Germany funds much of its export surplus by exporting its own capital instead of investing it in its own nation. Much of this investment capital is either poorly invested or is lost. Thus being “export world champion” results in the own immiseration.
Corporate Europe Observatory: Picking up the plastics trail: how Ireland cooperated with the plastics industry
Corporate lobbies often exert heavy pressure on member states’ decision-making in the Council of the EU, especially when it comes to making new rules and regulations. But how does the influencing work in practice? Read […]
EU leaders have entirely failed to solve any of the structural problems that led to the Eurozone crisis. Read here