The euro area’s most vulnerable economy is heading into a storm.
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EU politics
Sigrún Davíðsdóttir’s Icelog: Iceland: from fishing to tourism / 10 years on
Whatever happened to Iceland. If you wish to get up to speed on developments in Iceland, this article is well worth reading. Read here
EU politics
Bill Mitchell: The German undervaluation obsession is resistant to ‘reform’
In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations. Read here
Economics
Shaun Richards: Borrowing for the energy crisis has become much more expensive for Euro area governments
Bloomberg has taken a look at what the energy crisis has cost so far and the numbers are not pretty. Europe got hit by roughly $1 trillion from surging energy costs in the fallout of […]
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