The court’s Appeals Chamber said its previous decision was an ‘error of law’ and that it failed to address Israel’s entitlement to challenge the ruling
Economics
Bill Mitchell: China slowdown highlights the madness of the Eurozone austerity
The chickens are coming home to roost at present and the irony of all this is that ultimately German and Dutch external surpluses will fall below the allowable EU imbalance threshold of 6 per cent […]
Finance
Michael Roberts: Beware the ECB bearing gifts for Greeks
In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]
Economics
DeStatis – Germany: Manufacturing in June 2023, stock of orders -3.1% year on year
The calendar adjusted stock of orders was 3.1% lower in June 2023 than in June 2022. Not mercantilism on steroids. Read HERE
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