A skewering of the brutal austerity in Greece which led to the country’s train disaster.
Read the article HERE.
James K. Galbraith: The Austerity Train Wreck
Economics
Reuters: Germany cashes in on record-low yields, earns 4 billion euros with new bonds
How do they finance it? By borrowing at negative rates. Read here
EU politics
Bill Mitchell: When old central bankers know what is wrong but can’t bring themselves to saying what is right
The euro monetary union is a massive failure. It would be far better to dissolve it in an orderly manner to avoid those massive income and job losses and to support the restoration of full […]
EU politics
Andrea Capussela – Kosovo: Visa liberalisation or fighting elite crime?
It appears the EU is set on continuing its policy of providing the Western EU with very cheap labour. Kosovo is economically similar to Romania and Bulgaria. Now the EU is planning to introduce visa […]
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