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Showing posts with the label ECB

HOPE

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H elp O n " P oor" E urope Because the ECB, the IMF, the European commission and the European council refused to cooperate with the countries that are complying with the restructuring plans, helping them to achieve success, concerning: 1) Providing economic support. A country can not reform their state institutions and their policy, deleverage their financial institutions, change their growth matrix and at the same time, support the "new" economy and support the ones that will be damaged by the restructuring process. 2) Low interest rates for the European economy. The lower interest rates were only used and applied to help banks. The cheap money didn't arrived to the companies and organizations. 3) Create Economic support programs, to be available directly to the European companies. The institutions mentioned above, they worked to support the European banks, but failed completely on the support side of the economy. Finance should support the econo...