Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
EU politics
Wolfgang Munchau – Ukraine: The cheerleading has to stop
Despite military setbacks, Vladimir Putin is still on course to achieve his strategic targets. Read Here
Uncategorized
Bill Mitchell: The Interantional Monetary Fund hitman
Despite all the reports by economists that the IMF has learnt from its mistakes in Greece, this appears to be far from the truth. Read here
Climate Crisis
EURACTIV: Austria vetoes Mercosur deal saying it goes against EU Green Deal
Austria’s coalition government has confirmed it will block the landmark EU-Mercosur trade agreement – which should create the biggest free-trade area in the world – saying it goes against the EU’s environmental ambitions set out […]
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