ECB - Fire of Europe

The second European debt crisis has begun

By Midas van Dijk June 20, 2022ECBNo Comments

Last Wednesday the second European debt crisis began when the announcement of an increase in the interest rate immediately put the Italian government in danger and necessitated a retreat. Read all about it at Fire of Europe.

ECB cannot escape history

By Midas van Dijk June 14, 2022ECB2 Comments

To fully understand the impending ECB rate hike, it is good to see it within its historical context. To increase understanding I propose we look at the events of the 1970s as well as those of 2011.

In a time of doom and gloom, the digital Euro is coming to save the day

By Midas van Dijk May 20, 2022ECB2 Comments

Are you feeling down about the economy? Fear not, the financial wizards in Frankfurt are working on an innovative solution.

ECB intervenes in Cyprus

By Midas van Dijk April 4, 2022Cyprus, ECB, Energy Policy1 Comment

On the 24th of March the European Central Bank (ECB) intervened to restrict all business of RCB Bank and oversee the transfer of its assets to the competing Hellenic Bank.…

The Dangerous Hubris of Christine Lagarde

By Midas van Dijk October 22, 2021ECBNo Comments

Last week, on the 16th of October, European Central Bank chief Christine Lagarde gave a speech for her former organization, the International Monetary Fund. The topic was the future of…

ECB policy shift skillfully executed

By Midas van Dijk September 10, 2021ECBNo Comments

Christine Lagarde, President of the European Central Bank Followers of monetary policy will know that the recent expansion of the money supply in the Eurozone and elsewhere is unprecedented. To…