“It's never been able to do with bad economics is good politics.”A little over two and a half years, to celebrate the 10th Anniversary of the euro, was the world of Euromantiker still in order. The speakers came thick and if the value of outstanding domestic and the international strength of the new currency. Readmore…
IThe Heads of State and Government of the Euro zone have taken a bit of everything, and the derived medicine, certainly not merely a placebo, is apparently indeed become a valuable sedative. As such, they also correspond to the emergency. Readmore…
Economic and business ethics are enjoying increasing popularity for quite some time. Especially the corporate ethics has measured the relative growth of publications on an exponential growth. One can speculate about the reasons for the increasing popularity of the topic only. For many authors, it certainly provides a welcome opportunity to escape the growing formalization of economics. Readmore…
With 109 billion euros, Greece is powered through the last Thursday agreed with a second rescue package new loans and Greek bonds are redeemed or exchanged for new bonds. Thus, at least the current credit crunch in Greece can be overcome.That's nice. More importantly, however, whether the debt problem will be self-controlled. Readmore…
Last Thursday have agreed the Heads of State and Government of the Euro-member countries on a new bailout plan for heavily indebted Greece, which was rewarded by the stock exchanges at least by rising prices. He is initially composed of new financial support amounting to 109 billion €, an interest rate reduction for and the deficit ratio in all EMU member countries that are not dependent on aid programs, are reduced to 2013 under the 3 percent limit. Readmore…
Germany is dependent on the chosen indicator and of the other countries a service gap. This approach neglects country-specific advantages of specialization and the resulting success and the cooperation of industry and services.A result of the global financial and economic crisis, which saw especially in the winter of 2008/2009 caused a sensation, was also criticized the German economy will suffer more because the industry and the export of industrial goods in this country play a larger role than in other countries. Readmore…