Under the bonnet, Germany is stalling
When Chancellor Merkel visits New Zealand or speaks at the G20, she will of course try to portray a very different image of her country.
When Chancellor Merkel visits New Zealand or speaks at the G20, she will of course try to portray a very different image of her country.
Whether Juncker’s political career will come to an abrupt end now depends entirely on whether he can sufficiently distance himself from the Lux Leaks revelations.
The ECB’s big experiment with negative interest rates is finally reaching ordinary people and two things are ironic about it: First, that it was a bank with a hint of gambling in its name which finally drove this message home.
Next time you visit a politician’s Facebook profile or Twitter account, do not be fooled that their working days consist mainly of kissing babies, cutting ribbons or speaking in Parliament.
Land regulations are a cost and concern to New Zealand businesses, and they are probably a factor affecting the cost of living through land prices and competition effects.
If you are a gold bug, and if you think the majority of the Swiss are too, you might want to consider adding some of the yellow stuff to your portfolio.
We need a local government finance system that rewards councils that go for growth and punishes those that inhibit development.
The current local government finance system might in fact incentivise a council against development.
The eurozone has long been stuck in an economic cul-de-sac.
Okay, so economists disagree on complex questions.
© Dr Oliver Hartwich