Economics
Ashoka Mody: Italy will need a precautionary bailout — a ‘financial firewall’ — as coronavirus pushes it to the brink
Italy’s crisis could soon become unmanageable, potentially causing mayhem in world financial markets Read here
EU politics
Aviation
BBC: Coronavirus: Due to EU Airlines flying near-empty and empty planes
One sees why neo-liberalism is failing not only the environment but also the economy. Law to protect capitalism are all that count and that is what organisations like the EU are there for, to enforce […]
Economics
Reuters: Coronavirus impact is overwhelming, Spain’s hotels association says
This is just the beginning. Much worse is to come. Read here
Corruption
The Tortoise Podcast – Daphne Caruana Galizia: My mother’s murder – Episode 2
Daphne Caruana Galizia was Malta’s pre-eminent investigative journalist. She exposed corruption at the highest levels of politics and business in the country until, in October 2017, she was murdered by a car bomb. Since her […]
Corruption
A People Betrayed: A History of Corruption, Political Incompetence and Social Division in Modern Spain 1874-2018 by Paul Preston
Book Review by Chris Bambery “Spain is Different” – that was the slogan devised in the 1960’s to sell the country as a popular tourism destination. And Spain is different as this wonderfully rich book […]
Austerity
Phil Leeke – The UK University Strike: Don’t Skimp on the Rivets
For those of you that have spent your week on the picket line, and for those of us who are supporting this strike because we received good university educations from dedicated and content staff and […]
Austerity
Yanis Varoufakis – Oligarchy and Xenophobia: The only Beneficiaries of Greece’s Economic ‘Recovery’
Spring is already in the air across Greece. Even in the bleakest of times, nature’s renaissance renders hope irrepressible. But this one is proving a cruel spring for a people caught up in a decade-old […]
EU politics
Euractiv: Orban declares victory after EU ‘adopted’ his migration policy
Who would have expected this from the virtuous EU? Read here
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 […]
Economics
Spiked: Ashoka Mody – Italy: the crisis that could go viral
Coronavirus threatens to turn Italy’s economic and financial crisis into a global one. Ashoka Mody teaches at Princeton University. The paperback edition of his EuroTragedy: A Drama in Nine Acts, published by OUP, is available […]