This will be hitting the real incomes of low-paid workers hard. Time for a tax break for rich EU citizens and corporations.
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Eurostat: Euro area annual inflation up to 8.1%
Economics
Bill Mitchell: Bundesbank remits record profits to German government while Greek health system fails
This is the advantage of being the EU and euro hegemon: you are always the winner. This does not stop the Germans from complaining that the European Central Bank is ruining their economy. Never a […]
Economics
rfi: Refineries strike and rebate lead to fuel shortages in French stations
More than one petrol station in ten was out of all or part of its fuel in France on Thursday, as workers at TotalEnergies continued their strike at the oil giant’s refineries. Read Here
EU politics
Frances Coppola: Merging Deutsche Bank And Commerzbank Won’t Solve Their Problems
Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European […]
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