Open Europe Blog

Archives for

ECB blues

The Open Europe team has spent a couple of weeks delved into the books of the European Central Bank. Trying to get to the bottom of what’s actually on the ECB’s books is a bit of a mission, given that the institution is so opaque that it would probably…

Posted by Open Europe blog team

Party pooper?

The long awaited tenth birthday of the euro is almost upon us, as January 2012 will mark 10 years since the introduction of euro banknotes and coins. For some it’s a dream come true, but for others, it certainly won’t be time to celebrate.The euro,…

Posted by Open Europe blog team

He’s back

Negotiations over who will take part in the next Finnish government have proven sticky. Six weeks after the elections, a deal still hasn’t been struck, meaning that Finland is still stuck with a caretaker government. The negotiations have now entered…

Posted by Open Europe blog team

As we noted yesterday, EU-IMF mandated austerity is beinging things close to boiling point on the streets of Athens.Portuguese sources are reporting this morning that Chairman of the EuroGroup Jean-Claude Juncker has received “death threats” from Greec…

Posted by Open Europe blog team

According to some reports, between 80,000 and 100,000 people took to the streets of Athens yesterday in the 12th day of protests against the government’s ongoing austerity drive, as dictated by the EU and the IMF.Crowds have pledged to continue prote…

Posted by Open Europe blog team

We learn from Bloomberg that Mario Draghi will effectively face a 50% pay cut when he takes over the ECB Presidency from Jean-Claude Trichet in November. In fact, as the Governor of the Italian Central Bank, in 2010 he earned almost €758,000, while t…

Posted by Open Europe blog team