In effect, the EU has embraced a hyper-mercantilist, export-driven growth model, prioritising trade surpluses over internal economic development. This approach has come at the expense of both its own citizens, who face stagnating wages and underfunded public services, and its trading partners — most notably the United States — who have absorbed the EU’s export surpluses as part of an increasingly unbalanced global economic relationship.
EU politics
Robin Jaspert – How Europe Made Indebted African States Into Its Border Police
‘Since 2015, the EU has increasingly demanded that African states repress migration on its behalf. It secures their compliance through economic coercion — exploiting debt relations which have in recent times sharply turned in favor […]
Finance
Sky News – Top EU regulator in talks to head bank lobby group
One of Europe’s top banking regulators is in talks to head the trade body that leads the investment banking industry’s lobbying effort across the EU. Read here
EU politics
Politico – Von der Leyen’s constant power play exasperates EU capitals
The EU is increasingly governed from the centre, with Von Der Leyen grabbing power where she can and bossing the agenda, despite the Commission President role originally intended to be a largely administrative one. Read […]
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