When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
EU politics
The Independent: Emmanuel Macron branded ‘hero of the rich’ for cutting taxes for the wealthiest in new French budget
Emmanuel Macron seems to be pushing through a neo-liberal policy that once again enriches the few and immiserates the many. What else is new in the European Union? Read here
Economics
DeStatis – German Recession: Production in September 2024: -4.6% on the same month a year earlier
Production in industry September 2024 (in real terms, provisional): -2.5% on the previous month (seasonally and calendar adjusted) -4.6% on the same month a year earlier (calendar adjusted) August 2024 (in real terms, revised): +2.6% […]
Corruption
Lighthouse Reports: Europe’s Potemkin Lobby
Powerful European farming lobby Copa-Cogeca is losing legitimacy even as it stymies the EU’s green agenda and hoovers up public funds Read HERE
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