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If things continue on their present course, there is no indication that in the foreseeable future the Eurozone inflation rate could start performing its desirable role again and could signify, or probably even trigger a new period of economic expansion. If the European Central Bank continues resisting the pressures for substantial monetary quantitative easing, the […]
Last Wednesday the European Commission presented a ground-breaking communication for a “European Industrial Renaissance”. With it, the EU’s executive arm “is urging Member States to recognise the central importance of industry for creating jobs and growth and to mainstream industry-related competitiveness concerns across all policy areas”. The truth is, however, that industry doesn’t play the […]
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