The ECB’s interest rate hikes are having clear negative effects on the housing market in Germany. Building permits for new construction issued in January and February 2023: -28.4% for single-family houses, -52.4% for two-family houses, […]
There is a recrudescence of nationalism in the Eastern EU. The Hungarian minority in Romania wants to become part of Hungary. Romania wants Moldova to once again belong to Romania. This is especially dangerous as […]
The EU is about to adopt new rules that will help trade in securitised loans, the very financial instruments that were a main cause the 2008 financial crisis. Despite warning signs of a new ‘subprime […]
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