Write to us

Email*

Message*

Send

«A revolution will never be possible in Brussels, because we all know each other» «A revolution will never be possible in Brussels, because we all know each other» «A revolution will never be possible in Brussels, because we all know each other»

Economics

21 results

10 December 2024

Ursula and Merz: make us laugh! The two Germans are convinced that they can play Trump cleverly. The first imitates the moves of Junker, who proposed buying more soybeans from the US to distract Trump, and suggests that the EU buy more US LNG to avoid tariffs. The latter lives in a parallel universe and even fantasizes about a trade agreement with the US. Poor Europe is now a continent victimized by itself. And to think that the damage caused by the tariffs could be largely covered by issuing common debt for at least 40 percent of European GDP is unbelievable.

10 December 2024

God willing, they may begin to awaken from their long hibernation. Badger Europe may begin to realize what is taken for granted elsewhere. In some frugal countries, such as Denmark, the need for a common debt is beginning to sink in. And in Germany, the taboo on debt brake reform is beginning to fall. Who knows if Merz will slowly come around. There is no hope for Ferber, for whom austerity is a religion

09 November 2024

SOS Europe, Help! Some Germans are still struggling to open their eyes. And in the hope that Trump won’t do what he says, they are still fantasizing about unrealizable things. Like CDU secretary general Carsten Linnemann, who fantasizes about free trade agreements between Europe and the U.S. instead of thinking about how to strengthen domestic demand. If they continue their obsession with austerity this time, they will not only lead Greece into the abyss, but Germany itself and the whole of Europe. Let us hope that Weber and the true Catholics in the EPP will be able to open the eyes of their compatriots

16 October 2024

The return of austerity? – 2025 will be a decisive year for the Continent’s economy. The usual suspects will have to comply with the new rules: Italy is required to improve its structural primary balance by about 1.08 per cent of GDP per year to meet the new parameters. France and Spain will have to make an annual adjustment of 0.94 and 0.89 per cent of GDP, respectively. Blood and tears again, like ten years ago

01 October 2024

What do we do with the Chinese, tax them on electric cars or not, who knows! Some yes, some no. As usual, there is a nice little theatre going on in the INTA committee of the European Parliament

27 September 2024

While many sectors of German and Frugals’ politics are obsessed with green craziness (like stopping the production of endothermic engines from 2035) and insist on obstructing a common European debt, as opposed to what would be needed to revive a real European industrial policy and stimulate domestic demand, American politics is mapping out its own industrial future at the expense of Europe. Explain that to Lindner, Merz and Ferber that are causing an economic recession and in the end give votes to AfD. Teutonic flexibility is well known, as is the damage it has already repeatedly done to Europe and its unity. ….

19 September 2024

The EPP invites Draghi to present the report on competitiveness in Parliament, pretending to support it. However, they become divided over the issue of common debt, with the hawk Ferber making it clear that it’s not up for discussion. Meanwhile, the Greens also voice their concerns about the backtracking on decarbonization efforts

Tariffs to discourage imports of electric cars from China go into effect today, albeit provisionally. Scholz’s government opposes them in order not to damage the exports of Volkswagen and BMW. It is a game that will make it more difficult for Ursula von der Leyen to become President. The Chinese strategy is to invade the Old Continent through dumping and significantly lower prices. The Germans are producing in China, so Berlin’s cars are likely to suffer the same fate. What the White House does not accept is the maximum transfer of know-how between France, Germany and the Dragon

Germany, Europe’s super-engine, is breaking down – Berlin is flagellating itself over austerity measures that hurt everyone. The ongoing dispute over increased public spending in the federal executive is preventing agreement on the 2025 budget and is emblematic of a Germany that is slowing down to defend the “debt brake”. The same dynamic is repeated in the EU. Germany wants to preserve its hegemonic role by rejecting the common debt, even if only to finance defence spending, as proposed by the European Commission

Thucydides trap… EU style – If hostile bilateralism between China and the United States prevails, as it seems the case, the old Continent would be the most affected being unprepared, vulnerable and not credible without a common foreign policy. The forming new balance of power in Brussels still won’t solve the issue

The thousand lives of Mario Draghi – Supermario shakes up the Union by proposing ‘radical change’ to compete with China and the United States. During the presentation of his report on European competitiveness, the former president of the ECB shows he’s a major candidate for a leading role after the elections, with a broad consensus, from Macron to Orbán. The key point of his speech seems to be that there’s great need for more industrial integration. Easy to say, harder to achieve

With no more gas from Russia and no booming exports to China, and with war on Europe’s doorstep, Germany’s CDU/CSU and FDP insist on the cry of austerity, this time taking Germany down with it, not just a few European countries. Coincidentally, these parties insist on nominating austerity obsessives as Markus Ferber (EPP coordinator in ECON) and other hawks like him to the European Parliament. They call themselves moderates, but instead they push extremism. God bless Europe!

24 January 2024

The kings of state aid – Germany and France together account for almost 80% of Europe’s €672 billion approved programmes in 2022, despite representing just over 42% of the bloc’s GDP. A significant discrepancy that leaves 25 of the EU’s 27 countries behind. Italy comes third, receiving around 8% of the subsidies, even though its industrial production is higher than that of France (16% compared to 11%). So much for the free market!

1 of 2