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.
Climate Crisis
Discover – Economists Are Vastly Underestimating the Economic Impact of Climate Change
Economists are expecting a tiny reduction in GDP despite climate science suggesting far more dramatic consequences, according to a new study. Read here (Credit: okanozdemir/Shutterstock)
EU politics
Jean-Luc Mélenchon: France’s pension battle isn’t over
The France Insoumise leader writes in ‘Jacobin’ on where next after Macron forced through the pension reform. Read the article HERE.
EU politics
Al Jazeera: Over 100 migrants, refugees feared drowned in Mediterranean Sea
Shipwreck off Libya’s coast threatens to be deadliest incident in the Mediterranean this year. Read here
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