European Reflation: All that Glitters ain’ t Gold

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 […]

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Brexit: to be or not to be together?

Few weeks ago, after a protracted period of renegotiation of UK’ s status as European member, the Prime Minister David Cameron has announced that the country is set to have a referendum on June 23rd. He said “We are approaching one of the biggest decisions this country will face in our lifetimes: whether to remain […]

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What future for ILVA?

  Ilva, the third-largest steel producer in the EU, is a 100 year-old Italian industrial concern whose post-war history has been marked by cycles of expansions, near-bankruptcy,  public ownership, privatisation and, recently, near-collapse.   A  year ago, the Italian government took the control of the Ilva plant in Taranto after a court sequestered  sections of it […]

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Volkswagen: the scandal explained

  On Sunday 20th of September, the world’ second largest carmaker Volkswagen admitted cheating diesel emissions tests in the US: indeed, according to the Environmental Protection Agency (EPA), several cars sold in America were equipped with software in diesel engines that could detect if tests on the implicated vehicles were being run, adjusting gas emission […]

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