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Tag Archives: Jean-Claude Juncker

Why the European Recovery Plan Will Likely Fail

The €750 billion stimulus plan announced by the European Commission has been greeted by many macroeconomic analysts and investment banks with euphoria. However, we must be cautious. Why? Many would argue that a swift and decisive response to the crisis with an injection of liquidity that avoids a financial collapse and a strong fiscal impulse that cements the recovery are overwhelmingly positive measures. But history and experience tell us that the risk of...

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What Really Happened In Europe

The primary example of globally synchronized growth has been Europe. Nowhere has more hope been attached to shifting fortunes. The Continent, buoyed by the persistence of central bankers like Mario Draghi, has not just accelerated it is actually booming. Or so they say. Last September, politicians were lining up to confidently declare as much, often deploying that specific word. When Jean-Claude Juncker gave his annual...

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Juncker und der Euro

Verfehlte mit seiner Euro-Ausweitungs-Forderung den Nerv der Zeit: EU-Kommissionspräsident Jean-Claude Juncker. (Foto: Reuters / Christian Hartmann) Die Rede von Jean-Claude Juncker zur «Lage der Union» hat in der Öffentlichkeit wenig Zustimmung erhalten. Vor allem seine Aussage, der Euro müsse als Vehikel der Einigung auf alle Länder ausgeweitet werden, stiess auf grosse Skepsis. Juncker sagte Folgendes: Wenn wir wollen, dass der Euro unseren Kontinent mehr eint als spaltet, dann sollte...

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FX Daily, February 23: Dollar Chops About, as “Fairly Soon” Does not Mean mid-March

Swiss Franc EUR/CHF - Euro Swiss Franc, February 23(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a free run towards the triggering of Article 50 due to take place during March. This helped the Pound to hit its best rate to buy Swiss Francs in 2017 creating some...

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Brexit brings specter of common EU tax plan, and bodes poorly for Switzerland’s immigration negotiation

© Dreamshot | Dreamstime.com - Click to enlarge Ireland is facing another tax battle with the European Union and this time it will have to fight its own corner. Less than two months after the European Union ordered Ireland to claw back a record 13 billion euros ($14.2 billion) from Apple Inc., saying the nation illegally allowed the iPhone maker to reduce its tax rate, the European Commission will propose legislation...

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Juncker eyes Swiss-specific EU immigration deal despite Brexit

European Commission President Jean-Claude Juncker said he was aiming to solve a two-year-old dispute with Switzerland over immigration in a country-specific manner even in the wake of Brexit. © Mykhaylo Palinchak | Dreamstime.com The Swiss government has been at pains to implement restrictions on European Union newcomers decided upon in a 2014 referendum without annulling an economically important set of treaties with...

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Who Is The “European Movement” And Why The Answer May Change How You Vote On “Brexit”

Werner’s main points: The “EU Movement” has been created by the US Government and their secret services in order centralise their influence over Europe. Big business, banks, central banks and the IMF want to excercise their power through unelected officials. The free trade area with the EU is beneficial and will surely be maintained, even in the Brexit case. The election outcome is not so clear as it seems to the...

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