Search Results for: Bank of Greece
State or Individual?
July 20th, 2018
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over the individual or the individual over the state? It is particularly relevant today, bearing ...
Business investment rate up to 23.1% in the euro area
July 5th, 2018
In the first quarter of 2018, the business investment rate was 23.1% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.6% in the first quarter of 2018, ...
The Gently Rotting Debt-Ridden EU
June 8th, 2018
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principal is the state is superior to its people. A system of government ...
Italian vote, trade concern darken Europe’s economic outlook
March 7th, 2018
For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis management and a lack of confidence. But on Monday, the ...
Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments
January 16th, 2018
Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose. Unfortunately, many are getting swept up in ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Gold, Goldmoney and Menē
November 3rd, 2017
Gold, ornamentation and money: that was the sequence of events. Man discovered gold, found it malleable, durable and attractive. It was first used for ornamentation, then as social economics evolved into the division of labour, its value as ornamentation ...
Household real income per capita up in the euro area and in the EU28
November 2nd, 2017
In the euro area, in real terms, household income per capita increased by 0.7% in the second quarter of 2017, after an increase of 0.1% in the previous quarter. Household real consumption per capita increased by 0.6% in the ...
Business investment rate up to 23.2% in the euro area
October 6th, 2017
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
