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.
EU politics
Politico: EU issues muted response to Greek migrant shipwreck
The EU’s executive rejected calls to investigate Greece. Read HERE
Corruption
Reuters – Explainer: Europe’s money laundering scandal
A nice summary of EU money-laundering – up to now. This story still has a lot of road ahead of it as the US authorities tend to be more strident in their investigations (see the […]
Economics
NBC: Russia to cut Nord Stream 1 gas to 20% of capacity, escalating energy tensions over Ukraine war
When the Russian people read this, they are going to rise up and topple the Putin regime. After the NATO nations have solely followed the rule of law and maintained absolute neutrality, that villain Putin […]
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