What is wrong with Europe these days is its structures and cultures have combined to create dysfunctional responses from government to crises.
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Bill Mitchell: Government goes missing in the European Union
Economics
Reuters: Germany cashes in on record-low yields, earns 4 billion euros with new bonds
How do they finance it? By borrowing at negative rates. Read here
Austerity
Chris Myant – That “After coronavirus” that Macron has promised
A hard long look at austerity and neo-liberalism in France under Macron leading to the Coronavirus fiasco the nation is entering. Read here
EU politics
Politico – Commission unblocks €10.2B for Hungary as EU tries to sway Viktor Orbán on Ukraine
‘The European Commission on Wednesday unblocked €10.2 billion in frozen EU cohesion funds earmarked for Hungary, one day before European leaders are set to discuss new aid to Ukraine and the opening of accession negotiations […]
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