English Section

18 februarie,
Two-speed Financial Union, the project of the major European economies

Two-speed Financial Union, the project of the major European economies

George MarinescuEnglish Section / 18 februarie

Six European countries - Germany, France, Italy, Spain, the Netherlands and Poland - have begun the process of creating the Capital Markets Union, an initiative that would divide the EU in two on this issue, meaning that we will have a two-speed Union to regain lost ground in global economic competition, an idea that gained traction following the informal meeting of the European Council held last Thursday in Belgium.

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US Military Spending - Long-Term Upward Trajectory

US Military Spending - Long-Term Upward Trajectory

V.R.English Section / 17 februarie

US defense spending has gone through several cycles since 1997, but the long-term trajectory is upward, according to visualcapitalist.com, which has compiled a ranking of these expenditures, based on official data, showing how the amounts have...

Was Romania right not to join the euro area?

Florian GoldsteinEnglish Section / 11 februarie

Romania is no longer joining a monetary union that promised cheap and unified capital, but rather a structure where the cost of financing is immediately indexed to its own lack of fiscal discipline and institutional weakness.

What Croatia and Bulgaria Show Us

What Croatia and Bulgaria Show Us

F.G.English Section / 11 februarie

The adoption of the euro in Croatia and Bulgaria offers, for the first time since the sovereign debt crisis, a relevant test of how the euro area functions in a fragmented world.

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