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
Joseph Stiglitz: The euro could be nearing a crisis – can it be saved?
It is an odd world. Outside of Germany there is a consensus that the Eurozone is dysfunctional. Now we are seeing highly respected academics citing far-right – branded in Germany as fascists – being seen […]
Economics
Bill Mitchell: A progressive European superstate will never come to pass
“A progressive European superstate will never come to pass” Read here
Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
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