The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as the ifo index and the PMI markit, which were surveyed in August, point clearly downwards. So it can no longer be ruled out that the recession will continue even at a pace much faster than now.
Economics
The EU’s Booming Economy: Euro area annual inflation down to -0.3%
Euro area annual inflation is expected to be-0.3%in September 2020, down from -0.2% in August according to a flash estimate from Eurostat, the statistical office of the European Union Read here
EU politics
German Foreign Policy: The “Germanization” of the European Parliament
“Germans hold many key positions in other EU administrations, such as EU financial institutions. Critics are already warning against the “Germanization” of the EU parliament.” Read here
Economics
The Brussels Times – ‘Nobody lives there’: Airbnb investors taking up scarce Brussels real estate
While Airbnb claims that it enables people to rent their room or house sporadically to tourists, affording travellers a more authentic experience in non-touristy neighbourhoods, a new study from the Vrije Universiteit Brussel (VUB) shows […]
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