There is no compelling reason to raise interest rates, now or later.
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Economics
Ms Merkel’s V-Recovery: DeStatis – New orders in main construction industry in July 2020: -5.6% seasonally adjusted on the previous month
New orders in main construction industry, July 2020 -5.6% on the previous month (in real terms, seasonally and calendar adjusted) -4.9% on the same month a year earlier (in real terms, calendar adjusted) -2.5% on […]
Corruption
Paulo Pena: Europe’s governments inflate housing prices with huge tax privileges for real estate
Part of an investigation by Investigate Europe into how house price inflation is government sponsored. Read the article HERE.
EU politics
Yanis Varoufakis: Are we Greeks insufferable nationalists?
We Greeks have a reputation for being insufferable nationalists, most of whom genuinely believe that Greek culture is superior to that of other nations and peoples. We were even anointed the most culturally chauvinistic Europeans in […]
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