16. 06. 2021 |The Spanish government is pursuing eminent economist Andreu Mas-Colell with unspecified accusations of misappropriation of public funds with regards to the Catalan referentum of 2017, even though he had been retired for years at that time, writes Princeton professor Alexandre Mas, his son, in this guest comment.
15. 06. 2021 | The hypocrisy of a working group led by the European Central Bank (ECB) on the preservation of cash, which is dominated by banks who at the same time continue to wage their war on cash, has been exposed by cash industry group ESTA in a report. ESTA sent the report to this working group – after it had recently left it in protest.
03. 05. 2021 | As part of its rather secretly “announced” cash strategy, the European Central Bank (ECB) has commissioned a working group of interested organizations to catalogue problems of the cash cycle. A clash between banks and the cash industry association is casting doubt on the sincerity of the endeavour.
13 April 2021 | Many poor countries were pushed to privatize their pension systems to the benefit of international pension funds and insurance companies. After reversing this costly failure, they are sued by financial companies who want their expected profits guaranteed.
28 March 2021 | Mario Draghi has recently been put in charge of the Italian government without ever campaigning in a popular election. Have the parties who agreed to that done their due dilligence? Have they read Draghi’s recent guide to „Reviving and restructuring the corporate sector“. It boils down to: Let small companies go under, help private equity funds to strip the midsized ones of their assets and let the big ones take over.
18 March 2021 | The EU Commission aims to have a Europe-wide infrastructure for a digital vaccination pass ready in time for summer travel. Without it, people will hardly be able to travel, possibly not even domestically, and will not be able to go to the movies, restaurants or shopping. We will always be told: “Papers, please!
16 March 2021 | On March 5, 2021, it was announced that the Germany had reached an agreement with the Swedish state company Vattenfall to settle a claim valued at up to €7 billion, over the phase-out of nuclear energy in the wake of Fukushima. The government pay Vattenfall €1.4 billion, much too much, argues Juan Carlos Boué in this guest comment.