The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
EU politics
The Observer: Thousands in Budapest march against ‘slave law’ forcing overtime on workers
Anger at Viktor Orbán’s rule in Hungary also directed at courts system and state media Read here
Climate Crisis
Transport & Environment: Food crisis: Europe burns equivalent of 15 million loaves of bread every day in cars
Europe’s biofuels lobby is pushing for more crop burning despite collapse in supplies of key grains from Ukraine and Russia and impending global food crisis Read Here CC BY 3.0
EU politics
Chatham House: The law as a tool for EU integration could be ending
Poland is not the only EU member state challenging the supremacy of European law, as historic change is happening in how European integration functions. Read here
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