A 30% tariff would send the Eurozone economy to the edge of recession, with growth stagnating over the coming quarters.| Oxford Economics
By Austrian Member of Parliament Dr. Barbara Kolm (FPÖ– picture). She has served as the Vice President of the Austrian Central Bank and is also the the Director the Austrian Economics Center in Vienna. She also founded the Free Market Road Show, an initiative whereby conferences dedicated to free market economics are held in dozens of […]| Brussels Report
Since the 2007 financial crisis, the US has borrowed significantly more than Europe to fund higher public spending, which has contributed to faster economic growth in the US. But what about the future? Will the US continue to outpace Europe in borrowing?| Rangvid’s Blog
There is a great deal of euro-bashing circulating these days. The central argument is that Europe has been lagging the US economically, with an equally bleak outlook for the future. However, one often-overlooked factor is the significant role of massive borrowing—expansionary fiscal policy—in driving stronger US growth. When this is accounted for, the US’s apparent economic outperformance becomes less impressive.| Rangvid’s Blog
Newly released Eurostat figures reveal that public debt levels of the 20 member states of the Eurozone have now reached a record level of 88.7 percent of GDP, up from 88.2 percent in the previous quarter. Closely linked to this is speculation that the European Central Bank may well start cutting interest rates again, precisely to try […]| Brussels Report
Germany experienced little increase in unemployment during the Great Recession, and has found “internal devaluation” relatively easy and pain-free, unlike most other countries. Why ? So…| pseudoerasmus