European economy falls into worst recession on record

posted in: European Union, News

Getty Images The European economy has fallen into its worst recession on record as strict quarantine measures earlier in the year to stop the spread of the coronavirus brought economic activity to an abrupt halt. According to figures released on Friday by … Read More

Every Step the EU Takes Toward Financial Unity Sows New Seeds of Its Potential Collapse

Collage sources: EU Website NEW YORK (IDN) – Samuel Beckett’s “Waiting for Godot” is a play featuring two characters waiting for a character, Godot, who never arrives. As such, it is a useful metaphor for the goings-on of the European … Read More

The UK, German and Italian economies are all tanking at the same time

posted in: European Union, News

| Business Insider –Three of Europe’s largest economies are under threat of recession, which could spell a crisis across Europe. –Dozens of companies in Germany have turned to “short-time” work — cutting employee hours — a canary in the coal … Read More