The EU political elite has no values, just the need to hold onto power. When that means being “liberal”, then why not? When it means going to the far right, well that is fine too. The Social Democrats will, as always, be following.
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Economics
Bill Mitchell: Champagne socialists in the banking sector reaping millions from public money
The rate hikes now being implemented by most central banks are not just allowing the commercial banks to widen spreads between deposit and lending rates which will generate significant windfall profits for the banks and […]
Corruption
European CEO: European banking regulator faces criticism after failing to take action on Danske Bank scandal
This is pretty much par for the course with regard to the EU and financial crime. What do laws and regulations matter, when it is a question of the intereests of financial trans-nationals. Read here
Economics
DeStatis – German Recession: Exports to non-EU countries in October 2024: expected decrease of 6.5% on October 2023
Exports to third countries (calendar and seasonally adjusted exports of goods), October 2024 55.1 billion euros -6.9% on the previous month -6.5% on the same month a year earlier Read HERE
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