Category: Euroland
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La crisi l’e bela
Fiorello revises an old Italian cabaret classic. Modern Times? Dreams In my dreams I have a plan
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Rush on the Central Bank
The Times reports that there is nothing to worry about the queues forming outside the Central Bank. The picture taken by the Times shows a snaking queue outside the Valletta office of the Central Bank. Obviously the Times’ calming headline must be read in the context of the current economic scenario. Belgium for example is…
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Press Standards & Poor Berlusconi
Italy’s sovereign debt rating has been revised downwards (A from A+) by Standard and Poor’s. The marginal comment to this revision was that the country’s outlook was “negative”. Notwithstanding Berlusconi’s “manovra” that seemed to have appeased worries in the institutional corridors of Brussels, the credit rating agency “cited fears over Italy’s ability to cut state…
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Crisiswatch
Controversial historian Niall Ferguson sees no solution for the current European Debt Crisis which he describes as a “European Lehman Brothers“. Are we really in for a shocker? Is the biggest strike still to be dealt on the European economy? Will the euro suffer the consequences? Worse still, is it – as Joseph Muscat would…