Let us not forget that Spain introduced a gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference much to the annoyance of the EU and heavily criticised by neo-classical economists. Look at Germany at 6.8%.
Economics
Heiner Flassbeck, Friederike Spiecker – Germany: Downturn in the economy and a simultaneous downturn in economic analysis
German Chancellor Olaf Scholz is not an economic expert. Nobody expects him to be. However, the head of government of the world’s fourth largest industrialised nation should have advisors to protect him from disqualifying himself […]
Corruption
Japan Times: Malta mogul arrested on yacht in journalist assassination case
In the end most members of the EU political elite turn out to be nothing less than mafia. Just give it time and some serious research, it always comes out. Read here
Economics
German Recession – DeStatis: Production in July 2024: -5.3% year on year
Production in industry July 2024 (in real terms, provisional):-2.4% on the previous month (seasonally and calendar adjusted)-5.3% on the same month a year earlier (calendar adjusted) June 2024 (in real terms, revised):+1.7% on the previous […]
Be the first to comment