The euro-nations (and the whole of the EU for that matter) are paying the price for accepting German hegemony, as the Germans threaten to bring down both organisations with their particular interests at the cost of everyone else.
Read here
EU politics
EU-OCS: France’s record fine for UBS
In the first of three reports on tax evasion in Europe EU-OCS explores France’s record fine against Swiss banking giant UBS in what the court called a case of fraud of ‘exceptional magnitude.’ Read here
Uncategorized
The Guardian: World’s witnessing a new Gilded Age as billionaires’ wealth swells to $6tn
Billionaires increased their combined global wealth by almost a fifth last year to a record $6tn (£4.5tn) – more than twice the GDP of the UK. There are now 1,542 dollar billionaires across the world. […]
Economics
The Local it. – Italy: Unemployment up, economy just contracted for the first time since 2014
This is bad news for the coalition government. Let us see if they now compromise with the EU with their budget. Read here
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