GDP growth in the eurozone was revised down from 0.1% to 0% in the fourth quarter. Poor household consumption and investment data show that underlying developments are weaker than expected, adding concern about eurozone economic performance
Energy
Politico – The Russian gas habit Europe can’t quit: LNG
Nord Stream may have died but EU liquefied natural gas imports from Russia have increased by 46 percent this year. Read Here
EU politics
Michael Roberts: Regulation of banks does not work
There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they […]
EU politics
German Foreign Policy: War Hub Germany
USA prepares to establish a central command to arm Ukraine – in Wiesbaden. A US-Strategy for underground warfare against occupiers being applied in Ukraine had been devised in Germany. Read Here
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