The calendar adjusted stock of orders was 3.1% lower in June 2023 than in June 2022. Not mercantilism on steroids.
Economics
Eurostat – Third quarter of 2022: Annual increase in labour costs at 2.9% in euro area Increase at 3.4% in EU
Huge drop in real wages. So where is the inflation coming from? Read Here
EU politics
Larry Elliot: The European Union has bigger problems to deal with than Brexit
The euro-nations (and the whole of the EU for that matter) are paying the price for accepting German hegemony, as the Germans threaten to bring down both organisations with their particular interests at the cost […]
Economics
Lily Lynch: The neoliberal battle for Ukraine’s reconstruction
The country’s postwar future is almost as riven as the war itself. Read HERE
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