Wishing on Europe

Archives for Elections

The country presents two basic plights: the political class, the so called “caste” and the expanse of the territory. The term “caste” epitomises the extent of privileges built up by politicians in the last 5-6 decades; the term was first used in an Italian book, written by Sergio Rizzo and Gian- Antonio Stella, two journalists… » 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