Interest rate cuts continue throughout Europe

Yesterday we had another episode of the “interest rates cutting” story. European Central Bank decreased the rates from 3.25 to 2.50, and Bank of England cut rates from 3.00 to 2.00. These are another radical cut rates in recent weeks. The rates were cut also in Sweden and Denmark. Almost all countries in Europe struggle [...]

Does the Crisis mean a failure of the “free market”?

Many experts and economists say, that the financial crisis proved that the “free market” is not so efficient as everyone thought and that there should be more regulations to ensure stability of the economy. They say the market can’t be left alone and that the 2008 crisis means a “failure” of the market. You have [...]