While windfall profits of energy companies are being vehemently defended by the German government, including the Greens, those that are making losses are being subsidised. Welcome to the EU as Germany wants it.
Economics
Bill Mitchell: China slowdown highlights the madness of the Eurozone austerity
The chickens are coming home to roost at present and the irony of all this is that ultimately German and Dutch external surpluses will fall below the allowable EU imbalance threshold of 6 per cent […]
Climate Crisis
Energy Monitor: New EU state aid rules keep energy transition on the back burner
Renewables and community energy get support, but so do fossil fuels, while energy efficiency – among our most crucial tools right now – is undervalued. The European Commission can turn the intentionally vague rules around […]
Austerity
David Matthews: EU leaders desert research in Brussels budget showdown
Wasn’t this one of those wonderful things that Britain due to Brexit was supposedly losing out on? Read here
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