Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a like-for-like replacement of Mario Draghi is a huge misreading of her track-record.”
Austerity
The Local fr: With no Christmas truce, transport strikes continue across France on Monday
With unions ruling out a ‘Christmas truce’ strike action continues in France on Monday, with public transport still badly disrupted and power cuts over the weekend. Read here
EU politics
ING: Dutch rejection of Mercosur now threatens wider EU trade deals
A Free Trade Agreement between the EU and four South American countries, known as the Mercosur trade bloc, has been voted down by the Dutch parliament. This not only puts the largest-ever EU trade deal […]
Austerity
Simon Wren-Lewis: The micro incompetence of UK austerity
It is good to read a piece by an economist, which puts politics back into austerity. Read here
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