IWe are curious how the EU reacts to this, as it violates one of the EU’s Four Freedoms: The free movement of capital.
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Latvia to phase out shell company accounts in banking sector
Finance
Tech EU: Getir acquires German competitor Gorillas in $1.2 billion deal
Turkey’s ultrafast grocery service Getir has officially announced the acquisition of Berlin-based Gorillas for $1.2 billion, giving the combined group a $10 billion valuation. The deal is reportedly mostly comprised of equity, with around $40 […]
Economics
Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
EU politics
Polina Manolova – German Social Democrats Cast Low-Wage Migrants as Fraudsters
‘In today’s Germany, foreign populations are treated as disposable — desired for their labor but despised for who they are. That this is also the fault of SPD politicians shows what German Social Democracy has […]
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