When assessing public infrastructure investment “commercial yield” should not come into it.
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 […]
Bill Mitchell tells the tale of two unions: Those who have borne the brunt of the European Union’s neo-liberal policy, and those who have profited. Read here
Despite all the reports by economists that the IMF has learnt from its mistakes in Greece, this appears to be far from the truth. Read here