My point is that if there is a rule at the EU level then that rule can be rewritten at the EU level. Whether there are advantages to setting VAT rules at the EU level, or not, is a very different que… (View Post)

The Russian government has stopped publishing data on the balance of the treasury accounts. They stopped publishing this data on the same day as they announced that bond sales were suspended. As of J… (View Post)

It never happened for the same reason that Britain continues to suffer from the same problems with its governance that it has suffered for many decades - the politicians haven't been up to the j… (View Post)

The budget is the big test, yes. The announcements now seem to be about creating a positive vibe and setting the tone for the new government, rather than being the substance of it. My main criticism … (View Post)

Right, so it can be done, if you can find the agreement with other countries to make the change. Sure, that's hard, and it takes time and effort. Cameron rushed his attempt at a much more fundam… (View Post)