Let us not forget that Spain introduced a gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference much to the annoyance of the EU and heavily criticised by neo-classical economists. Look at Germany at 6.8%.
EU politics
German Foreign Policy: How to Create Refugees
A central theme of Chancellor Angela Merkel’s tour of African countries, which began yesterday, will be the expansion of the EU’s defense against refugees. As government circles confirmed, following Merkel’s talks yesterday in Senegal, she […]
Economics
DeStatis: German Exports to Russia Increasing Again
Those German hypocrites are at it again. Exports to Russia up 35.6% month on month Exports of pharmaceutical products to Russia: +42.4% on May 2021 Sharp year-on-year fall in exports of motor vehicles and machinery […]
Austerity
Prabhat Patnaik – Why Neoliberalism Needs Neofascists
The neofascist assault on democracy is a last-ditch effort on the part of neoliberal capitalism to rescue itself from crisis. The only solution is a decisive retreat from globalized finance. Read here
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