The chickens are coming home to roost at present and the irony of all this is that ultimately German and Dutch external surpluses will fall below the allowable EU imbalance threshold of 6 per cent of GDP, not because those nations are doing anything sensible to address their damaging stance, but, rather, because their economies have become dependent on export growth and with China slowing that will hurt them badly.
Europeans believe they have very little corruption. That is because laws have been created to make corrruption legal – at least when it is on a large scale. Read here
The former Greek finance minister on how a bad Brexit deal became inevitable and his plan to transform Europe. We at Brave New Europe don’t take a position on Brexit. While we recognise that many […]
Tens of thousands of Italians marched through Rome and Milano on Saturday calling for peace in Ukraine and urging Italy to stop sending of weapons to fight the Russian invasion. Read Here
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