Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear that the austerity mindset is still alive and well despite the current relaxation of the Stability and Growth Pact rules during the pandemic.
Economics
Craig Stirling and Joel Rinneby: Eurozone’s Worst Year of Inflation Probably Ended With Respite
Some signs that inflation may have peaked. Read the article HERE.
EU politics
aljazeera – Catalonia: EU court says Spain should have freed Catalan MEP to take office
ECJ says Oriol Junqueras, who was sentenced to 13 years in jail over independence bid, enjoyed immunity as MEP. Read here
EU politics
Thomas Fazi and Giacomo Bracci: Sacrificing at the Altar of the Euro
Breaking up the eurozone would be no simple task. But maintaining the single currency dooms progressive politics across the continent. Read here
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