The collapse of the planned coalition government in Italy opens the way for a fresh breakthrough for Matteo Salvini’s hard-right Lega.
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Economics
Reuters: German economic institutes cut 2023 GDP forecast on energy price surge
What a surprise. And the ECB wants to continue raising interest rates and the German goverment wants austerity. Add to this high inflation and low wage growth. Nothing new on the German front. Inflation well […]
Economics
DeStatis: German recession setting in: Retail turnover in October 2022 decreased by 5% year on year
Retail turnover, October 2022 (provisional, calendar and seasonally adjusted) -2.8% on the previous month (in real terms) -1.7% on the previous month (in nominal terms) -5.0% on the same month a year earlier (in real […]
Corruption
ICIJ: Seven EU Countries Labeled ‘Tax Havens’ in Parliament Report
A committee of the European Parliament has found that seven of the European Union’s own member states — including Ireland, the Netherlands and Luxembourg — behave like tax havens. Read here
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