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

Mario Draghi has been forced to leave the opaque G30. If the head of the ECB should not be there, why is the head of the Bank of England still a member? Read here  

This is something the German government does often at the EU. It is called Regulatory Capture. It shows how confident the German government is that its interests will be followed unquestioned by an obedient EU. […]

Who runs Europe? The people? Not on your life. As a raft of renowned experts write, the new members of the European Central Bank, in the meantime a powerful institution, will be selected in secret […]