The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent.
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Bill Mitchell – ECB asset purchase programs are the only thing keeping Member States solvent
Austerity
Red Pepper: Why Europe needs Corbyn
This is another article in our continuing debate concerning whether the neo-liberal EU can be reformed to become a democratic, progressive, and social political organisation. Read here
Economics
The Minskys: For Bold Solutions We Ought To Include MMT in Economic Discourse
The need to revamp Western capitalism has brought renewed attention to Modern Monetary Theory (MMT), a school of thought that offers an important and bold perspective on economics and policy solutions. Read here
Finance
Prem Sikka: A tax haven blacklist without the UK is a whitewash
This is an excellent comprehensive article concerning the EU Blacklist of tax havens Read here
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