Heiner Flassbeck, Friederike Spiecker – Eastern Europe: The Forgotten and Misunderstood European Hinterland

The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]

‘Europe’s centrists often claim to defend liberal values against populist threats. Yet ahead of June’s EU elections, liberals have adopted far-right talking points on everything from the climate to migration — and it’s not saving […]

In the past, there were already recessions in the economy. These were phases of shrinking gross domestic product (GDP) that lasted two, three quarters or a whole year. Rising unemployment and shrinking incomes were practically […]