Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Economics
DeStatis – German Economic Crisis: Inflation rate at +3.3% in September 2026
Consumer price index, September 2026: +3.3% on the same month a year earlier (provisional result confirmed) +0.6% on the previous month (provisional result confirmed) Read Article HERE
Austerity
Heiner Flassbeck – The Great Paradox: Liberalism Destroys Market Economy – Part 2
Capitalism is celebrated by the liberals as a success story. But, since the liberals came to power, capitalism has lost an enormous amount of its allure. There is no right policy when the thinking behind […]
EU politics
Politico: Macron faces 5 years of gridlock after stunning parliamentary defeat
French president will have to battle for his promised reforms after far-left and far-right rivals log historic gains. Read Here
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