Friday, 3 May 2013

Despite costly bailouts, Germany still benefits from the euro: Study

Even if Germany had to write off the loans it extended to Southern European countries as part of the eurozone's emergency rescue measures, the economic advantages of its membership would still be overwhelming, according to a recent study by the Bertelsmann Stiftung.

http://www.euractiv.com/euro-finance/despite-costly-bailouts-germany-news-519507





Too-Big-to-Fail Takes Another Body Blow

Friday, 3 May, 2013 4:31



 Turkey becomes partner of China, Russia-led security bloc

Friday, 3 May, 2013 4:26


ALMATY (Reuters) - NATO member Turkey signed up on Friday to became a "dialogue partner" of a security bloc dominated by China and Russia, and declared that its destiny is in Asia. 

 http://news.yahoo.com/turkey-becomes-partner-china-russia-led-security-bloc-193111942.html


Draghi to Bundesbank President Weidmann … KLAATU BARADA NIKTO

Friday, 3 May, 2013 4:06

Thus, the concept of NEGATIVE DEPOSIT RATES was meant to move markets and test German resolve. The FOX is sensing the backlash to austerity and feels he can push back against the European core. The recent slowing in Germany’s economy and the Dutch nervousness over continuing budget austerity seems to have emboldened President Draghi–a huge political gamble based on his “wide variety of experiences.” He better hope that Weidmann and the German leadership are not hedgehogs of austerity.
 

http://yragharris.com/2013/05/02/earth/



Posted by Britannia Radio at 19:06