Archive for June 13th, 2019

Undermining central bank independence: Case of Austria

June 13, 2019

Small European countries is where the action is. This blog has pointed cases of how governments are trying to undermine central bank independence in Cyprus, Slovenia and now Austria.

In Austria, the Government wants to take the bank supervision powers away from the central bank to Financial Market Authority:

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100 years of Treaty of Versailles: Lessons for today?

June 13, 2019

The treaty was signed on June 29, 2019 and ended World War – 1.

Barry Eichengreen in this piece says the treaty led to inward orientation, a strategy which backfired eventually.

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