EU nations are starting to realise that they will have to finance the Ukraine war
Economics
Bill Mitchell: ECB estimates suggest meeting current challenges will be impossible within fiscal rule space
While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure […]
Geopolitics
Al Jazeera: Israel’s war on Gaza has killed 50,000 Palestinians since October 2023
Number of people killed tops 50,000 as Israel intensifies attacks on blockaded Gaza, causing further suffering to Palestinians Read HERE
EU politics
Dave DeCamp: France and Italy Won’t Participate in NATO Plan To Buy US Weapons for Ukraine
According to Reuters, some NATO allies were caught off guard by Trump and Rutte’s announcement of the plan Read the Article HERE
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