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.
Finance
Ann Pettifor – Time to tighten financial seatbelts?
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
EU politics
Politico – Switzerland ends talks on EU partnership treaty
The EU has learnt nothing from Brexit. There are some Europeans who value democracy. Read here
EU politics
Reuters: Norway’s left-wing opposition wins in a landslide, coalition talks next
Norway’s centre-left opposition parties are on course to win a majority in parliament after Monday’s election and will now negotiate how to form a coalition, with climate change and a widening wealth gap expected to […]
Be the first to comment