Greek election marred as votes grapple with living expenses
Niki Klaoudatou, who is just one parent, claims that she now is more anxious about money than she was during the weakest years of the nation’s economic collapse, 14 years after a severe debt crisis that nearly caused Greece to tumble out of the euro. Voters’ top concerns prior to the election on May 21 centre on the rate-of-living crisis […]
Glimpse at Japan’s election, inflation fears and bank decisions
Japan’s Prime Minister Fumio Kishida is preparing for the upper house elections scheduled to commence on Sunday, and it is hinted that the ruling Liberal Democratic Party (LDP) will emerge victorious—although not many citizens eagerly look forward to this hypothetical outcome. If the LDP take home majority votes, as noted from polls taken in recent […]
Italy’s problem bank casts shadow over Draghi’s summer break
When Italian Prime Minister Mario Draghi returns from his brief summer break one of the thorniest items on his to do list will be finally fixing the woes of the world’s oldest bank, Monte dei Paschi di Siena. The Tuscan lender’s decline has tarnished Draghi’s record ever since 2008 when, as Bank of Italy chief, he approved its […]