou.
“Ban Credit Rating Agencies!” is the kind of call we hear every time there is a downgrade of the creditworthiness of an ailing Euro zone economy. Uttered by demagogues or other “socially conscious” [...]
Latest EU deal is the first step to debt mutualization and federalization
By Protesilaos Stavrou.
The latest European Council meeting of June 28-29 must be considered a minor success since on one hand it did make progress in areas where solutions are desperately needed due to the absence of essential institutions [...]