The annual inflation rate in the EU dropped 0.1% to 9.9%. Eleven EU nations still have an inflation rate in double digits.
Economics
DeStatis – German Recession: Stock of orders in manufacturing in February 2024: -5.8% year on year
The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]
Economics
Thomas Frank: It’s not wage rises that are a problem for the economy – it’s the lack of them
If we look back, it was high wages and the power it gave to workers that caused the reaction known as neo-liberalism. Thus this is no coincidence. Workers will not strike for more free beer […]
Economics
Eurostat: Eurozone trade deficit to 13-year high as it becomes increasingly dependent on China and Russia
The EU’s dependency on China and Russia due to Germany and Merkel’s “Germany First” policy has become all too obvious. Read Here
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