The S&P Global Eurozone Manufacturing PMI contracted to 49.8 in July of 2022 from 52.1 in June, pointing to the slowest growth in factory activity since June of 2020. This is the recession we have expected.
Austerity
Marshall Auerback: If the Euro Cracks—Blame Germany, Not the Italians
The drive for German industrial hegemony is in its overreach stage and risks blowing up the currency union. Read here
Corruption
Adam Bienkov – Johnson has Left An ‘Oligarch Loophole’ in the Economic Crime Bill
It seems the EU and Britain are in a race to be the most hypocritical. Read Here This file comes from the website of the President of the Russian Federation and is licensed under the […]
EU politics
Chris Dite – In Finland, the Left Alliance Just Trounced the Far Right
‘Europe’s elections saw gains for anti-immigration parties — but the breakthrough act in Finland was the Left Alliance, with 17% support. Its leader, Li Andersson, told Jacobin about why it did so well and how it defeated […]
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