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Krugman Slamming Riksbank Fuels Deflation Anxiety: Nordic Credit

Krugman Slamming Riksbank Fuels Deflation Anxiety: Nordic Credit By Veronica Ek Apr 23, 2014 The Riksbank, the world’s oldest central bank, has become a sadist in its use of monetary policy, according to Nobel Laureate Paul Krugman. He says the Stockholm-based central bank’s bias toward tight policy during the financial crisis was ….” http://www.bloomberg.com/news/2014-04-23/krugman-slamming-riksbank-fuels-deflation-anxiety-nordic-credit.html

Krugman Slamming Riksbank Fuels Deflation Anxiety: Nordic Credit

Krugman Slamming Riksbank Fuels Deflation Anxiety: Nordic Credit By Veronica Ek Apr 23, 2014 The Riksbank, the world’s oldest central bank, has become a sadist in its use of monetary policy, according to Nobel Laureate Paul Krugman. He says the Stockholm-based central bank’s bias toward tight policy during the financial crisis was ….” http://www.bloomberg.com/news/2014-04-23/krugman-slamming-riksbank-fuels-deflation-anxiety-nordic-credit.html

Sweden a classic case of sadomonetarism in action

Sweden a classic case of sadomonetarism in action Country went from being a role model for recovery to the Nordic Japan Paul Krugman | Tue, Apr 22, 2014 Three years ago Sweden was regarded as a role model in how to deal with a global crisis. The nation’s exports were hit hard by slumping world… Continue Reading

Iceland’s banks to come back from the dead

Iceland’s banks to come back from the dead Thu Apr 17, 2014 | By Aimee Donnellan LONDON, April 17 (IFR) – Iceland’s Arion Banki is to provide an even greater test of investor appetite for risky banks than recent deals from Greece as it plots its first wholesale market funding in a major currency in… Continue Reading

Nordic bank regulators closer to mortgage rule harmony: Norway

Nordic bank regulators closer to mortgage rule harmony: Norway By Reuters | 8 Apr, 2014 OSLO: Swedish, Danish and Norwegian financial regulators have moved closer to harmonising mortgage requirements for banks operating across borders in the region, Norway’s Finance Minister Siv Jensen said on Tuesday. The rules would force….” http://economictimes.indiatimes.com/news/international/business/nordic-bank-regulators-closer-to-mortgage-rule-harmony-norway/articleshow/33445984.cms

Outokumpu Strikes Deal to Cut 1,000 Jobs, Close German Facility

Outokumpu Strikes Deal to Cut 1,000 Jobs, Close German Facility Company in Midst of Cost Savings Plan Aiming at €450 Million in Reductions By Juhana Rossi | March 30, 2014 5:16 p.m. ET HELSINKI—Finnish stainless steel company Outokumpu Oyj said late Sunday employee groups have agreed to a deal which will enable it to close… Continue Reading

Left Alliance Quits Finland Government Over Austerity Measures

Left Alliance Quits Finland Government Over Austerity Measures Mounting Challenges, Including Slow Growth in Russia, Pushing Government to Action By Juhana Rossi | March 25, 2014 HELSINKI—Finland’s decision to launch a fresh round of austerity measures to halt growth in public debt resulted in a junior partner quitting the country’s six-party coalition government late Tuesday.… Continue Reading

Isis Investments v Oscatello Investments

Isis Investments v Oscatello Investments February 28 2014 27 November 2013 [2013] EWCA Civ 1493 Court of Appeal (Longmore, Jackson, Vos LJJ) Which law applies to applications to bring additional claims? In another instalment of the Tchenguiz saga,….” http://www.lexology.com/library/detail.aspx?g=66bb86d0-e0ce-4026-9a34-989a3c73371b

Features of universality principle introduced to Dutch international insolvency law

Features of universality principle introduced to Dutch international insolvency law February 28 2014 Introduction In a ground-breaking decision issued on September 13 2013, the Dutch Supreme Court found that a foreign bankruptcy trustee may, in principle, exercise the powers conferred on him or her under the lex concursus (the law governing the bankruptcy) in the… Continue Reading

Danske Bank to sell Denmark’s first Additional Tier 1 bond

Danske Bank to sell Denmark’s first Additional Tier 1 bond By Aimee Donnellan | Wed Feb 26, 2014 LONDON, Feb 26 (IFR) – Danske Bank is preparing to sell Denmark’s first Additional Tier 1 bond and has hired Bank of America Merrill Lynch, BNP Paribas, Danske Bank, Goldman Sachs, HSBC and JP Morgan to act… Continue Reading