FinancialGuy Writes!

Your author attended a policy event in the European Parliament this week. This one stood out for me for some of the wrong reasons. Firstly, I understand that many events of this nature need a sponsor and that said sponsor is hoping to have their policy issue debated and get their point across. Roger that.… » read more

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This week saw FinancialGuy fly in to Brussels to attend the 2011 TEDxBrussels event, held in Bozar. Honestly, the event was excellent and well worth the effort and costs of travel. I can’t lie, there were a number of speakers that seemed desparate to discuss the exact same topic, “singularity”. Most of the attendees I… » read more

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European Voice has recently produced a briefing document about Europe’s innovation policy. Titled “Innovation in Europe“, it really is an excellent beginners guide to what this oh-so-important policy area is all about. (It was actually released in print several weeks ago, but I have been waiting for it to land on their website before I… » read more

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Those that know me personally will likely have heard me say that economically the euro is a bad idea and everything will go wrong eventually. I have been saying it for years. Luckily for me, I have never been pressed with a question such as, “How will it go wrong?”. Something tells me that, “A… » read more

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After all that, €1 trillion euros buys a Greek referendum? Is that really the breathing space the world was hoping for? It seems difficult to describe this as anything less than a calamity for the EU, the Euro and especially for Greece. What sort of question should be put to the Greek voters? Do you… » read more

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Today’s Digital Agenda Summit from The Lisbon Council proved to be both an eye opener and perplexing. As someone with an above average understanding of digital issues it was a real worry just how much more complex the main issue being discussed really is than I had realised. What is that issue? Data management and… » read more

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As someone with a more than passing interest and knowledge in politics, policy, finance and markets, I am less than convinced about the idea of greater fiscal integration amongst EU or eurozone countries. This lack of personal support might be because I am British and we are pretty much born and bred eurosceptics. Or it… » read more

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If you are one of my regular readers that is interested in EU innovation policy, I would like to draw your attention to an article in last week’s Economist (Start me up August 6th 2011). The article is actually about Britain rather than the EU, but I think that if the word ‘Britain’ was substituted… » read more

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With yet another summit about the debt crisis looming, is there any hope? A quick scan of the news this morning shows multiple media quoting French Finance Minister Francois Baroin as saying that Europe needs to send a “strong message” about Greece and the Euro. Is that it? A strong message??? The time for a… » read more

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On Wednesday this week, the Brussels based Lisbon Council hosted an event about IP and copyright laws titled, “How the Intellectual Property Framework Supports Innovation and Growth“. Your author has been doing a lot of reading about these topics in recent weeks and found this to be another very interesting event from the Lisbon Council.… » read more

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FinancialGuy is currently reading Talleyrand, a biography of the French statesman by Robin Harris. I’m not far in yet, so this isn’t a book review. Instead, I would like to share a paragraph that seems oh-so relevant during the current fiscal hurricane that we are living through. It relates to a speech, arguably the start… » read more

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Regular readers will know that FinancialGuy has a “bee in his bonnet” about the Innovation Union. This is largely caused by a sense of despair. It seems clear that for Europe to build the economy that we need to see, an economy that can pull us from the fiscal crisis, much more needs to be… » read more

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Those that know FinancialGuy personally know that I have recently moved myself south towards the sun, in Malta. While Malta is clearly very keen on it’s European-ness, there are obviously less events for someone like me to attend. So when they do come along, I am keen to be invited. Yesterday saw a meeting of… » read more

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The following quote is taken from the start the book, “This Time Is Different: Eight Centuries Of Financial Folly” by Reinhart and Rogoff: “The essence of the this-time-is-different syndrome is simple. It is rooted in the firmly held belief that financial crises are things that happen to other people in other countries at other times;… » read more

Posted by financialguy

I have written in this blog on many occassions in the past that most financial markets do not need much new legislation. Instead, they need much better enforcement and stronger actual penalties when offenders are convicted under the existing rules. I know that there are aspects to financial markets that really do need legislation, I… » read more

Posted by financialguy