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Dr Jean Tirole has won the Nobel Prize for Economics having pursued studies centred on regulations suited to ex State monopolies, like Power supplies, Telecom, Gas, Banks… Mr Tirole concludes that those sizable companies, once privatized, tend to accumulate excessive profits, often not decorously compatible with the community of citizens. Hence the opportunity to legislate… » read more

Posted by Elio Pennisi

From the outcome of the meeting on Banking Resolution closed last week a less foggy picture comes into bloom about the shape that the Union is going to take in the medium term. Besides the profuse rhetoric of a successful Banks Resolution Agreement and the less trumpeted plethora of exceptions to the rule itemized in… » read more

Posted by Elio Pennisi