France on a budget

By Mike Peacock
September 25, 2013

The French 2014 budget will be presented in full today with the government seeking to reassure voters with a plan that makes the bulk of savings through curbs in spending, having relied more heavily on tax increases so far.

Back from the brink

By Mike Peacock
September 19, 2013

Pulling back from the brink. The Federal Reserve certainly has and so has Silvio Berlusconi (so far).

Euro chat resumes

By Mike Peacock
September 13, 2013

After the summer lull, euro zone and EU finance ministers meet in Lithuania. The “informal Ecofin” can often be quite a big deal but with German elections only nine days away, it’s hard to see that being the case this time.

Italian market test

By Mike Peacock
September 12, 2013

Italy will auction three different bonds, aiming to raise 7.5 billion euros against a volatile domestic backdrop.

UK unemployment — the monthly monetary policy guide

By Mike Peacock
September 11, 2013

Of the week’s economic data, today’s UK unemployment stands out since the Bank of England has pegged any move up in interest rates to a fall in the unemployment rate from 7.8 percent to below 7.0. The rate is forecast to have held at 7.8 percent in July.

Norway shifts tack

By Mike Peacock
September 10, 2013

Norway’s centre-right swept to power last night, ousting a centre-left government that couldn’t capitalize on a solidly performing economy which escaped the world financial crisis largely unscathed (uncanny echoes of Australia’s weekend election here). The popular feeling seems to have been that a decade of strong growth was wasted and is now slowing.

Italy’s High Noon

By Mike Peacock
September 9, 2013

Silvio Berlusconi’s political future – upon which both Italian and euro zone stability rest to varying degrees – is up for debate when a Senate committee meets on Monday to begin discussions that could end with formal procedures to expel him from the Senate. Talks could last for days.

For markets, non-farms eclipse G20

By Mike Peacock
September 6, 2013

The G20 will wrap up with entrenched positions on Syria and a little more entente over the emerging market turmoil prompted by the Federal Reserve’s impending move to slow the pace of its dollar creation programme.

An Italian bullet dodged, but more in the chamber

By Mike Peacock
August 29, 2013

Italy will sell up to six billion euros of five- and 10-year bonds at a somewhat inauspicious time.

Italy housing tax showdown

By Mike Peacock
August 28, 2013

 

Italy’s fraying coalition cabinet meets to discuss what to do with a property tax imposed by previous premier Mario Monti.