Monthly Archives: January 2015

So ECB pumps 60bn euro monthly while Greeks…

Posted on January 29, 2015 by bzik2

“Withdrawals from Greek banks exceeded 14 billion euros ($15.9 billion) in the run-up to the snap elections that catapulted the anti-bailout Syriza party to power, including 11 billion euros that were taken out in January, the person said. Between Jan. … Continue reading →

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“Euro is like hotel California…

Posted on January 28, 2015 by bzik2

…you can check out any time but you can never leave” says a new Greek minister of finance, professor of economics at the University of Athens. Read more at: http://www.bloomberg.com/news/articles/2015-01-27/greece-s-new-finance-minister-says-euro-is-like-hotel-california

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European court says Yes to QE ‘bazooka’

Posted on January 15, 2015 by bzik2

“Plans for a full-scale money-printing operation to spur growth and inflation in the struggling eurozone cleared a legal hurdle yesterday after a favourable verdict from the European Court of Justice.” http://www.independent.co.uk/news/business/news/european-court-says-yes-to-qe-bazooka-9979035.html

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