Sentiment in the German automotive industry deteriorated further at the end of 2024. The Business Climate Index for the German automotive industry fell in December 2024 to -34.7 points, down from -32.4 points* in November. “The automotive industry has thus slipped deeper into crisis,”
EU politics
Paul Preston: The scars of Catalonia
This is an in-depth analysis of the current situation in Catalonia from The Spectator. Read here
Economics
Bill Mitchell: US labour market data – we have never been here before!
This is one of those all-time historical events that make the severe crises of the past (early 1980s, 1990s, GFC – look like blips). Read here
EU-Institutions
CEPR: How to get the European Banking Union unstuck
European Banking Union still has important gaps and deficiencies. A new CEPR Policy Insight analyses what it would take to get it unstuck. Read Here
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