Since the announcement of the European Central Bank’s Outright Monetary Transaction Programme (OMT), lending rates for Eurozone countries in high levels of debt have sunk to a level that cannot be justified by…
After the dramatic negotiations surrounding Greece’s debt crisis in July, European leaders launched a new aid programme for the ailing country. What does this mean for the future of the eurozone?
With a minimum wage in effect for Germany since the beginning of the year, it's time to take preliminary stock of its impact. Has the statutory minimum wage led to job cuts, as many critics feared? At first…
The news that Germany's Minister for Economic Affairs, Sigmar Gabriel, had formed an expert commission to develop proposals for bolstering investment in German infrastructure is a welcome sign. While the size…
One man's meat is often another man's poison. An example of this somewhat old-fashioned maxim can be found in today's interest rates. While high-debt nations and homebuilders celebrate the historically low…
An eventuality that was long feared is now reality. The Greek electorate no longer appears willing to accept budget cuts and economic policy reforms. Voting in droves for Syriza, the Greeks have chosen a party…
Public debate concerning Luxembourg and its tax tricks has focused first and foremost on the individual responsibility of Jean-Claude Juncker. This was perhaps to be expected. Yet there is a danger that the…
