Mario Draghi is using his position as Italian prime minister to deliver the one thing he could never conjure up when he was head of the European Central Bank: massive fiscal stimulus.
Economics
DeStatis – German Recession: Production in September 2024: -4.6% on the same month a year earlier
Production in industry September 2024 (in real terms, provisional): -2.5% on the previous month (seasonally and calendar adjusted) -4.6% on the same month a year earlier (calendar adjusted) August 2024 (in real terms, revised): +2.6% […]
Climate Crisis
Balken Green Energy News: Kosovo imposes rolling blackouts amid power supply uncertainty in Western Balkans
Kosovo was forced to introduce rotating outages due to low electricity production and high imports. The Western Balkans are primarily dependent on obsolete coal power plants and there is not enough lignite, while extremely bad […]
Economics
Jacobin: Yanis Varoufakis on the Legacy of Greece’s Oxi Referendum
Ten years ago today, the people of Greece voted decisively in a referendum to reject an EU austerity program. Former Greek finance minister Yanis Varoufakis speaks to us about how it happened and of the […]
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