The big motor is fiscal policy and because of the flawed design in the Eurozone it is dysfunctional in the extreme. Central bank policy shifts can do little to counter the damage that fiscal austerity is doing in Europe.
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Economics
Bill Mitchell: The coronavirus will redefine what currency-issuing governments can do – finally
The ideologues are giving way to the pragmatists in the policy space Read here
Austerity
Attac Austria: “In practice, a fundamental reform of the EU is impossible.”
Attac Austria´s book on the EU is now available as free e-book in english: The European Illusion: Why we need new strategies towards the EU and beyond Read all chapters and download the free ebook […]
Corruption
Corporate Europe Observatory: Cashing in on the pandemic: how lawyers are preparing to sue states over COVID-19 response measures
As governments take action to fight the COVID-19 pandemic and prevent economic collapse big law firms, too, are watching the virus. Yet, their concern is not to save lives or the economy. Instead the lawyers […]
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