There shouldn’t be anymore disagreement over the utter failure of European economic policies – debt levels are not exactly going down, unemployment (especially for young people) is way to high, growth is non-existent (0,5% for the Netherlands is considered a success!) and worst of all, deflation may be around the corner, making all of the problems above much worse. 322 more words
Tags » Eurocrisis
Some commentators (notably Ambrose Evans-Pritchard) have warned for a long time Italy is the elephant in the room, and not only because its companies are competing directly with Chinese companies (and quite likely losing out).
There is a lot of sabre-rattling in international politics. First, the US and EU tightened sanctions against Russia and now Russia retaliates with a set of sanctions of its… 279 more words