European Finance & Economy
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John Kay - Corporate tax should be fair and shared

John Kay - Corporate tax should be fair and shared | European Finance & Economy | Scoop.it
Many multinational companies that appear to be operating successfully in Britain pay little or no corporation tax in this country. It is not difficult to understand why ordinary people on wages and salaries, and small British companies that pay tax at the normal rate on their profits, are angry. The origin of the problem is simpler to describe than to address. If a business operates in many countries, and makes a profit, in which country is the profit earned?
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SocGen Has Put Together Ultimate Presentation On Markets, Economics, And What Will Happen In 2013

SocGen Has Put Together Ultimate Presentation On Markets, Economics, And What Will Happen In 2013 | European Finance & Economy | Scoop.it
European assets strike back....
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Supply and Demand (in that order): Myth: Constant Marginal Tax Rates in Europe

One of the myths (perpetuated here and here) about the labor market since 2007 is that marginal tax rates...
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HOUSE OF THE DAY: Buy A Manor In Southwest France For Under $1 Million

HOUSE OF THE DAY: Buy A Manor In Southwest France For Under $1 Million | European Finance & Economy | Scoop.it
Explore the countryside....
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Marc to Market: Buy Rumor+Sell Fact=Turnaround Tuesday

Marc to Market: Buy Rumor+Sell Fact=Turnaround Tuesday | European Finance & Economy | Scoop.it

News that a deal was finally struck to ensure Greece can repay its largely official creditors saw the euro test the $1.3010 area twice in Asia before Europe took profits, knocking the euro below $1.2940.


The euro has now traded on both sides of Monday's range and a close below yesterday's low (~$1.2944) would undermine the technical tone. It would signal potential for...

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Open Europe blog: Insanity is doing the same thing over and over again, but expecting different results...

Open Europe blog: Insanity is doing the same thing over and over again, but expecting different results... | European Finance & Economy | Scoop.it

ollowing the collapse of talks on the draft 2013 EU budget (this was prior to last week's talks on the long-term EU budget), the European Commission was sent back to the drawing board and asked to...

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The Economic Cost of High Bond Yields | Economics Blog

The Economic Cost of High Bond Yields | Economics Blog | European Finance & Economy | Scoop.it

This graph showing changes in primary balances shows how countries in the Eurozone have pursued fiscal tightening (spending cuts and tax increases) to reduce their budget deficits. Excluding interest payments, many now have a primary budget surplus.

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Testosterone Pit - Home - “The Euro Will Blow Up Europe Instead Of Bringing It Together”

Testosterone Pit - Home - “The Euro Will Blow Up Europe Instead Of Bringing It Together” | European Finance & Economy | Scoop.it
“I cannot be disillusioned because I no longer have any illusions about Europe,&rdqu...
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Funny Money; Alternative Local Currencies In Europe

Funny Money; Alternative Local Currencies In Europe | European Finance & Economy | Scoop.it
Alternative local currencies in Europe: money must be funny | From London to Athens via Parma, Europe is gripped by a sort of monetary euphoria. Everyone wants to create their own currency! Is it a direct challenge to eurocrats?

Via jean lievens
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Dr. Ed's Blog: Germany

Dr. Ed's Blog: Germany | European Finance & Economy | Scoop.it

Friday’s 1.3% rally in the S&P 500 (along with comparable jumps in other stock markets around the world) was triggered by good news out of Germany. The Ifo economic institute's closely watched business climate index rose to 101.4 in November from 100.0 a month earlier. That’s after falling for six months amid the euro zone's debt crisis. It defied expectations of a...

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Canada's Carney to become Bank of England governor - Central Bank News

The U.K. government has appointed Mark Carney, the highly-regarded governor of the Bank of Canada (BOC), as the next governor of the Bank of England (BOE), surprising commentators that had put their money on Paul Tucker to replace Sir Mervyn King on July 1, 2013.
Tucker, deputy governor at the BOE, had...

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Global climate talks: If at the 17th you don’t succeed | vox

Global climate talks: If at the 17th you don’t succeed | vox | European Finance & Economy | Scoop.it

The 18th UN Conference on climate change negotiations has just started in Doha. This column suggests that the probability of success is a mere is a 2.3%. Recently, over $100 million per year was spent on fruitless negotiations. Having flogged, ever harder for 18 years, the dead horse of legally binding emission targets, the UN should close that chapter and try something new.

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Trust Your Instincts: Spain's retail customers whacked under unnecessary bank bailout

As the final terms of the bailout of Spain's nationalized banks become known, it is clear that the retail customers who were duped into buying hybrid securities in these banks are going to take a sizable loss.

My question is why are they being forced to take a loss?
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Supply and Demand (in that order): A Time for More Nations

Catalonia, which includes Barcelona, has long been a part of Spain, but its peaceful residents increasingly talk about being an independent country again. In elections over the weekend, where independence was one of the most...
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Fiscal austerity is self-defeating | Bill Mitchell – billy blog

Fiscal austerity is self-defeating | Bill Mitchell – billy blog | European Finance & Economy | Scoop.it
The British Office of National Statistics published the latest National Accounts data for the third-quarter 2012 yesterday, which showed a modest burst of growth, consumer driven via the Olympic Games. It is a temporary spike in a downward trend. I will consider the growth data another day. It follows the release last week (November 21, 2012) of...
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French Unemployment at 14-year High

French Unemployment at 14-year High | European Finance & Economy | Scoop.it
Source: Thinkstock


A stalled French economy continues to bleed jobs as another 45,100 job seekers joined the nearly 3.1 million French citizens already looking for work in October.

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Capitalists@Work: 25% VAT?

Capitalists@Work: 25% VAT? | European Finance & Economy | Scoop.it

OK, Daily Mail scare story is certainly is - however this is also the considered response from the Institute of Fiscal Studies as to what to do about the growing hole in the UK's already holed budget.


Rather worryingly they seem to...

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Marc to Market: Quick Thoughts on Carney's Move to the BOE

Marc to Market: Quick Thoughts on Carney's Move to the BOE | European Finance & Economy | Scoop.it

The UK surprised many by naming Bank of Canada Governor Mark Carney to replace Meryn King as the head of the Bank of England.


Immediately pundits weighed in. Some saying this was...

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Cameron's war on Brussels fat cats: the facts - Public Service Europe

Cameron's war on Brussels fat cats: the facts - Public Service Europe | European Finance & Economy | Scoop.it
In negotiations on the EU's future spending, the British prime minister has targeted administration costs such as the pay and perks of Brussels bureaucrats as ripe for cuts – so our secret columnist injects some facts into the debate...
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Greek bailout deal is a classic fudge – but should work for now

Greek bailout deal is a classic fudge – but should work for now | European Finance & Economy | Scoop.it
Greece now looks to have the finance to keep it solvent until 2014.
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Greece Kicks The Can For The Third Time - SocGen's Take: "More Will Be Needed" | ZeroHedge

Greece Kicks The Can For The Third Time - SocGen's Take: "More Will Be Needed" | ZeroHedge | European Finance & Economy | Scoop.it
It took the charming three tries for Greece to get its third "bailout", which incidentally does not bail out anyone except the hedge funds who went long GGBs because the only actual winners resulting from yesterday's transaction - those benefiting...
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Greece Got A New Deal Last Night — Here's Everything You Need To Know

Greece Got A New Deal Last Night — Here's Everything You Need To Know | European Finance & Economy | Scoop.it
"World record can-kicking attempt successfully achieved."...
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Is a Greek bond buyback really as daft as some economists suggest?

Is a Greek bond buyback really as daft as some economists suggest? | European Finance & Economy | Scoop.it
European leaders are toying with the idea of  buying back Greek debt on the market. At first sight, the idea might look charmful: Greek bonds are currently being traded with huge discounts. If you ...
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GDP per Hours Worked v GDP per Capita | Economics Blog

GDP per Hours Worked v GDP per Capita | Economics Blog | European Finance & Economy | Scoop.it

Readers Question: Which is more useful for determining living standards – GDP/capita and GDP/working hour

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