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Europe Daily Bulletin No. 9747

25 September 2008
Contents Publication in full By article 1 / 25
A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Any assessment of the financial crisis must take account of its positive side

Abuses of “creative finance”. The EU is calling for better management of the world financial system (see following pages). Domestically, consensus is forming. Statements that the over-valuation of the euro was the cause of all the evils and that checking inflation should not be a priority are no longer taken seriously. If one ignores a handful of populists, it is generally accepted that inflation is the most unfair of taxes because it hits the poor far more than the rich, and is the main...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS