After Dubai, now Greece?

By: Wolfgang Münchau

The EU will not come to the rescue unless Papandreou does the opposite of what he promised.

The MiFID Directive - This is Briefingnote is presented by EurActiv

The MiFID, a cornerstone of the Financial Services Action Plan, was proposed in November 2002 to update the existing Investment Services Directive (ISD) of 1993. It was designed to cope with, and to further enable, the increased level of cross-border investment transactions, which had shown an annual increase of 20-25% in the years from 1996.

Towards $1.50?

Like it or not, there will either be an exchange rate policy, or interest rates cuts, or both.

When financial results are signifying nothing

The Q3 financial results of the investment banks tell us a lot about the industry - but not about how bad this crisis is going to be.

A response to Alan

We should not let the Federal Reserve off the hook.

Another Landesbank bites the dust

It is no accident that the German banking crisis effects only public-sector financial institutions. They are the rotten core of the country's economic system.

Is Sarkozy winning?

Germany should come up with its own plans for policy coordination. Otherwise, Sarkozy is going to win this debate.

What about Core Europe?

The Treaty marks and masks the growing division of Europe. Core Europe has always been an inevitability, the only question was how it would come about.