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.
Corruption
Politico – EU: Not all commissioners are treated equally
Comparison of the treatment of Josep Borrell and Thierry Breton suggests neither rigour nor consistency on the part of the European Parliament. Read here
Finance
The Nation: Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market
This is the story of how a monopoly destroys the free market, affecting all of us. Read here
Economics
DeStatis – Germany: Producer prices of agricultural products up 34.7% in March 2022 year on year
Highest increase in producer prices of agricultural products since the beginning of the survey. And now the nation is in the midst of a drought. Result of failed economic and environmental policy over the past […]
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