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Hope is once again triumphing over experience in European policymaking circles. This time it is the European Recovery Fund that it is hoped will...
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Hope is once again triumphing over experience in European policymaking circles. This time it is the European Recovery Fund that it is hoped will...
Hyman Minsky, the late renowned credit market expert, must be rolling in his grave at the sight of Italy, the Eurozone’s very troubled and...
Judging by the market’s enthusiastic reaction to Mario Draghi’s recent appointment as Italian prime minister, one could be forgiven for thinking that Italy, the...