Inflation was up from 8.9 per cent in July, which was itself a record high in the 23-year history of the euro.
Economics
Heiner Flassbeck: Overkill – The ECB is driving the European economy up the wall and everyone is watching
The economic situation in Germany is bad, very bad indeed. There are indicators such as the so-called Markit PMI that predict a similarly devastating scenario for German industry as at the time of the great […]
Deregulation
James Moore: Death of an out-sourcer
James Moore in the Independent lamented that PFI is bleeding Britain’s National Health Service dry. Read here
EU politics
German Foreign Policy: A Transmission Belt of German Supremacy
German politicians and media are intensifying pressure on Rome in anticipation of today’s EU Commission verdict on Italy’s national budget. Already last week, EU Budget Commissioner Günther Oettinger announced, in reference to the Italian deficit, […]
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