Now is the time for us to connect government incursions into our spiritual lives with its incursions into our economic lives.

Compared to the American economy, Europe is slow to get through the post-pandemic recovery, but these GDP numbers show that it is actually happening—almost everywhere, that is. The paltry numbers out of Germany, Italy, and Spain, three of the largest economies in Europe, tell us that these three countries have become a drag on the European economy.

Although this new minimum-wage agreement is not legally binding, it will in all likelihood be treated as such by the EU institutions. We can expect the price floor on labor to be frequently updated and rise regardless of whether businesses can afford it or not.

There are more signs of a possible new debt crisis in Europe.

Doctors treating the boy said they “believed he was brain dead” and therefore should no longer be kept on a ventilator.

During a June 12th meeting in Helsinki with Finnish President Sauli Niinistö, Secretary General Stoltenberg made clear that the Turkish demands on the two Nordic countries are legitimate.

As Croatia’s lawmakers enter the final stretch toward euro membership, it is essential that they understand exactly what happened in Greece, and why. In five short years, 2009-2014, the Greek economy imploded: one quarter of it vanished. This was a direct result of the austerity packages that the EU and the ECB forced upon the government in Athens. What will Croatia do to avoid ending up in the same trap as Greece?

A debt crisis sweeping across both continents has the potential of bringing about a new global depression. Governments have no room to use fiscal policy to mitigate the crisis; their monetary policy capabilities have already been depleted in responding to the recent pandemic. Yet there was no mention of this threat in Davos.

Bloomberg suggests that consumers “sitting on 700 billion-euro ($753 billion) cash” is reason enough to predict macroeconomic resiliency in Europe, but this report is contradicted by findings by Eurostat on retail trade in the euro area and the EU as a whole.

Hungarian inflation is expected to top out at 11% later in the year, with central-bank interest rates in the 7.5-8.5% bracket.

Capitalism does not destroy other values, nor does it come without respectable merits. Quite the contrary: the profit motive has elevated human existence to unprecedented levels. We can feed more mouths, cure more of the sick, educate, and elevate more people than we have ever been able to do. The problem lies instead in the fallibility of human nature.

The demand from Ankara for Hultqvist’s resignation comes at the same time as the center-right opposition in the Riksdag, the Swedish Parliament, has demanded a vote of no confidence for Minister of Justice Morgan Johansson.