Compared with the third quarter of 2019, the government debt to GDP ratio rose in both the euro area (from 85.8% to 97.3%) and the EU (from 79.2% to 89.8%): the increases are due to two factors -government debt increasing considerably, and GDP decreasing.
“Brexit is not the most important issue facing the world; it is not even the most important issue facing Britain.” “Katowice was the real Munich and the feeble UN accord the equivalent of the piece […]
In today’s Germany, Wolfgang Streeck argues, politicians laud “Europe” — while quietly using EU structures to advance German national interests. Read here
Angela Merkel continues her policy of supporting Erdogan with massive cash injections – thus supporting Turkey’s war against the Kurds – as long as he keeps refugees from crossing into the EU. Is this the […]
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