Daily Archives: June 20, 2012

Why Don’t the Markets Reward Spain, Ireland for Confidence-Building Measures?

By Daniel Gross Take Ireland. The island nation’s desire to seek a bailout had nothing to do with runaway public-sector spending. Rather, it had everything to do with its private-sector banks running amok. Ireland’s banks lent way too much indiscriminately, and … Continue reading

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Boom & Gloom: Ghost town shame haunts ex-’Celtic Tiger’ after bubble burst

ANALYSIS: Merkel's search for a Europe of multicultural Germans is more dangerous than anything since the Anschluss.

Reblogged from The Slog. 3-D bollocks deconstruction: Germany must accept it is not the only member to have suffered under the EU I spent a weekend of glorious sunshine rediscovering places I don’t visit very often, and speaking at length … Continue reading

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German Supreme Court rules against Merkel on ESM. Will she now recognise the Rule of Law?

The Karlsruhe judges today found that the center-right coalition government led by Chancellor Angela Merkel had breached the rights of the German parliament by failing to sufficiently inform lawmakers during negotiations towards the creation of the permanent euro rescue fund, the … Continue reading

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