Interesting examination of the historical economic structure of the Balkans.
Read here
Economics
Heiner Flassbeck: Say’s Law and the Fundamental Failure of Economics
One would think that “experts” who pretend to understand one thing particularly well and even recommend that thing to economic policymakers would at least be able to comprehend the logical basis of what they are […]
Economics
EuroStat: Volume of retail trade down by 0.9% in the euro area and by 0.5% in the EU year on year
Among Member States for which data are available, the highest monthly increases in the total retail trade volume were registered in Germany (+1.9%), the Netherlands (+1.7%), Luxembourg and Poland (both +1.5%). The largest decreases were […]
Economics
Bill Mitchell: Bundesbank remits record profits to German government while Greek health system fails
This is the advantage of being the EU and euro hegemon: you are always the winner. This does not stop the Germans from complaining that the European Central Bank is ruining their economy. Never a […]
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