Larry Elliot: Austerity is the wrong prescription for the world’s wellbeing

Without this massive funding of Member State by the ECB deficits (which are too low to be sure), many Member States would become insolvent fairly quickly – Italy would be first in the queue. Read […]

The whole of Germany’s economy was planned based on cheap Russian gas. There was no Plan B. The German government tried everything to avoid interference with this plan, be it the dlimate crisis as economics […]

So Europe is back to its Franco-German rivalry and emerging out of that process is the unthinkable – Bundesbank President, Jens Weidmann – becoming a front-runner to take over the ECB role. He is a […]