From the periphery to the core

Via @FT, Euro crisis is still not over. Full piece is here (it might require registration). When I asked one of Europe’s most influential economic policy makers recently whether the euro crisis really is over, he replied: “No, it’s just moving from the periphery to the core.” The argument is that while worries about Portugal,…

(What I see) Getting around Milan

Walking in Milan and getting around doesn’t give me the perception of a city re-born after a 7-years long economic depression. I still see shops closing in areas where it was unthinkable to shut down until a few years ago (BAires). Shops in the centre are half-empty during once busy weekends. Food stores relentlessly lower…

Argentina is no danger to the world – but the eurozone is

Jeremy Warner on the Telegraph puts things in the right perspective in his latest article on the Telegraph. Yet there is one region which seems, perversely, to be drawing comfort from the latest turn of events – the eurozone. For the high priests of the single currency, the renewed travails of Argentina and Turkey seem…

Yes, it’s over

Do not worry – the crisis in Italy is over. Dramma della povertà a San Donato: sorto un mini accampamento di senzatetto sotto il ponte di… http://t.co/HeLoM3jHVo — 7giorni (@7giorni) January 7, 2014