A group of Friends writing their real opinions and sharing it with the world.
In the recent European Union summit, discussions circulated primarily around hard budget deficit rules and the proposal to introduce a “deficit limit”. For some reason it is generally accepted that government deficit’s and spiralling government debt levels...
Read moreMr Sarkozy inherited a large and diversified French economy with strong domestic demand and high productivity levels. Mr Sarkozy’s inability to tackle labour market rigidities and his unwarranted spending policy to the financial crisis has caused French...
Read moreAt its time of establishment, the Economic and Monetary Union (EMU) was political driven and not economically driven. A number of economists predicted the EMU's current problems twenty years ago, if only we had listened then... Earlier this week Italy...
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