Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Geopolitics
Common Dreams: Gaza Freedom Flotilla Begins Voyage to Break Israel’s Illegal Blockade
The ship is a symbol of the unyielding spirit of Palestinian resilience and the growing global resistance to Israel’s use of collective punishment and deliberate starvation policies. Read HERE Photo: Jaber Jehad Badwan/Creative Commons
EU politics
Bella Caledonia: St Andrews University must defend Clara Ponsati
Hardly is she eligible for s senior railcard and Clara Ponsati is to be extradited from Scotland to Spain for rebellion. What senior citizens get up to these days? Ms Ponsati, who does research at […]
Economics
Bill Mitchell: Bank of England Governor just didn’t go far enough
Bill Mitchell examines the policies of the Bank of England Governor Andrew Bailey Read Here
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