How many more scandals are to come out of this sector, not only in Britain but in other countries exposed to PFI? Relative to its GDP, Portugal has the highest level of PFI exposure (at 3.4%), followed by Hungary (1.8%), then the UK (1.7%), and Slovakia (1.2%) according to Eurostat figures.
This is a landmark decision. Despite the fact that it will be a couple of years until it can be einforced it is a belwether for the decline of tax havens Read here
Romania’s series of corruption investigations seems to be endless. Romanian politicians have however found a solution to solve this: disband the public prosecutor’s office and there will be no more investigations. With solutions like this […]
“Europe’s problem is the German élite’s mindset, informed by a mercantilist model that insists on domestic wage and fiscal moderation.” Read here
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