A new legal challenge to the ECB’s mandate
The two ECB flagship projects of saving the euro and saving Europe’s banks are now both under legal threat.
The two ECB flagship projects of saving the euro and saving Europe’s banks are now both under legal threat.
Perhaps the reason why our newspapers are so full of crime stories is not because there are so many crimes but because of the very opposite: crime is quite uncommon in New Zealand.
It is the same mentality that has propelled Aldi to one of the world’s most successful retail chains, one that is driving Germany’s astonishing competitiveness.
The older I get, the more I feel at home in the hardly changing world of government-provided services.
In an ideal world, an economic liberal like myself would happily enter a debate supporting the moot that it is financial fundamentals driving investment markets.
For the Germans, July 8 was a good day.
Economic forecasts were, of course, only invented to make weather forecasters look better.
Doctorates, warranties and Andie MacDowell may differ in many ways.
Last week, I wrote about Angela Merkel’s declining influence in Europe.
It is debatable whether Merkel actually managed to negotiate good deals for her country, but at least it always appeared as if she was able to dictate her will in Europe.
© Dr Oliver Hartwich