Economics
Ashoka Mody: Europe’s Moment of Truth
The COVID-19 crisis has pushed the euro zone to its breaking point. Read here
EU-Institutions
Austerity
Bill Mitchell: The European Commission non-stimulus is a waiting game before new austerity is imposed
As the world sinks into the deepest crisis in more than 100 years, we have had a succession of demonstrations of what is wrong with the structure of the European Union. Read here
EU politics
Tax Justice Network – EU loses over $27 Billion in Corporate Tax a Year to UK, Switzerland, Luxembourg and Netherlands
The EU has avoided dealing with tax avoidance in its service to international corporations increasing inequality. The Tax Justice Network is an independent international network whose core mission is to ‘change the weather’ on a […]
Economics
Stanislas Jourdan – EU: Fake Money but No Real Stimulus
The European Union (EU) is pretending it will unlock trillions of Euros to address the coronavirus crisis. But if we look closer, we realise this is too little, too late, and will only drive countries […]
Austerity
Michael Roberts – The Greek Tragedy: Act Three
Despite all the euphoric reports by the EU about a Greek economic recovery, it has always been clear that the Greek crisis will never go away and each time it returns, it will be worse. […]
Economics
Martin Schirdewan – Europe Fails Another Test of Solidarity
Last night’s EU Council meeting once again failed to agree a rescue package large enough to meet the scale of the coronavirus crisis – and hung Europe’s peripheral states out to dry. Read here
Aviation
Sven Giegold – Lobbyists are Trying to Water Down a Sustainable Way out of the Corona Crisis
Sven Giegold warns that the Coronavirus pandemic has been used as a pretext by powerful lobbies to weaken and delay a European Green Deal. Sven Giegold is a German Green MEP Cross-posted from Source Picture […]
Economics
Heiner Flassbeck – Monsieur Macron, the Germans, and Europe
President Macron gave other European politicians a lesson in crisis management, especially to the Germans. Anyone who does not now understand that Europe and the euro are a matter of life and death will never […]
Corruption
Corporate Europe Observatory – Don’t let Industrial Farming and Corporate Lobbies use the COVID-19 Crisis to Defend Continued Pesticide Use
Nothing new at the EU. Germans and Austrians leading the attack against democratically initiated laws that were created to protect the environment. Germany’s Bayer/Monsato and BASF are two of the world’s largest pesticide producers, with […]
Austerity
PierGiorgio Gawronski – Use Wealth Transfusion to Fight the Coronavirus
Forget mutualised euro bonds. Only giant wealth transfers within the euro zone, and a cap on sovereign spreads, can reduce the shock to heavily indebted nations such as Italy over the long term. PierGiorgio Gawronski […]