This is the sort of predatory capitalism being promoted by the EU neo-liberalism. Utilities should be privatised as the private sector is “more efficient”. This is just half the story. In the end the state will be forced to take over these bankrupt companies, debts and backlog of investments included.
The pandemic has exposed two German myths: of competency and superiority. Munchau oddly does not mention the corruption scandal as at least two of Merkel’s parliamentarians used their office to gain PPI contracts for clients […]
The next big EU lobby battle is already underway: Google, Facebook, and Microsoft are among the companies making huge efforts to shape the upcoming Commission proposals to regulate the digital market. Read here
Torsten Bell, Director of the Resolution Foundation, concerning the housing crisis of the young in Britain. Read here
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