The skyrocketing global debt has become the main problem for the global economy – even if this is being hidden for obvious reasons by the global political elite and the systemic media. Public deficits for anyone with even the slightest understanding of the workings of the economy can neither act as reserves for the private …
Tag: Eu
FED – ECB: Inflationary landmine with interest rate cuts – Trump victory in the US is the key scenario
The Bureau of Labor Statistics (BLS) argued that a pick-up in rent inflation—the index rose unexpectedly sharply in January’s CPI—was due to a shift in the data series that could either mean that the change was a structural shift in values or indeed an error which could be fixed at a later stage. Conclusion; No …
How healthy is the Global Banking “system”?
Markets are still digesting the fallout from the failure of Silicon Valley Bank, the second largest bank failure in US history and the biggest collapse since the 2008 financial crisis, which was quickly followed by the collapse of New York’s Signature Bank, when suddenly what seemed to be just a problem of mid-sized American banks …
The Real-estate market in turmoil and how the EU & USA is hitting Growth
Investments in real estate are traditionally made with loans, the vast majority of which have a variable interest rate. Rising interest rates increase the cost of servicing loans and consequently reduce or eliminate the profit of the companies that own the properties. Already, internationally, the first effects are being observed, with many large companies that …
The ECB’s aggressive interest rate hike is causing problems for the EU
The ECB’s aggressive interest rate hike is causing problems for everyone in Europe. To citizens who are asked to pay a higher installment on their mortgage or consumer loan, to businesses that are raising the cost of servicing their loans, to states that see their existing bonds collapse, and even to public debt that, instead …
The EU puts an end to Virtual Companies
It is well known the practice of many taxpayers, natural and legal persons, to establish virtual companies (i.e. companies without physical presence and real economic activity) in countries with preferential tax status such as Cyprus, Bulgaria, Ireland, etc., in order to avoid the paying taxes in the country where the income actually arises. The European …
How the ECB Will Force Banks to Raise Deposit Rates
The monetary policy of the EU it seems at the moment to be on the one hand ineffective, on the other hand leading to a dead end causing negative effects on the economy, with no benefits for anyone except the banks who will see their profits increase from the increase in loan rates while they …
The Sustainability of European Industry in the Energy Crisis
Eurometaux is the European agency representing producers, processors and recyclers of non-ferrous metals. Its ranks include some of the largest European industries and the most iconic ones belonging to the respective sectors in Europe, which have a turnover of 120 billion euros and directly employ 500 thousand workers. The text of the positions which he …
Why the EU’s Proposal to Impose a Cap Only on Russian Natural Gas is Wrong?
In the past two weeks the structural pathologies responsible for the EU’s energy gridlock have combined with a series of extreme weather events – such as unprecedented drought – to record unimaginable energy prices. The day-ahead electricity prices in France, the EU’s traditional electricity exporting power, reached on September 2 even above 1,000€/MWh, while natural …
Euro-Dollar Parity 1:1- Europe takes Steps Backwards Compared to the US
Each currency reflects the reality in the economy and is a tool of a specific economic policy. Reflecting at the same time, the general situation of the period, it is a matter of time, as everything shows, for the parity of the euro against the dollar to reach the absolute one-to-one and to fall below …