This is the result of the financialisation of homes. Dirty money, be it from developing nations or the rich in the advanced economies is seeking secure havens. And what is more secure than nations, like those of the EU, which protect such transactions via weak regulatory systems. That this has occurred has to do more with a few judges and prosecutors in Spain than a efficient rule of law.
EU politics
German Foreign Policy: Germany’s Colonial-Racism on Trial
Ovaherero and Nama representatives, as well as UN Special Rapporteurs accuse Berlin of refusing reparations for the genocide in South West Africa, invoking colonial-racist arguments. Read HERE Photo: Wikimedia Commons
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
Economics
German Foreign Policy: Germany/India – No Alternative
On visit to India, Germany’s Economic Minister Robert Habeck promotes conclusion of free trade agreement with EU. German business representatives clearly reject plan to substitute trade with India for that with China Read HERE
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