Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
Energy
Bill Mitchell: A large government presence required for energy transition does not mean massive deficits are needed
To finance energy transition we need to move from a system that allocates resources in favour of private profit, to a more societal-based system. Read HERE WikiRigaou/Creative Commons
EU politics
El Nacional Cat.: Main Spanish parties ask European Parliament to ban Puigdemont from speaking
With Centrists like this, who need populist fascist parties. The EU is arrving at its predestined neo-liberal goal: the end of democracy in Europe. No surprise to see the Social Democrats in the forefront. Read […]
Economics
DeStatis – German Recession: Exports in April 2025: -2.1% year on year. Imports up 3.8%
Exports (calendar and seasonally adjusted exports of goods), April 2025 131.1 billion euros -1.7% on the previous month -2.1% on the same month a year earlier Imports (calendar and seasonally adjusted imports of goods), April […]
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