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Tag Archives: Mario Draghi
Will the prophet Putin be proven right?
Last November, when the euro-shit really started to hit the fan, Vladimir Putin – with his habitual freedom of expression – predicted the European Central Bank would need to intervene to the tune of €1.5 trillion. Mario Draghi, who became … Continue reading
Draghi : L’équilibre budgétaire passe exclusivement par des réductions de dépenses
Mario Draghi, le président de la Banque centrale européenne, a été appelé dans le magazine Foreign Policy « L’homme ennuyeux le plus important du monde ». En effet, dans le contexte actuel de crise financière et budgétaire, la BCE est peut-être l’institution … Continue reading
Posted in article, En français
Tagged ECB, euro, Mario Draghi, social democracy, supply-side
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Draghi: Balanced budgets to be achieved through spending cuts alone
Mario Draghi, president of the European Central Bank, has been called “The world’s most important boring man”. Indeed, in this context of financial-fiscal fiscal crisis, there is perhaps no more powerful institution in Europe than that which he heads. Its … Continue reading
Posted in article, eurozone series
Tagged ECB, euro, Mario Draghi, social democracy, supply-side
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Eurostat: Eurozone debt actually decreasing
…last year. Between June and September 2011, the debt of eurozone governments as a percentage of GDP fell from 87.7% to 87.4%. The recovery’s combination of GDP growth, rising revenue, and falling unemployment meant debt was falling at an annualized … Continue reading
Posted in article, eurozone series
Tagged Angela Merkel, ECB, euro crisis, Germany, Italy, Jean-Claude Trichet, Mario Draghi
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Eurozone, the Unraveling (I): A recession for Christmas
We’ve reached a new stage in EU history: the most significant exercise in federalism – the euro – has in its current form caused a double-dip recession. This is a tragedy and a perfectly avoidable one at that. This slow-motion … Continue reading
ECB (finally) gets bashed in Spanish elections
The EU typically plays a minor role in Spanish electoral campaigns. However, El País reports that “the crisis has also upset this, and for the first time since the 80s, the Spanish campaign has begun with a clash between the … Continue reading
Posted in article, eurozone series
Tagged ECB, euro, Mario Draghi, Spain, unemployment
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