Czech Republic, Hungary, Slovakia opt out of taking part, while package agreed among 24 member states
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Austerity
Kate Connolly: ‘We are becoming a joke’: Germans turn on Deutsche Bahn
Depressing wages, slashing investment, reducing taxes for corporations and the rich. German austerity to drive its export economy in support of international corporations. The Deutsche Bahn is a typical victim of this austerity. What the […]
Finance
Michael Roberts: Beware the ECB bearing gifts for Greeks
In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]
Economics
Bill Mitchell: Education – a faux crisis, an erroneous ‘solution’ and capital wins again
Beginning with education, this morphs into an article about the Big Four Accountancies, especially Ernst & Young. As always with Mitchell, well worth reading. Read here
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