With regard to austerity for the people, the EU wields an iron fist. When it comes to banks it will bend over backward to be obliging and generous.
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Reuters: ECB mulls shelving rules tackling euro zone’s bad loans pile
Economics
Eurostat: What is the extent of contingent liabilities and non-performing loans in the EU Member States?
How many more scandals are to come out of this sector, not only in Britain but in other countries exposed to PFI? Relative to its GDP, Portugal has the highest level of PFI exposure (at […]
National Politics
Verfassungsblog: France’s Shifting Constitutional Landscape
The summer of 2024 will undoubtedly be remembered as a turning point for the French political-constitutional system. Read HERE Photo: Simon Dawson / No 10 Downing Street/Open Government Licence
Economics
Heiner Flassbeck, Friederike Spiecker – The ECB’s dogmatism reaches new dimensions
The price surge triggered by the pandemic in 2021 and the war in Ukraine in 2022, which primarily caused producer prices to soar, was considerably stronger (Figure 2), but the processes are very similar to […]
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