Another fudge by the EU. Unfortunately the author does not answer the question, if this was the result of having to support Macron in France and his promises of unbudgeted expenditures to assuage the yellow vests.
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Austerity
Fitch Wire: Italy’s Weaker 2022 Growth Offsets Improved Fiscal Starting Point
Economist keep warning of this, but Germany keeps pressuring for austerity for ideological reasons, which reduces growth resulting in recession and unemployment. Not that we do not know that. But what the EU hegemon wants, […]
Austerity
Bill Hudson: Greek debt update
The eurozone must collapse in the end. If it does not, the entire eurozone will end up looking like Greece looks like today. Greece is the eurozone’s future, if it is kept in place. Read […]
Climate Crisis
Juliet Ferguson – Europe’s love affair with fossil fuels
Investigate Europe’s findings show that Europe subsidises its fossil fuel sectors by more than €137 billion per year. Yet, thanks to loopholes that allow for vague definitions and a lack of clear oversight, many countries […]
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