During the early years of the eurozone crisis, I remember gauging its depths by the rapidly diminishing half-life of the celebrations that followed every European Union summit. Premature proclamations that the crisis was over inspired hope, […]
Spain’s political class, as in the rest of the EU, has no plan B and is just doing what it has always done because maybe it was not successful, but it kept them in power. […]
From the outside, Italy’s political picture appears fragmented and quarrelsome, but the current majority has no intention of bringing down the government and thus handing the country over to the right. The economy has suffered […]
Economics beyond the Swabian hausfrau, July 14, 2020 The Eurozone was the product of a long struggle by neoliberals to reconfigure European states in order to redistribute income away from workers. Now the Union finds […]
While the media are reporting the news of the deadlocked EU Summit negotiations over the so-called ‘Recovery Fund’, an eerie silence prevails regarding the Elephant in the Room: The huge wave of austerity the Eurozone […]
Among the European nations, France in particular tends to overestimate Germany’s capabilities and measure itself against Germany. The result is a grandiose European misjudgment. Heiner Flassbeck is an economist, as well as publisher and editor […]
The EU is a system that survives because the key institutions break the law – to the advantage of neo-liberal interests. Read here
An interview with Yanis Varoufakis concerning the current crisis of the Eurozone. Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 party and Professor of Economics at the University of Athens. […]
The economic recovery is progressing really well in the EU – if you believe the EU political class and mainstream media. It isn’t. And with a lack or leadership and competence there is a rude […]
Spain’s coalition between PSOE and Unidas Podemos gambled on rowing back austerity measures in a period of relative calm – but now, facing a historic recession, its forces find themselves increasingly at odds. Read here
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