When they forced The year 2010/11 the Tunisian ruler Ben Ali to flee from his country, this triggered a wave of liberation movements in the Arab world. Comparisons with the domino-like fall of communist regimes in Central and Eastern Europe were quickly at hand, and many of us dreamed of a democratized Middle East and North Africa. Readmore…
Against the background of the debt crises of some EMU member countries to the meeting of the EMU Government on 11 March and the end of March EU summit intended to adopt new institutional pillars for stabilization of the euro and the European Monetary Union. But what kind of decisions be? Fear is that there is ultimately only an increase in the so-called “euro rescue package” entails that it is not possible to adopt a strategy incentive compatible excessive debt crises and that the transition to a transfer union is more likely. Readmore…
Against the logic of balancing identities not can do much: over-indebtedness situation is entered, it can be either the debtors to help avoid a bankruptcy, or take a debtor bankrupt in purchasing and helping creditors to avoid bankruptcy, or you take the risk of bankruptcy of debtors and creditors in purchasing and the cost of the resulting collateral damage. Readmore…
Wikileaks is not a vulnerability of the Internet, but of politics. Until now, the democratic citizen assumes that only dictatorships have to explain their actions with false justifications; far from it. The events of recent weeks reveal relentlessly that politicians also have a significant deficit in relation to the assessment of the enforcement power of media – especially the electronic kind That can bear bitter fruit. Readmore…
The economy is concerned about the supply of “strategic” commodities, and economic policy – above all the EU Commission – provides with it. It teaches the historical experience, the perceived or actual shortage trends rather see left eye. Again and again there have been approaches to estimate the consumption of exhaustible resources and figure out when the stores are going to run out of certain raw materials forever. Readmore…
The cat is now out of the bag on 6 January, was developed by the French president's proposals for a European economic governance in his behalf. Chancellor Merkel had already agreed to in mid-December an “economic governance” of the euro countries.The report includes 25 pages and ends in 16 proposals. Readmore…
Past two decades in the European political debate again and again – especially France – the demand for an “economic government” showed up, but just as regularly as politically unacceptable were pushed aside. In recent months the debate on this subject, however, gained a new intensity and quality. Readmore…
On 29 September the EU Commission presented its proposals to help strengthen the Stability and Growth Pact should be. The proposals include new regulations and, besides concretions of existing rules and extensions of the SGP, which go beyond the current regulations. The aim of these measures is that in recent years explosive rise in borrowing, and debt ratios back curb and prevent the associated recovery actions for individual member countries or the total of future monetary union. Readmore…
Fridges could be scrapped. Even bicycles. Cars anyway. This would take only a shredding machine. But this comes in Hans-Olaf Henkel's latest book “The scrapping” is not available. Instead, it comes to paper, so-called junk bonds. They were the reason that the debt in Germany after the collapse of U. Readmore…
First BasicsWhen cartels are agreements with market participants with the aim of the competition between the cartel members to restrict. Therefore, they are prohibited in all competitively organized societies. The purpose of antitrust is to prevent the restriction of competition caused by damage to third parties, for example, using this as a consumer have to pay higher prices than for effective competition between suppliers cartels. Readmore…