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.
Austerity
Bill Mitchell: Either the Eurozone as we know it is dead or Italy goes out – latest research
Research finds that if the technocrats start forcing Italy into austerity measures via a return to the Excessive Deficit Mechanism (and enforcement of the Stability and Growth Pact fiscal rules) then the majority of Italians […]
Austerity
Helena Smith: Has Greece finally escaped the grip of catastrophe?
This article rounds out the picture of the current situation in Greece described in our two articles of today (here and here) Read here
Climate Crisis
META: The extra mile the EU needs to move away from gas boilers
To protect citizens from soaring gas prices, EU governments must accelerate the deployment of renewable heating, a technology that is ready to replace gas boilers, but only affordable for a standard household in 8 EU […]
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