What would Prime Minister Corbyn mean for financial centers?

The unlikely happened (as it so often does). Jeremy Corbyn, the 100-1 outsider and far-left candidate, won an election in September to become leader...

Portugal and life beyond the budget

President of the Republic Jorge Sampaio famously proclaimed that “there was life beyond the budget.” He was taking a jab at what were being perceived as unrepeatable budgetary measures exclusively designed to meet the strict numeric constraints imposed by Europe’s idea of monetary union regulation:

 

 

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”...