Christopher Caldwell, senior editor of neocon house journal the Weekly Standard, once wrote a six-page feature in the New York Times magazine in which he claimed that Robert Kilroy-Silk would “transform European politics”. Despite this, he is still taken seriously by some people; disturbingly, this includes the editors of the Financial Times. In his column [...]
I don’t know if one day when historians come to examine what exactly happened (or should I say what went wrong) with the EU they will be able to identify that defining moment, the decisive hour, when everything went sailing down the river. If they are so able I wouldn’t mind a quick bet that [...]
Well, well, what do you know: Paramalat’s real debt is much bigger than was first thought. What a surprise. According to the Financial Times Parmalat’s gross debt now stands between ?14.5bn and ?14.8bn ($18.08bn-$18.46bn). At the same time its main Italian operations barely made a gross operating profit last year. Meantime Italy’s unions are [...]
Feed: A Fistful of Euros