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Mar 29, 12 •
6461 Views •
Market Commentaries •
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1 Comment
The EU commission, which is warning that euro-zone governments shouldn’t get complacent, also favours a much bigger firewall. It argues one is needed to signal to the market in advance that other euro-zone governments stand ready to backstop our bigger...
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Jan 17, 12 •
5835 Views •
Between the lines •
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1 Comment
The EFSF, The European Financial Stability Facility, finally lost its top credit rating with Standard & Poor’s after the rating company downgraded France and Austria amongst several other countries on Friday. After European markets closed today S&P...
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Dec 7, 11 •
10870 Views •
Market Commentaries •
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7 Comments
One outcome is certain once the ‘crucial’ meeting is over on December 9th, there’ll be no tangible solution that “the market”, commentators, analysts, or the general public can draw comfort from, neither will they be left with a...
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Nov 25, 11 •
5570 Views •
Market Commentaries •
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4 Comments
A small-town Greek mayor visits the home of his friend who is also the mayor of a ‘twinned’ small rural Italian town. The Greek mayor is blown away by the amount of luxury on display: swimming pool, three cars, impressive villa with 10 bedrooms...