German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. Maybe this is the tribute you have to pay for government financial support.
EU politics
BBC: Romanian court annuls result of presidential election first round
Romania’s constitutional court has annulled the result of the first round of voting in the presidential election just days before the second round was due to take place. It means the process will be restarted […]
EU politics
Chron: French pension reform architect resigns as strikes drag on
French President Emmanuel Macron’s government suffered a major blow Monday when the key architect of the pension overhaul resigned over alleged conflicts of interests, on the 12th day of transport strikes against the planned changes. […]
Economics
Bill Mitchell: Germany is in deep trouble and requires a major shift in policy strategy
The reality is that the German model that they took into the Eurozone is now unsustainable. It is a case of the past hubris catching up with Germany. Read Here
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