A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union.
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Austerity
Bill Mitchell – The monetary and fiscal normality of Wolfgang Schäuble – stagnation and entrenched unemployment
Wolfgang Schäuble carries most of the responsibility for the terrible state of the EU economy since 2008. Read here
EU politics
Tax Justice Network: EU tax haven blacklist blocks just 1% of financial secrecy services threatening EU economies
The Tax Justice Network is calling on the EU to shift away from its reliance on a tax haven blacklist that misses all major targets, and instead to impose a 30 per cent withholding tax […]
Economics
Destatis – German Recession: Exports in October 2024: -2.8% on October 2023
Exports (calendar and seasonally adjusted exports of goods), October 2024 124.6 billion euros -2.8% on the previous month -2.8% on the same month a year earlier Imports (calendar and seasonally adjusted imports of goods), October […]
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