The situation in Europe is getting so bad on so many different levels, the Brussels crowd had to bring in “Super” Mario Draghi to save the day — or at least write a report telling them what to do.
Economics
Geoff Tily: Working families aren’t ‘just about managing’ – they’re in danger of going under
Theresa May has achieved the extraordinary feat of turning UK households into deficit borrowers. Read here
Austerity
France 24: French unions stage new pension protests on sixth day of crippling strike
Mass strikes across France enter their seventh day. Read here
Economics
DeStatis – German Recession: Exports to non-EU countries in May 2024: expected decrease of 2.3% year on year
Germany is becoming increasingly dependent upon the US and losing market share in China. Read HERE
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