The German economy is being hit increasingly hard by the lack of orders. In October, 41.5% of companies reported a lack of orders, up from 39.4% in July. That’s the highest level since the 2009 financial crisis. “The lack of orders is continuing to hinder economic development in Germany,” says Klaus Wohlrabe, Head of Surveys at ifo. “Hardly any industry has been spared.”
EU politics
Yanis Varoufakis and James K. Galbraith: Why Europe Needs a New Deal, Not Breakup
“The EU is facing a crisis of legitimacy – but retreating to the nation-state will only benefit the far right.” The authors set out a plethora of programmes to save the EU. Read here
Economics
Thomas Piketty: Rights for poor countries
The Covid-19 crisis, the most serious global health crisis in a century, forces us to fundamentally rethink the notion of international solidarity. Beyond the right to produce vaccines and medical equipment, it is the whole […]
EU politics
CatalanNews – Public prosecutor files aggravated disorder and misuse of funds charges against Puigdemont
Thew new charges come after the Supreme Court dropped the charge of sedition following the reform of the penal code, CatalanNews reports. Read the article HERE.
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