While the UK Conservatives continue to bicker and infight over post-EU Britain, the Brussels ship continues to sink. CommonSpace examines major political developments on the Continent.
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Austerity
Bill Mitchell: The EU pronouncement of a Greek success ignores the reality
1. Real GDP has shrunk by 23.9 per cent since the crisis began and has been stuck around that mark since 2012. There has been virtually no growth at all since the trough was reached […]
Finance
Prem Sikka: Billionaires are a threat to democracy
Taxation revenues are the basis of the modern state. Without them, it cannot perform its administrative and redistributive functions. Read here
EU politics
Bloomberg: German Property Stocks Fall on Berlin Rent-Freeze Proposal
Germany’s biggest residential landlords declined on concern that the City of Berlin will freeze rents in the capital for five years in response to a surge in housing costs. Read here Photo by Roland Hoppe […]
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