Mar 03
A pre-electoral report by Mediobanca Securities forecasted the incredible results of Mr Grillo and Mr Berlusconi in the Italian vote of 24-25 February 2013, and indicated it as the best scenario for financial operators worldwide (read the scoop by Il Sole 24 Ore on 18th February 2013). “Paradoxically, the worst case scenario could actually become …
Sep 27
The European Commission proposes the overall amount for the next seven years: €1,025 billion in commitments (1.05% of the EU GNI) and €972.2 billion (1% of EU GNI) in payments. Horizon 2020’s budget is confirmed at €85 million, and new aid regimes are introduced, like the paneuropean program for infrastructure, transport, energy and ICT ‘Connecting …
Sep 24
E’ stata emanata la circolare MedioCredito Centrale n. 627 del 21 settembre 2012 (Presentazione delle domande a valere sul Fondo di Ingegneria Finanziaria -Misure a sostegno del rafforzamento dei Confidi di II livello tramite controgaranzia- della Regione Marche), con la quale il gestore, con riferimento agli interventi del Fondo di Ingegneria Finanziaria e, in particolare, …
Sep 14
An ambitious blueprint to guarantee the whole amount of deposits in eurozone banks have been stopped by German objections, Financial Times revealed today. EU officials agreed a eurozone banking union with regulation and control shifted to Brussels, and the guarantee over deposits was intended as a first move in that direction. In the first drafts …
Sep 13
The conditional approval of the ESM’s rules by Karlsruhe judges limits the secrecy of bailout agreements, in the name of the citizens’ right to be informed. It comes after 37.000 Germans signed the petitions against unlimited funding to ESM by Germany. The Court’s decision orders the two Chambers of the German Parliament be fully informed …
Sep 12
The British Bankers’ Association (BBA) issued a warning to banks in April 2008 to “submit honest rates” to its Libor setting panel. One email, dated 21 May 2008, appears to show that Angela Knight, the chief executive of the BBA, was aware of the potential for banks to submit rates not reflecting the price at …
J. E. Stiglitz P. Krugman N. Roubini EUROPA – Joint Research Centre Project Syndicate Come Don Chisciotte Su la testa Spinoza