As the US vs European recovery story swings our way, what lessons can Europe learn from the strong swing to the centre right in Britain’s elections? Is there a possibility of Brexit? Banks have been hit with more fines, but more importantly, also with Criminal Convictions. Is this banking out of control because it has been deregulated? Is it fair to call the regulatory changes “deregulation”?iref_fffn_15-06.pdf “Financial and Fiscal Features” Newsletter is a monthly publication by the IREF. It brings latest inside information from the world of central banks and financial markets, both of which are increasingly intertwined with fiscal issues. You can find the latest issue in the .PDF file. It can be either read on your screen/e-reader or printed out. You can print it out either on normal A4 sheets or on a single double-sided A3 which can be folded to make a simple “newspaper”. The last page has been specially formatted so that it can be printed separately on a self-standing single sheet and pinned to a public notice-board at your place of work or learning, if you think it is appropriate and if you think others would also benefit from what we have to say.