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.
Finance
German Foreign Policy: “In China for China”
German companies – from car giant Volkswagen to SMEs – are making their plants in China independent of bases in Europe. Immunising operations against new Western sanctions raises German investment in China to record levels. […]
Corruption
Science : Journal retracts weed killer study backed by Monsanto, citing ‘serious ethical concerns’
Highly cited paper was used as evidence that the widely used herbicide Roundup is safe A 2000 study that concluded the well-known herbicide glyphosate was safe, widely cited since then, has just been officially disavowed […]
Austerity
Thomas Fazi: Jacques Delors destroyed the European Left
By the time the Delors Commission came to an end, in 1995, much of the groundwork for the techno-authoritarian and anti-democratic juggernaut that the EU would later become was laid — and, to a large […]
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