Posts Tagged ‘the eu’

Thank goodness for UK planning regulations

Sunday, July 11th, 2010

Many people complain that UK planning rules in respect of housing are too tight. That they should be able to build what they like on their own land despite what others may think.

But at least we have some. …read more

So everyone was misled over the Euro

Friday, May 28th, 2010

Herman Van Rompuy, the first long term and full time President of the European Council, has admitted to a select group of civil servants and business people that the “man in the street” has been misled over the Euro for years. …read more

It’s not the markets, it’s the politics

Thursday, May 20th, 2010

As the whole European economy reels and sinks to its knees, those in power blame ‘the markets’ and plan more and tighter regulation to try and curb the activities of speculators. …read more

Germany bans some short selling

Wednesday, May 19th, 2010

In a move to stabilise the markets Germany last night announced a ban on short selling of some riskier financial instruments.

This though seems to have had exactly the opposite effect …read more

Greek Minister resigns

Tuesday, May 18th, 2010

As the Greek government scrabbles around for the money to refinance their maturing sovereign debt, it is revealed that the spouse of the country’s Secretary of State for Tourism has an unpaid tax bill of over €5 million. …read more

The EU external audit of the UK finances

Sunday, May 16th, 2010

Speaking on the BBC Andrew Marr show today, the new Prime Minister David Cameron lambasted the crazy spending decisions that Gordon Brown’s Labour took in the final days of its time in office.

The new Office for Budget Responsibility will start its audit of the UK finances tomorrow. Already though the new coalition government are painting a bleak picture and have still not ruled out an increase in VAT as well. …read more

Pain across the EU

Thursday, May 13th, 2010

It doesn’t seem to matter whether you are in the Euro or not, we are all going to feel the pain of the economic downturn over the next few years.

The internal strife within Greece after being forced to follow their own austerity path is now well known. Now it is the turn of countries such as …read more

The Greece deal extended

Monday, May 10th, 2010

Greece, on Friday secured the three year deal they need as an absolute minimum to stay afloat. They have €80 billion from the Eurozone and €30 billion from the IMF (which includes the UK).

But in a move designed to fend off the market wolf-pack circling the PIIGS countries, …read more

Greece debt problem not solved yet

Wednesday, May 5th, 2010

Markets saw their biggest falls in three months as it became clear that the Greek sovereign debt problem has not been completely resolved yet despite a huge three year €110 billion loan programme.

The Euro also continued to fall as doubts remained as to whether countries …read more

Pressure put on Greece to cut deep

Monday, April 26th, 2010

Concern is now growing that the original package agreed for the bail-out of Greece may not in actual fact be large enough. With Germany already being asked to stump up some €8.4 billion and France about €6.3 billion the cracks in the Eurozone are really beginning to show. …read more

The true colours of Nick Clegg

Sunday, April 25th, 2010

Nick Clegg is so quick to refer to the Liberal Democrats as a new party, a party that can change the face of politics. Well I do not disagree they can change the political face, from a smile to a very large frown. The Lib-Dems granted, may be a relatively new party starting in 1988. …read more

The UK still has record debt

Friday, April 23rd, 2010

…read more