Central bank technocrats are not ‘independent’
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Economics
Heiner Flassbeck: The Interest Rate and the ECB – The European Central Bank will disgrace itself again and Germany is to blame this time too
The fact that the ECB now intends to raise interest rates in a situation where the economy is extremely fragile and even, as is currently the case in the EMU, threatens to plunge into a […]
Austerity
Bill Mitchell: Greece – the next bailout is just around the corner
Greece has disappeared from the headlines, but its disastrous economic state has changed little. Bill Mitchell looks at the nation that purportedly turned the corner. Read here
Corruption
Reuters – Explainer: Europe’s money laundering scandal
A nice summary of EU money-laundering – up to now. This story still has a lot of road ahead of it as the US authorities tend to be more strident in their investigations (see the […]
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