Bill Mitchell on the report by Amnesty International EU Vanishing Act: The Eurogroup’s Accountability (see here)
Bill Mitchell: The EU’s democratic deficit is intrinsic and unfixable without dissolution
Economics
Eurostat: Seasonally adjusted government deficit at 4.7% of GDP in the euro area and 4.5% of GDP in the EU
Governments trying to stave off recession by increasing their spending. Germany will not be pleased. Read HERE
Economics
DeStatis – German Recession: Truck toll mileage index in August 2025: -2.3% on the previous month
Truck toll mileage index, August 2025 -2.3% on the previous month (calendar and seasonally adjusted) -1.0% on the same month a year earlier (calendar adjusted) Read Article HERE
Geopolitics
Politico – Trump threatens to wipe out Iran’s ‘whole civilization.’ EU has no comment.
History will remember those who were servile and impotent while the worst crimes imaginable were being proclaimed by the world’s most powerful person. Read the full article HERE.
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