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As was made evident by the internal memo about the EU financial transaction tax (FTT) – that we exclusively published yesterday – there are plenty of concerns amongst the supposed champions of the idea. Today, another heavyweight institution raised the…

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Yesterday, the ECB released its first survey on household wealth, which produced some surprising results – not least that Germany (on paper) seems to have one of the lowest levels of median wealth, below that of bailed out countries such as Cyprus an…

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Usually technical meetings behind closed doors in Brussels are pretty dull. However, judging by some of the reports floating around, yesterday’s meeting of the EU Committee of Permanent Representatives (COREPER) may have bucked the trend somewhat. Th…

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As we have noted at length, the capital controls are a key part of the Cypriot deal and could have a huge bearing on how and when Cyprus recovers from this crisis. Unfortunately, as with almost all important eurozone decisions, this one lacks clarity. …

Posted by Open Europe blog team