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European Central Bank Staffers Are Complaining Of Stress, Being Overworked, No Extra Pay
According to a new poll conducted by IPSO, a union at the European Central Bank, staffers are complaining of stress and that they are being overworked. This is according to an the AFP via tweets from the...
- Posted 324 days ago
Here’s Why Investors Are Already Dubious Of This New European Bank Recapitalization Plan
Wall Street has already begun weighing in with negative opinions on the new European deal to use bailout funds—the European Financial Stability Facility and the future European Stability Mechanism—to recapitalize troubled banks in Europe, despite the positive...
- Posted 329 days ago
Everything You Need To Know About The European Bailout Mechanisms In One Huge Slide
European countries have requested bailouts to avoid defaulting on their debt. Spain’s bank-bail out and Cyprus’ aid request are just the latest. In fact, some expect countries like Portugal will need an amended second bailout. But where...
- Posted 331 days ago
CHART: What A European Recovery Could Look Like Over The Next 14 Years
In a new post at VoxEU, OECD economists Pier Carlo Padoan and Urban Sila and European Commission economist Paul Van Den Noord take a look at what a recovery could look like for a “typical” Eurozone country...
- Posted 338 days ago
Rising European Nationalism Is Destroying The Euro (EZU, FEZ)
The European crisis and the recent round of elections in Europe have shown an undercurrent of political nationalism, writes UBS economist Paul Donovan. In Greece, Golden Dawn got nearly 7 percent of the vote in June 17 elections,...
- Posted 339 days ago
ACTA: Unredacted Docs Show European Commission Negotiation Failures
This week and next there will be several key votes in European Parliament Committees on ACTA, the controversial Anti-Counterfeiting Trade Agreement. In advance of these votes, European digital rights group EDRi and AccessNow managed to obtain documents...
- Posted 343 days ago
Why ACTA Lives Or Dies With The Vote In The European Parliament
A trade agreement such as ACTA can only be enforced by a larger economy against a smaller, for two reasons. First, the preferred means of enforcement is trade embargoes or penalizing tariffs – and when one part...
- Posted 345 days ago