Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices from the same quarter of the previous year since the beginning of the time series in 2000.
Economics
Patrick Bigger, Federico Sibaja: Feasibility Pact?
A brewing sovereign debt crisis threatens to engulf as many as sixty-one countries in debt distress over the coming year. Aid flowing from the global North—which carries the most responsibility for the atmospheric carbon stock—to […]
Finance
Simon Wren-Lewis: A European Monetary Fund
Wren-Lewis takes a very sobering approach to the idea of creating a European Monetary Fund. The problem is, who should run it? Definitely not politicians, writes Wren-Lewis. He sees the technocrats as the lesser evil. […]
Corruption
Politico: EU official forced to resign over energy interests
In the EU there are apparently laws that do not apply for politicians, especially when it is a question of their bank accounts. Read here
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