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.
Read here
Economics
Geoff Tily: Working families aren’t ‘just about managing’ – they’re in danger of going under
Theresa May has achieved the extraordinary feat of turning UK households into deficit borrowers. Read here
EU politics
EuroIntelligence: The world has discovered how to blackmail Germany
Once again it is confirmed that Germany, the EU hegemon determines policy. Read here
Climate Crisis
Riccardo Mastini, Giorgos Kallis and Jason Hickel: Europe’s Green Deal is a tepid response to the climate crisis
The EU’s new climate plan hardwires an economic model that prizes GDP growth over ecological limits. Read here
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