A long but excellent article concerning the effects of rising interest rates
Economics
DeStatis – German Recession: Stock of orders in manufacturing in June 2024: -6.2% year on year
The real (price adjusted) stock of orders in manufacturing was down 0.2% in June 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]
EU politics
Catalan News: Prosecuted former cabinet ordered to pay €2.13m or face confiscation
The Social Democrats are not really defusing the situation. Read here
Economics
Eurostat: 2 Euro nations have over 20% inflation, another 7 over 10%
Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May according to a flash estimatefrom Eurostat, the statistical office of the European Union. Read Here
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