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.
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EU politics
Thomas Fazi: The European Union Is an Antidemocratic Disgrace
The European Parliament elections start today. But the body itself is an insult against democracy that exists only to rubber-stamp neo-liberal rule. Read here
Corruption
European Ombudsman: The European Commission did not properly consider conflicts of interest when it granted a contract to BlackRock – a big investor in fossil fuels – to advise on the EU’s new sustainable finance agenda for banks
One of the reasons the German government was so keen on having Ursula von der Leyen elected as EU Commission president was to get her out of Berlin, where as Secretary of Defence she was […]
Finance
Reuters: Swiss watchdog to propose looser anti-money laundering rules for fintechs
Having lost much business due to new banking rules with regard to illicit money, Switzerland is looking for ways to regain lost business by dreating new legal loopholes. Read here
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