vendredi 16 décembre 2011

EU : Is the eurozone in need of small politics? (recommended reading below)

Just to make sure everyone's talking about the same thing.
  1. The Recommendation and final results of bank recapitalisation plan will be published by the European Banking Authority (EBA) on 8th December 2011.
    CLICK HERE FOR RESULTS
  2. Markit News: Biggest Credit Movers (Go to G7 Industrialised Countries CDS page 3 - Here)
After reading the documents, let's put it that way, there is more in a sovereign rating than just the daily facts and numbers.
  • The level of the GDP taxation plays a key role in eroding anyone's ability to improve the public finances.
Will a war of words over who's worse off help the eurozone solve the lack of fiscal responsability of some of its members? Can pointing fingers at this one or another help to avoid a long overdue national conversation over public spending, GDP taxation, Small Nations funding and Rights? 


  • The Government has the political will and credit to slash public spending in a stable political environment.
  • Investor's fear of political turmoil or social unrest is low
  • Investments enjoy a secured fiscal and political spot
  • The ability to unite and resiliency in tough times do play a role in the investor's choice.
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