Cross-posted from Brussels Morning (https://brusselsmorning.com)
Experience in political office, they say, is not so important if you want to try something new. That is a grandiose misconception. It’s the other way around: only those who have a lot of experience can afford to try something new. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
The US is deploying approximately 25% of its GDP to bolster the economy in comparison to a more timid approach from Europe, the former will likely prove better for labour market recovery.
There is now hope that the global economic situation will rebound as the pace of vaccination picks up. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
“Poor guy,” I thought at first when I heard that Mario Draghi had accepted a mandate from the President of Italy to form a new Italian government. But upon a little more reflection, I realized that Mario Draghi may well be “the poor man,” but for Italy he probably represents a once-in-a-lifetime opportunity. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
The Corona-shock has put enormous pressure on wages. Rising unemployment is shifting the balance of power further in the direction of employers who – with their micro-economic mindset – are eager to cut wages as much as possible. …
