French president will have to battle for his promised reforms after far-left and far-right rivals log historic gains.
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Politico: Macron faces 5 years of gridlock after stunning parliamentary defeat
Economics
eurostat: March 2022 – Euro area annual inflation up to 7.5%
Who is going to pay for this? Read Here
EU politics
Wolfgang Munchau: Germany to miss defence spending target
The German Council on Foreign Relations published a report highly critical of the German government’s two-tongued defence strategy. Olaf Scholz’s much-quoted Zeitenwende has turned to have been really not much more than a public relations […]
Economics
German Foreign Policy – Germany: An economic power in decline
With the chemical industry in crisis, another central pillar of the German economy is crumbling. The main causes: abandoning cheap Russian energy and accepting Trump’s imposition of duty-free imports from the US. Read Article HERE
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