Italy’s deputy prime minister Matteo Salvini seems set on shaking Europe’s financial establishment to the core. One day after the Italian deputy prime minister and leader of the League party, called for the elimination of Italy’s central bank and the country’s financial regulator, Consob, saying the two institutions should be “reduced to zero, more than changing one or... 

The Ukrainian national flag waves in front of the country’s central bank building. Head of Ukraine’s central bank says the country’s economy has shrunk by 7.5 percent as inflation soared in 2014, making it the worst year in over half a century. Valeria Gontareva said on Tuesday that the annual inflation rate hit 21 percent by the end of last month and the country’s currency was devalued by... 

The escalation of the economic crisis in Argentina has forced the government to take drastic actions that had been rejected in the past, due to the impact they could have on the people. This time the Central Bank raised the interest rates by 3%. While the Argentine economy faces a complicated and serious agenda to solve, The problem is intensified by destabilizing moves of foreign firms, such as the...