Gold is one of the most interesting investment choices, especially in times of economic recession, hyperinflation and general social crisis as is currently the case due to the Covid-19 pandemic around the globe. In March, gold price experienced the biggest rise for the past seven years, mainly for two reasons: All the world’s central banks …
The Individual and Governmental Responsibility and the Ways to improve the Healthcare Systems to efficiently respond in Pandemics
Since the eruption of the Covid-19 (Coronavirus) outbreak in the countries of the West (EU, UK, USA, etc.) which are severely affected and the adoption of restrictive measures on the movement of citizens and a general lockdown on their economies, the governments of all these countries that are taking these measures constantly say that in …
The “Therapeutic” Policies for the Economies of the Planet affected by the Covid-19 Pandemic
The global economic crisis caused by the Covid-19 pandemic is not simple to deal with, nor is it easy, because for the first time in peacetime both demand and supply are being affected at the same time in the affected economies». All economists worldwide are revising their estimates of the magnitude of the economic downturn …
How the US and the World’s Countries will avoid the Economic Armageddon caused by the Lockdown of Coronavirus Pandemic
The terrifying economic downturn that the developed economies of the world are gradually facing, especially that of the US, due to the Covid-19 (Coronavirus) pandemic is much worse than the global financial crisis of 2008 caused by the collapse of the US investment bank Lehman Brothers Holdings Inc. This is because the current crisis is …
Governments and Central Banks React while the World Economy Enters in Recession Coma
The EU last week announced that the enforced rules on budgetary discipline are being suspended in order the member-countries of Eurozone to deal drastically with the upcoming recession due to the Covid-19 (Coronavirus) pandemic. The US Senate House on March 25 approved the $2trillion fiscal package proposal of US President Donald Trump to supprot the …
The Proper Way to Achieve the Single Operating Federal Type Budget of the Eurozone – Part I
The one and only budget of the Eurozone to become fully operational should be based on the full implementation of the correct fiscal stability rule in all the budgets of the general governments of its member states. The EU has in general set a proper fiscal framework in which should move the state budgets of …
The Proper Way to Achieve the Single Operating Federal Type Budget of the Eurozone – Part II
The Commission/EU in order to achieve the full functionality of the single Eurozone budget, in addition to its corresponding operating expenditure budget for the Eurozone, it will have to draw up a corresponding operating revenue budget for the Eurozone. Any policy that is followed to date by the Commission, where the Commission considers the Eurozone’s …
The Sustainable Solution for the Eurozone Economy – Part IV
As regards the public sector expenditures on unemployment benefits and given that there will be a joint operational and centrally designed budget for the central government of the Eurozone, these costs will must be made with a combination of expenditures both from the budget of the central’s government member state and the common Eurozone budget. …
The Sustainable Solution for the Eurozone Economy-Part III
The downsizing of public sector expenditures in central government budgets will must be done by a specific methodology and depending on the range-size of the public sector of the Eurozone (EU) member country. The budgetary curtailment of the public sector expenditures of a Eurozone member country will must be done with specific policies which, depending …
The Sustainable Solution for the Eurozone (EU) Economy – Part II
The European Commission and in general the EU rightly has set specific fiscal limits on the budgets of the member states of the Eurozone through the: Treaty of the European Union, Feb. 1992, widely known as the Maastricht Treaty-December, 1991 (Source׃ EU https://europa.eu/eu-law/decision-making/treaties/pdf/treaty_on_european_union/treaty_on_european_union_el.pdf, 29/7/2015, Brussels_Luxemburg 1992), and the Stability and Growth Pact (November, 2011) (Source׃ …