The Bail Out Business, a new report published by the Transnational Institute (TNI), reveals how rescue packages for EU banks have become a business benefiting a small group of audit and financial consultancy firms. AccordingContinue reading
Category: Finance
ECB Can’t Get No, Satisfaction, From The German, CPI Data…
Inflationary pressure in Germany remains low. Based on the results of several regional states, German headline inflation increased to 1.4% YoY in December, from 1.3% in November. On the month, German prices increased by 0.4%Continue reading
Latvia Joins Euro With Smooth Transition
Latvia has adopted the euro as its official currency and “the changeover is running smoothly and according to plan” according to the European Commission. The previous national currency – the lat – is now beingContinue reading
Tsipras Meets Rehn. The Bro-mance That Never Was.
In Brussels, Alexis Tsipras, Greek MP and President of Synaspismos, met with Mr Karas and Mr Liêm Hoang Ngoc, to be briefed about the progress of the ongoing inquiry by the Economic and Monetary AffairsContinue reading
Bah! Humbug! German New Orders Disappoint
Still zig-zagging. Festive cheer is lacking as new figures show German new orders disappointed in October, dropping by 2.2% MoM, from a 3.1% increase in September. On the year, new orders are still up byContinue reading
Germany (almost) Has A New Government
Early this morning, the two Christian-democratic parties (CDU and CSU) and the social-democratic SPD reached a final coalition deal. Details of the deal will only be presented later today. Up to now, the only settlementsContinue reading
“Banks Can No Longer Exclude Citizens From Society,” – Klute
Everyone legally residing in the EU must have the right to open a basic payment account, and this right should not be denied on grounds of nationality or place of residence, said the Economic andContinue reading
Best Supporting Actor, Almunia Adopts New Film Rules
European Commission Vice-President, Joaquín Almunia, has adopted revised criteria for EU state aid in favour of films and other audio-visual works. The new Cinema Communication allows aid for a wider scope of activities, highlights Member States’ discretionContinue reading
World Quality Report from Capgemini, HP and Sogeti
As the importance of application quality increases, average spending on quality assurance as a %age of the total IT budget, has grown from 18% in 2012 to 23% in 2013. Still, many organizations struggle toContinue reading
Sodastream – Fizzing Up, Or Bubbling Over?
Establishing that the concept has been around for quite some time does not help answer the question that many investors have in mind about Sodastream: ‘Is this a fad, or could this be a disruptorContinue reading
