Wishing on Europe

Archives for ECB

If the European Union were designed in 2013 it would certainly be shaped differently. Its form would resemble more as an enhanced World Trade Organization with a few core nations having gone as far as funding a confederation of States sharing a single Foreign Ministry and a single seat at the “so hypothesized” European Trade… » read more

Posted by Elio Pennisi

European Stability Mechanism Bailout fund and Outright Monetary Transactions set a new ground for EU weak countries to relieve their economies while taming international speculation, at least for some time. Access to OMT, managed by the European Central Bank, is conditional to strict and precise rules based on the fiscal pact plus a bit to… » read more

Posted by Elio Pennisi