People in Germany appear to have less money to spend on stuff. Good for the climate, bad for government VAT income
Economics
ING – German Recession: German economy falls back into contraction
A disappointing shrinking of the German economy in the second quarter illustrates how difficult it will be to escape the current dismal combination of both cyclical and structural headwinds Read HERE
EU politics
Costas Lapavitsas: Greece’s Long Road Ahead
Leaving the disastrous, but expected, election results, Costas Lapavitsas. What future does a disgraced Left in Greece have? Read here
Aviation
Oeko-Institut: No safe landing – the ICAO must adopt a more ambitious climate goal for international aviation
The climate impact of aviation is three times higher than from aircrafts’ CO2 emissions alone. Reducing that overall impact is critical for achieving the goals of the Paris Agreement. Read Here Photo Credit: Eric Prado
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