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EU: Deutschland ist Haupthindernis auf Weg zu Politischer Union
Auf dem Weg zur Politischen Union sollte die EU nicht am deutschen, sondern am britischen Wesen genesen – und eine vollständige...
EU  europe  eurozone  uk  D  history  politicalsystem 
5 weeks ago by zesteur
The euro is the most dysfunctional currency ever created / Matthew Lynn (Spectator UK, 2019/01/02)
“You might think the euro-zone’s strongest economy would have strong banks. Think again. Shares in Germany’s Deutsche Bank have fallen by 90 per cent in the last decade, and just before Christmas it had to deny it would need a bail-out (which is the banking equivalent of having ‘complete faith in the manager’ of a football team). Meanwhile, the Italian banks limp from crisis to crisis and so do the Greek ones as a half-built currency destroys the profitability of an industry that should be one of the foundations of a prosperous economy.”
Euro  EU  EuroZone 
january 2019 by cbearden
Yanis Varoufakis’s European Dreams
To me what is now essential is for Britain — and this is possibly something Jeremy and I don’t agree on — to maintain freedom of movement. The Left should always fight to keep borders away and not to create new borders among people. So, for me a “Norway plus” solution would be ideal for Britain and even if that doesn’t happen, our New Deal for Europe, proposed by DieM 25, details how even after a hard Brexit [the UK breaking from all EU-related structures] British institutions and European institutions could coordinate in such a way as to simulate a European Union in which Britain is an integral and progressive part.
Europe  EU  politics  economics  Eurozone  EC  Italy  Greece  DiEM25  budget  finance  austerity  EIB  ECB  Syriza  MelechonJean-Luc  LePenMarine  SalviniMatteo  farRight  Brexit  Lexit  PeoplesVote  referendum  NorwayPlus  freedomOfMovement  dctagged  dc:contributor=VaroufakisYanis  interview  Jacobin 
november 2018 by petej
Conservative Merz says Germany benefits from 'weak' euro | Reuters
Asked what he would do about the euro's EUR= exchange rate, Merz replied that Germany had a "higher responsibility for European cooperation" as a result of what he saw as its gains from the single European currency.
germany  euro  eurozone  trade  economics  afoe 
november 2018 by yorksranter
3% de déficit : «Le chiffre est né sur un coin de table» - Le Parisien
3%? C'est un bon chiffre, un chiffre qui a traversé les époques, cela faisait penser à la Trinité
3percent  economics  maastricht  sagp  euro  eurozone  parametervalues 
november 2018 by yorksranter
How the fight over Italy’s budget could have been avoided. - Barron's
Yet the commission told Italy that it needed an “annual structural adjustment of 0.6% of GDP” because Italy’s economy had fully recovered and its debt was too high. According to the commission’s estimates, the “output gap,” which measures the state of the business cycle, has improved to -0.1% by 2018 from -4.5% in 2014. The commission forecasts that this indicator will rise further, to 0.5% by 2019, implying that the Italian economy will soon exceed its “noninflationary potential.”
italy  outputgap  eurozone  economics 
november 2018 by yorksranter

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