“Britain could not be half-in, half-out of the EU”, the UK Prime Minister Theresa May said on January 17, leading the negotiations to a ‘Hard Brexit’. Through the speech, May confirmed that Britain would leave the EU single market, which guarantees the free movement of goods, services and people within the block, since her first […]
Since the last financial crisis much has been said, both by the specialized and public press, on the nature of derivatives and their role in the latest global financial meltdown. Actually, their diffusion and broad usage is much older than commonly thought. The oldest known transaction, in terms of actual features similar to an option […]
Annual inflation in the Eurozone has surged to its highest levels since 2013. Having already hit 1.1% in December 2017, it has now jumped to 1.8% in January 2017, according to Eurostat. Despite the consumer price growth acceleration, the European Central Bank insists that the aggressive monetary stimulus must continue. Draghi’ s attention is focused on […]
Against all odds, in this year’s French presidential election the candidate for the center-right party Les Replublicien is François Fillon, former prime minister under Sarkozy. The admiration of Mr. Fillon for Margaret Thatcher isn’t a secret, and his economic program is clearly inspired by neoliberalism. One of Mr. Fillon’s main promise is to eliminate the […]
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