Central Banks manipulate the price of money using several different tactics for controlling interest rates. One of those mechanisms is buying assets like bonds. The last easing program that the Federal Reserve conducted ended in Oct. of 2014. Even though interest rates are still at a record low in the United States, the effects of […]

A few days before the beginning of August vacations, the center-left government of Italy, lead by Matteo Renzi, announced reforms and investments to lunch the economic take off of the regions of the south after long years of stagnation. Following the meeting of the PD party (democratic Party), held on the 7th of august, the […]

In a few hours Greece will be heading to the polls to answer the question, “Should the plan of agreement, which was submitted by the European Commission, the European Central Bank and the International Monetary Fund in the Eurogroup of 25.06.2015 and is comprised of two parts that constitute their unified proposal, be accepted?” The […]

The clock is ticking on the Greek debt agreement, and the smell of impending default fills the air. The Financial Times reported on Monday that the Greek government is prepared to forego €2.5 billion worth of payments due to the IMF in the next couple months, effectively plunging the nation into default. The southern European […]