Tag Archives: Michel Barnier

Markets not swallowing the latest European Bank Stress Tests con

London’s FTSE 100 index was down 1.2% shortly before 1pm. Shares in Frankfurt were down 1.3% and Paris had dropped 1.7%. Shares on the Dublin market had dipped 0.7%. More worryingly for policy-makers, the yields on Italian and Spanish bonds … Continue reading

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EU finance ministers to discuss raising of EFSF ceiling

Reuters has the story that European finance ministers are preparing to discuss an increase in the funding ceiling of the EFSF, and a widening of its mandate, at next week’s eurogroup/ecofin meeting. It quotes two separate unnamed sources. One source … Continue reading

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Sovereignty belongs to and derives from the Nation Mr. Cowen!

EU plans to keep closer eye on national budgets By Donal O’Donovan and Brendan Keenan Saturday November 06 2010 IRELAND and other eurozone countries will have to accept much closer surveillance of their national budgets, the Irishwoman who heads the … Continue reading

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