French and German banks have more than $400 billion at stake and would lose big if the country left the currency union.
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Deregulation
John Harris: Profiteers make a killing on Airbnb – and erode communities
The Sharing Economy is simply capitalism in new clothes. Housing shortage is bewailed throughout Europe, but important causes like Airbnb ignored. Nor does anyone mention how communities, especially in inner cities, are being destroyed by […]
EU politics
France 24: UN calls for probe into ‘excessive’ force by French police at Yellow Vest protests
Odd that this did not come from the EU. The UN human rights chief called Wednesday for a “full investigation” into the possible excessive use of force by French police during the “yellow vest” demonstrations. […]
Austerity
Paul Mason: Neoliberalism is a real economic model – here’s how the left can overturn it
The replacement of a hyper-financialised system will require a radical reshaping of the state, new national and global institutions, and new treaties. Read here
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