Eurozone ‘destruction’ necessary if countries are to thrive again, warns former ECB hawk
Mr Stark called for “less centralisation” of policies as he said the eurozone was unsustainable in its current form CREDIT: AFP Szu Ping Chan Telegraph 29 JANUARY 2017 The eurozone … Continue reading
The Trump Effect on pound vs euro
I don’t know how or why but Trump has already increased the value of the pound in my pocket vs the euro! For weeks it has been stuck around 1.12 … Continue reading
The eurozone is turning into a poverty machine
MATTHEW LYNN Telegraph 24 OCTOBER 2016 The fact that poverty levels are rising so fast in what were prosperous countries is shocking There are constant bank runs. The bond markets … Continue reading
Sterling hits three-year low against the euro over Brexit worries
British pound drops sharply after Theresa May announces UK will trigger EU exit in March, suggesting immigration not single market is the priority Pro-Brexit demonstrators outside Downing Street in July. … Continue reading
IMF admits disastrous love affair with the euro, apologises for the immolation of Greece
The IMF’s chief Christine Lagarde is presiding over an organisation that is almost out of control Ambrose Evans-Pritchard Telegraph 28 JULY 2016 The International Monetary Fund’s top staff misled their … Continue reading
‘Desperate’ ECB risks destroying European project with negative rates, warns Deutsche Bank
The giant Euro symbol stands outside the headquarters of the European Central Bank in Frankfurt CREDIT: GETTY Szu Ping Chan Telegraph 8 JUNE 2016 The European Central Bank’s loose monetary policy risks … Continue reading
Italy must choose between the euro and its own economic survival
AMBROSE EVANS-PRITCHARD 11 MAY 2016 • Telegraph Renaissance bank Monte dei Paschi di Siena is the most spectacular casualty of Italy’s banking crisis CREDIT: ALAMY Italy is running out of … Continue reading
German ‘bail-in’ plan for government bonds risks blowing up the euro
‘If I were a politician in Italy, I’d want my own currency as fast as possible: that is the only way to avoid going bankrupt,’ said German ‘Wise Man’ The … Continue reading
Crippled EU is no longer the ‘anarcho-imperial monster’ we once feared; it’s worse than that
The European Project flamed out as a motivating force in history long ago and is descending into existential crisis. All illusions that the EU can run as a centralised political … Continue reading
![The Pleasure Lounge is still closed 10 days after the police raids [now a Chinese massage place called White Lily Spa]](https://kingslandrogue.files.wordpress.com/2013/12/woman-stands-in-the-entrance-of-the-white-lily-spa-and-massage-parlor-ftj993.jpg?w=40&h=40&crop=1){kind=small}
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