Is it pure coincidence or intentional: the EU Commission is announcing a so-called deficit procedure against France and other countries at precisely the time when France is being sent head over heels into a national election by its president, because his political camp has lost massively in the European elections and the nationalists have won massively. …
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted to only 2.4 per cent last year. …
Words can hardly describe what is currently happening in Argentina. The man with the chainsaw has actually won the presidential elections by a landslide. Javier Milei, the self-proclaimed anarcho-capitalist, has chased the ruling Peronists out of office and, if he even halfway fulfils his “election promises”, …
The data on price trends in Europe are more than encouraging. The inflation rate at consumer level in the European Monetary Union (EMU) was only 2.9 percent in October. According to Eurostat, producer prices were down 12.4 percent in September compared to September of last year. …
