December data signalled an eighth successive monthly decrease in home building across the Eurozone. The contraction was steep overall and, when excluding COVID-19, the sharpest since March 2013. The drop in activity levels at German firms was the sharpest of the three largest eurozone nations and the quickest since February 2012.
Economics
Lee Jones: Coronavirus Is the End of the End of History
The coronavirus crisis, and its accompanying recession, will bring about a new political and economic order – but it remains to be seen whether the Left can rise to the historical moment. Read here
Corruption
Bloomberg – Deep Rot in German Government: Audit Regulator Who Bought Wirecard Shares Faces Scrutiny
Anyone who knows much about the German political system knows how corrupt it is. German media hardly covers this as they know this will simply confirm the claims of the far-right AfD. Thus corruption increasingly […]
Energy
Politico – Spain orders temperature limits for businesses in sweeping energy saving decree
This can only be the beginning. By the way, had Germany not sabotaged Spain’s ambitious renemwable energy programme in the financial crisis, Spain would be in a much better position now. Read Here Photo: Jacques […]
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