Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear that the austerity mindset is still alive and well despite the current relaxation of the Stability and Growth Pact rules during the pandemic.
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“Someone must have been reading Robert Louis Stevenson, because within the space of a few months Mr Hyde is back in town, more lethal than before.” Read Here Photographs by Dan Smith, Adrian Pingstone, Yann, […]

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