For decades, EU member states have provided military wares to Israel’s occupation forces, with almost 30 percent of their major conventional weaponry originating in Germany (23.9 percent) and Italy (5.9 percent).
Economics
Michael Roberts: Erdogan’s Turkey
A good summary of the acute economic problems currently facing Turkey. Read here Wikimedia Commons
Austerity
Larry Elliot: Greece’s bailout is finally at an end – but has been a failure
While European mainstream media has been euphoric concerning Greece´s exit from the beialout programme it was subjected to. The results are catastrophic: -500k people, mostly young, emigrated – Unemployment hit 27.8% (still >20%) – Youth […]
Austerity
Bill Mitchell: Dr Die Schwarze Null still not thinking beyond more austerity
Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is […]
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