According to Reuters this morning, “Italy holds the key to the euro zone debt crisis,” BNP Paribas analyst Luigi Speranza wrote in a research note late on Thursday. “Developments…
I am sure that you would have noticed that new word has emerged as a buzzword. It is of course a “haircut”. I am old enough to remember when…
Here we are again, as if we have never left, the headlines are the same as 2008, banks in trouble, blah blah blah. What I find amazing is that…
Way back in June, I stated that it was purely a matter of time when Greece would leave the Euro, not if she would leave the Euro. Everyone’s attention is…
Talk is cheap they say, but the talk that the EU leaders are currently engaging in, is very expensive. There is a huge elephant in the room , and they…
I am sure that Fudge has to be the EU’s favourite sweet, they have been fudging ever since the first financial alarms sounded concerning Greece. Up to last Thursday, it…
The banks are still not lending to SME’s. According to the Bank of England today, “small businesses are still being rejected, ignored and treated unfairly by banks”, MPs were told…
I am convinced that Europe has a very sweet tooth, especially for one particular sweet. fudge. The way in which the EU has fudged on the Greek problem is quite…
The question people are asking is how will Greece repay their debts, and what structures can the EU put in to place to minimise the damage. Lets be totally frank,…
