Recently, the USD lost 3 % vs the EUR in a single day. In forex markets, such a move is an earthquake, the biggest drop in 7 years. If you wondered, why the EUR became so strong that day, thanks to the net you could choose between hundreds of sites and read about it – free of charge. But I …
Read More »
After Lehman Brothers in the US, Northern Rock in the UK and the EuroZone debt crisis, the ‘deposit guarantee scheme’ (DGS) in the EU was improved to boost the saver’s confidence in the banking sector. What is the level of deposit protection in the EU? From the initial 20’000 EUR, the protection was first increased to 50’000 EUR in 2009 …
Read More »
For many people in my generation between 40 and 50, the term ‘Less Than Zero’ stands not only for low temperatures, but for the culture of decadence of the wealthy youth in Los Angeles in the middle of the 80’s, as shown in the (depressing) movie with this title. This is going to change – and the term ‘Less Than …
Read More »
In Romania, between 2002 and 2007, the median price for an communist-era apartment rose by a factor of 10 (that’s plus 1000% !!) from 10’000 EUR to 100’000 EUR. For some modern apartments in central Bucharest, prices rose above levels of cities like Berlin or Paris. In 2007, I just arrived as a foreigner in this country. Thanks to the …
Read More »
TheLeader Business, Economy, Stock Market, Management
