Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is the state. The question is if DeStatis does not doctor their numbers as well.
Climate Crisis
Politico: EU governments whipsawed by climate and coal lawsuits
Some EU governments are trying to escape an energy investment treaty that could see them sued for billions. Read here
Economics
Bill Mitchell – Germany continues to kill the Eurozone
Interesting analysis of Germany’s macroeconomic strategy. Published in Bill Mitchell’s blog. Read the article HERE.
Climate Crisis
Climate Home News: EU climate efforts not living up to Paris promises
Report ranking national efforts finds many European nations are working against efforts to increase ambition to act on climate change Read here
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