Tag Archives: Anne Seith

DerSpiegel – Anne Seith – ‘A Toxic System’: Why Austerity Still Isn’t Working In Greece – 9 July 2013

https://i2.wp.com/cdn1.spiegel.de/images/image-518690-breitwandaufmacher-pptz.jpgDespite drastic austerity measures, a new Greek debt haircut looks unavoidable. The old system has proven resistant to reform and billions in emergency aid hasn’t been enough to turn things around.

After making a lot of money manufacturing swimming pools, Stelios Stavridis has redirected his entrepreneurial talents toward saving his country.

The 66-year-old Greek business executive with aristocratic features recently became the head of the country’s privatization agency, which has been charged with selling off hundreds of government-owned real estate, companies, marinas and airports.

Read the whole story : www.spiegel.de/ link to original article

Anne Seith – A More Perfect Union – Bank Oversight Plans May Threaten ECB Independence – 9 July 2012

At the last European Union summit, leaders agreed to establish a banking oversight authority. It remains unclear, however, what such a system might look like. The European Central Bank is to play a role, but can it maintain its independence? Continue reading