ECB paralysed by German court decision as deflation threatens
ECB
Eurozone banks face £42bn ‘capital black hole’
– “I expect more bad news coming out of Germany. The strongest German Panzer was unbeatable, but there is only one problem – they have one of the worst banking systems in the world Government adviser Davide Serra says this year’s stress… Read More ›
Euro begins to crash, Eurozone now considering a Negative Deposit Rate of -0.1%
ECB is reportedly considering a negative deposit rate, meaning eurozone lenders would have to pay the ECB to deposit money with it. <!– remove the whitespace added by escenic before end of tag –> By James Titcomb, and Ben Martin… Read More ›
EU getting ready to destroy the banks yet again?
Draghi: ‘please don’t destroy Europe’s banks yet again’ By Ambrose Evans-Pritchard Economics Last updated: October 22nd, 2013 El Pais has obtained the devastating letter by the ECB’s Mario Draghi warning Europe’s authorities not to set off yet another conflagration with… Read More ›
Cyprus Bail-Out Unfair, short-sighted and self-defeating: Will anyone ever put their savings in a Eurozone Bank again ?
Unfair, short-sighted and self-defeating Mar 16th 2013, 14:54 by A.P. IT IS not a fudge, but it is still a failure. The euro zone’s bail-out of Cyprus, which was sealed in the early hours of Saturday, did get the bill… Read More ›
Debt crisis: ECB board member shuts door on Greek pleas for leniency: it would be illegal and “illogical”
Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and “illogical”, board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. Last… Read More ›
European Central Bank and the Federal Reserve succesful in their plan to devalue the Dollar to protect the Euro
US Dollar takes a Hit Sunday, 30 September 2012 The Dollar Index fell by the most since the first quarter of 2011 after the European Central Bank pledged to protect the euro from unraveling and the Federal… Read More ›
Greeks stage mock hangings in protest at austerity measures as European Central Bank riles Germans with euro debt plan: With the Support of Greek Security Forces
Nearly 2,000 members of the Greek security forces attended rally in protest at austerity measures and proposed pay cuts Took place on same day as ECB launched new plan to save the euro by buying the debt of troubled eurozone… Read More ›
Engineering Evil 