Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend.
EU politics
City Lab: In Need of Housing, Barcelona Fines Landlords For Long-Vacant Buildings
The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing. Read here
Economics
EU Commissioner: Merkel’s glorious V-Recovery is not happening in the rest of EU
According to Paolo Gentiloni, the EU’s economics commissioner, “We never counted on a ‘V-shaped’ recovery. Now we know for sure that we will not have one.” Read here
Geopolitics
Daniel McCarthy: It’s over: Biden is last gasp of failed post-Cold War internationalism
Whether with neoliberalism or neoconservatism, the last four presidents helped to squander the peace. And now a new era begins. Read HERE
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