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Regime Uncertainty, the Balkans and the weak US recovery
Today I have been in Oslo, Norway for client meetings. The topic on the agenda is Central and Eastern Europe and particularly the investment climate in South Eastern Europe. That gives me reason to...
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The Bulgarian government collapses – tight money and a negative supply shock...
This is from Reuters: Bulgaria’s government resigned on Wednesday after violent nationwide protests against high electricity prices, joining a long list of European administrations felled by austerity...
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The Euro – A Monetary Strangulation Mechanism
In my previous post I claimed that the ‘Greek crisis’ essentially is not about Greece, but rather that the crisis is a symptom of a bigger problem namely the euro itself. Furthermore, I claimed that...
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