Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend.
Austerity
Le Monde – German Recession: Bridge partially collapses in Germany’s Dresden
This is a further result of German obsession with austerity and the recession it is causing. Read HERE
Austerity
Bill Mitchell: The conflicting concepts of cosmopolitan within Europe – Part 2
Is Europe really as cosmopolitian as claimed in state and corporate media, ot that simply a myth to ensure class domination? Read here
Economics
Reuters: German economic institutes cut 2023 GDP forecast on energy price surge
What a surprise. And the ECB wants to continue raising interest rates and the German goverment wants austerity. Add to this high inflation and low wage growth. Nothing new on the German front. Inflation well […]
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