Guntram B. Wolff: Inflation!? Germany, the euro area and the European Central Bank

German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. […]

The euro area annual inflation rate was 8.9% in July 2022, up from 8.6% in June. A year earlier, the rate was2.2%. European Union annual inflation was 9.8% in July 2022, up from 9.6% in […]

Germany faces the collapse of its economic model in the face of the Ukraine war and the new cold war with China Read Here