Mark Blyth: “The continuing idiocy of the EU’s fiscal rules in an era of underinvestment and climate change. Madness on stilts”.
EU politics
Sinn Féin: Carthy forces ECB to reveal it profited by 73 billion from eurozone misery
A Sinn Féin member of the European parliement, Matt Carthy, has exposed the fact that the European Central Bank made profits of 73 billion euros from the Securities Market Programme used to “aid” the peripheral […]
Austerity
Bill Mitchell – Data suggests a unilateral Greek exit would have been much better than their colonial future under the Troika
The damage done to Greece will not disappear – at least not for decades. Read here
Economics
DeStatis – German Recession; New orders in manufacturing in June 2025: -1.0% on the previous month
New orders in manufacturing June 2025 (in real terms, provisional): -1.0% on the previous month (seasonally and calendar adjusted) +0.8% on the same month a year earlier (calendar adjusted) May 2025 (in real terms, revised): […]
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