Euro area annual inflation is expected to be 3.2% in May 2026, up from 3.0% in April according to a flash estimate from Eurostat, the statistical office of the European Union.
Economics
Thomas Piketty: Rights for poor countries
The Covid-19 crisis, the most serious global health crisis in a century, forces us to fundamentally rethink the notion of international solidarity. Beyond the right to produce vaccines and medical equipment, it is the whole […]
Economics
Shaun Richards: Borrowing for the energy crisis has become much more expensive for Euro area governments
Bloomberg has taken a look at what the energy crisis has cost so far and the numbers are not pretty. Europe got hit by roughly $1 trillion from surging energy costs in the fallout of […]
Austerity
Simon Wren-Lewis: The Media and Attitudes to Austerity
Why was austerity popular? “Many people would argue that the macroeconomic case for fiscal stimulus was complex, while simple analogies between governments and households were easier to grasp. However I have also argued that the […]
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