Immigrant investor visas: Millions of millionaires

As I watched the BBC reports on the “Economic Immigrants” (Econogrants) deluging the EU this summer and early fall, I wondered about the strain...

Few signs of fiscal reform

The document designed to restrain fiscal abuses of the past that contributed to the flaring up of the sovereign debt crisis in the euro area “periphery” in 2010-2012 remains little more than a paper promise: Europe’s public debts continue to climb and the hopes of sustained and real reforms of the fiscal space are fading.


Healthier euro periphery

In mid-2010 the Greece debt crisis exposed deficiencies of the EU political system and cast a shadow on its Balkan neighbours. The cost of insuring Bulgarian, Romania and Hungarian debt against default rose due to “concerns about possible contagion of problems in the eurozone area”...
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