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 bank resolution procedure, with creditors bailed in and shareholders wiped. How the Italians would laugh…
One of the issues that some on the Left raise when the topic ‘degrowth’ enters the conversation relates to the sense of elitism from the wealthy nations, which can now indulge in a bit of […]
What would multinational corporations like Amazon do without the EU political elite permitting it to rip off tyxpayers? Read here
Ursula Von Der Leyen is all set for a second term as European Commission President. In ‘Unherd’. Read the article HERE.
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