December data signalled an eighth successive monthly decrease in home building across the Eurozone. The contraction was steep overall and, when excluding COVID-19, the sharpest since March 2013. The drop in activity levels at German firms was the sharpest of the three largest eurozone nations and the quickest since February 2012.
Economics
Bill Mitchell: Once again the so-called technocracy that is the Eurozone looks like a farce
The policy announcements last week demonstrate how riven the ECB and the whole European policy machinery is with contradictions and false premises Read Here
Economics
DeStatis – August 2022: No German employment growth for the first time in 18 months
Why is everything pointing towards recession in Germany? And where Germany goes, the EU follows. Read Here
EU politics
rfi: Hungary court avoids EU conflict after Orban challenge
Hungary’s constitutional court on Friday rejected a bid by Prime Minister Viktor Orban’s government to challenge an EU court ruling against its harsh asylum policy. Read here
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