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)
Last week, the Federal Statistical Office in Germany presented its first estimate for 2020’s gross domestic product (GDP). The statistical service forecasts a decline in economic output during the year of the coronavirus at 5%. In its press releases, …
Cross-posted from Makroskop and Brave New europe
Translated and edited by BRAVE NEW EUROPE
We are the strong, the others are the weak. The Dutch-German mantra is not only arrogant, it’s stupid. Whoever utters it only shows that he has not the slightest idea of co-operation between nations. …
In Zeiten hoher Unsicherheit muss die Politik sich auf wenige stabile Muster in den sozialen und wirtschaftlichen Beziehungen besinnen, um zur Verminderung der Unsicherheit beizutragen. Aber auch das ist schwer, weil es eine derartige Vollbremsung und einen Schock dieser Art noch nie gegeben hat. …
