What to do with products that are in our own country is not it? They are exported abroad. In this concept, with which the German industry has long been so successful it has now apparently also the Federal Minister of Economics headed.For Bailout for Greece, at the special summit on the 21st € Was decided in July 2011, includes measures to revitalize the country's competitiveness. Readmore…
Public debate and the business sections of newspapers currently seem to know only two issues – the problem of debt in the euro area, southern Ireland, and in addition to the now dissolved first debt crisis in the U.S.. It is easy to forget that in Germany we have a debt problem – and in a larger scale than is currently standing on the paper in Greece. Readmore…
Economics has experienced a few decades ago a small break, as public choice – the economic theory of politics – appeared. Political decisions are now themselves the subject of economic analysis and not simply relegated to the data ring. That's one side.The other side of that one now has to put up with quite the accusation touching naivety, is when you give advice on economic policy without taking into account how their realization changed the incentives of policy makers. Readmore…
If you look, the interest rates on the market for 10-year government bonds relative to Germany, we recognize some worrying trends, where the Irish and Portuguese in September last year, and the Irish and Portuguese, with about 8%, where the Greek stood in March of this year. Readmore…
This short article comes from holiday and is therefore not thoroughly researched. It provides more questions to the regulatory “community”, as he held the ready-made answers. Today, on 16 August 2011, I look at the “ZDF heute journal” and find out there that “the markets” had the meeting Sarkozy-Merkel wished for a clear commitment to “Euro Bonds”! I have not wished. Readmore…
No sooner had The parties to the recent crisis summit on 21 Their decisions made in July 2011 there extensively acknowledged and celebrated as the end of the debt crisis, there was new unrest in financial markets. The focus was on Spain and Italy, whose debt securities by the European Central Bank have been purchased to support the markets and prevent a rise in interest rates. Readmore…
“There is no politician who wants to ignore the laws of physics when building a bridge. But there is a tendency in politics in every country to suppose that the laws of economics are flexible and can be adjusted to political necessity. “€ has its future behind him. In the present constitution, he has no chance. Readmore…
In the euro countries are the traffic lights on red for fiscal policy, it must be sacrificed so much the well-to high national debt gets out of hand any further. Otherwise, the distrust of the financial markets towards further debt states are reaching out and destroy all hope of economic recovery in the euro area broad and lasting stability of the single currency. Readmore…
Excessive political rhetoricSyndicates live from the acceptance of their members. Politicians like to advertise for ends whose existence rather less moral than economic in nature. The European Monetary Union is by its nature an association for those EU members who see a pooling of monetary policy and thus a single currency and an override of the exchange rate as an adjustment variable to gain an advantage. Readmore…
Have in the amateur leagues of German football intensified in recent decades emerged through the media-effective model of professional football semi-professional employment. The resulting demand charges paid during their sporting careers in many cases, no sideline, but they are often not able to do without a professional sports career after the operation. Readmore…