Standard & Poor’s 500 Index has lowered the credit outlook for the EU as a whole to NEGATIVE. SPIEGEL Online reported, in addition to the new aid for...
The Board of the International Monetary Fund (IMF) decided on Wednesday not to participate in the next credit-round for Greece. The Board denied new loans to...
The Euroland is still not a unified idea outside the minds of the political elite. French farmers set up roadblocks to stop the import of cheaper food from...
German Federal Finance Minister, Wolfgang Schäuble, envisions that the Euroland has to assume control to relieve the local politicians of the need to raise taxes...
It was about 20 years ago when Wolfgang Schäuble, current German Finance Minister, wrote his paper on the danger in the Eurozone reflecting on European...
Polish EU Council President, Donald Tusk, was shocked by the fierce debate over the Greek bailout in the EU Parliament. He told the FT: “It was the first...
I have been stating all along that attempting to forecast gold in isolation is the equivalent of summoning a witch doctor for cancer. Everything in this world is...
It is sad to see many Greeks now really disliking the Germans. They are bringing the differences back all because politicians CANNOT admit they screwed up the...
History repeats because human nature never differs. I have warned that Albert Einstein was correct: you can NEVER solve a problem with the same line of thing that...
Helmut Kohl was a powerful politician in Germany. He convinced the German people to enter the euro and his 1998 speech in Bundestag generated a vote of 632 out of...
