German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. Maybe this is the tribute you have to pay for government financial support.
Economics
Joseph Stiglitz, Kevin P. Gallagher: IMF surcharges: A lose-lose policy for global recovery
The IMF has imposed significant surcharges on countries that have had to undertake large borrowings and are unable to pay their debts back quickly. These surcharges are pro-cyclical financial penalties imposed on countries precisely at […]
Climate Crisis
Stay Grounded: EU’s New Law on ‘Sustainable Aviation Fuels’ Fails to Be Truly Sustainable
The new ReFuelEU law, part of the EU Fit for 55 package, was announced yesterday The Stay Grounded network fears this could lead to a massive demand for biomass and energy, competing with other sectors […]
Climate Crisis
Unearthed: Car industry calls for EU climate targets to be delayed due to Coronavirus
Car manufacturers have had years to prepare for this. A few weeks cannot throw a spanner in the works. This is absurd and opportunistic. Farmers are making similar claims with regard to the introduction of […]
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