ECB

Author: György Matolcsy, Governor of the Central Bank of Hungary It is time to find a way out of the euro trap. There is a harmful dogma that the euro is the "natural" next step towards the unification of Western Europe. But the common European currency was not natural at all, because almost none of the conditions for its establishment were …

Draghi urges Eurozone countries to adopt more aggressive fiscal policies Former central bankers and ECB board members have expressed serious disagreement with the ECB's current policy Interest rates on government debt in Europe continue to reach record lows Stock markets recovered slightly in September, but a new correction at the beginning …

After three days of secret meetings and pledges in Brussels, European Union leaders emerged from the conference rooms with consensus candidates for the most important political posts in the bloc. The biggest surprise of the four nominations is that of current IMF chief Christine Lagarde, who is set to succeed Mario Draghi as ECB president. Although …

Europe is preparing for a new five-year cycle in which it must deal with many internal and external challenges. On the one hand, the US and China are huge economic competitors to the EU due to their greater business freedom (US) and resources (China), and on the other hand, Russian military power and strategic interests also …

All stock markets are performing well in June, with the S&P500 even hitting a new record. Government debt is also performing well, with gold prices seeing a very large increase. However, investors are wary because the previous two major corrections in stocks followed similar levels of growth. Analysts expect the Federal Reserve to cut interest rates...

The native MEPs were beating their chests that they had successfully fought for new EU legislation in the field of consumer goods, through which they would prevent the so-called "double standard" of food between the eastern and western parts of the continent. Whether this is fake news or just political posturing - remains a topic of …

Author: Philip Bagus* *Philip Bagus is an associate professor at Rey Juan Carlos University. He is an associate scholar at the Mises Institute. He is the author of numerous books, including In Defense of Deflation, Blind Robbery!, The Tragedy of the Euro, and co-author of Deep Freeze: Iceland's Economic Collapse. While the euro crisis seems to be stuck in …

We are in the process of yet another assault, organized by the native authorities, towards one of the half-wanted, half-unwanted so-called national goals. As with the Schengen zone, so with the common currency of the European Union, the government is wandering between a reasonable wait for the problems to be eventually resolved, aka Simeon Dyankov with the Euro, and enthusiastic demarches to …

Highlights: - Construction production accelerates sharply in January, reaching record levels for the last 10 years - Consumer inflation accelerates, that of industrial goods slows down - Housing lending continues to accelerate and also grows at record levels for the last years - Industrial sales and production grow by …

A European Central Bank[1] (ECB) survey of more than 8,079 companies from EU Member States in Central and Eastern Europe (CEE)[2] aims to understand how increases in minimum wages (MW) are affecting businesses in these countries. 456 Bulgarian companies were asked what …