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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Deregulation
The Guardian: Families with stable jobs at risk of homelessness in Britain, report finds
Nurses are among those ending up with nowhere to live after being evicted by private-sector landlords, says watchdog. This cannot be blamed on Brexit. Read here
Austerity
Nick Dearden: The EU is unhealthily biased toward austerity – that’s why it’s now in a budget standoff with Italy
In 2008, Europe’s leaders promised to discipline finance. Instead, it is Europe’s people that were disciplined Read here
Economics
Thomas Frank: It’s not wage rises that are a problem for the economy – it’s the lack of them
If we look back, it was high wages and the power it gave to workers that caused the reaction known as neo-liberalism. Thus this is no coincidence. Workers will not strike for more free beer […]
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