Global recovery or hyperinflation?

The whopping € 5.4 trillion is money that households in most countries of the world have saved and amassed since the start of the pandemic, when their spending was forcibly cut due to economic shutdowns and consumer concerns about their work and income. Differences between rich and poor countries, as well as between different income […]

Germany: court gave green light to EU Recovery Fund

A German court on Wednesday morning gave the green light for the payment of 750 billion euros from the emergency recovery fund of the European Union, dismissing legal objections and requesting precautions against it. The Constitutional Court of the Federal Republic of Germany now allows the Berlin government to pass legislation to ratify the Recovery […]

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