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Running scared….

As we’re sure you’ve noticed, things are heating up in the eurozone (well going supernova now) with fears spreading to Spain and more crucially Italy. As we noted earlier, the Italian and Spanish cost of borrowing has been skyrocketing and bond pri…

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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…

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Bild, Germany’s largest newspaper, yesterday came out in support of Mario Draghi’s candidacy for the role of ECB President, proclaiming him to be a “Honorary German Citizen”.Clearly they don’t do things by halves…In February Bild screamed “…

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A two-speed EU patent

EU ministers and MEPs have done something very sensible: agreed on an EU-wide patent.According to the Commission, obtaining a patent protection for all member states in the EU is currently around 15 times more expensive than obtaining patent protectio…

Posted by Open Europe blog team