Slower Chinese growth and the woes of Germany’s auto industry are sending the economy into recession.
Read here
EU politics
Greek City Times: Italian Court Advances German Reparations For Greek Victims
An Italian Constitutional Court ruling has opened the way for the enforcement of compensation linked to the Distomo massacre, marking a significant development in the long-running legal battle over German war reparations. Read Article HERE
Economics
Bill Mitchell – ECB realises it has to keep funding Member State deficits for the foreseeable future
Without this massive funding of Member State by the ECB deficits (which are too low to be sure), many Member States would become insolvent fairly quickly – Italy would be first in the queue. Read […]
Finance
Shaun Richards: The Novo Banco saga has been one of misrepresentation and woe
Ín 2014 Portugal’s Central Bank bailed out the Banco Espírito Santo, S.A with 4.4 Billion Euros. Banco Espírito Santo, was, as so often the case when banks are “saved”, split into a bad bank with all […]
Be the first to comment