With its latest budget, the EU Commission shows off its creeping super-state agenda. If this budget is passed, only a full-fledged tax system remains to complete the project.
Tariffs take the heat for U.S. inflation, but EU data blows that theory apart.
Instead of austerity in a recession, France and other deficit-ridden EU states should try fiscal stimulus as a means to end their economic standstill.
Sweden, one of Europe’s most entrenched socialist welfare states, is falling behind conservative Hungary in essential economic categories.
Economic theory promised that free trade would bring new levels of prosperity to Europe. That did not happen. The continent needs a Trump-style rethinking of its economic future.
The U.S. president took credit for ending high inflation, but his push for low interest rates risks bringing it back, worse than before.
It would be surprising if even half of the European NATO members could expand defense spending as much as the alliance requires.
Rising defense spending will cause fiscal fights in many NATO countries. In Spain, the tension between social benefits and military outlays is perhaps more pointed than anywhere else.
As many EU states still feel the burn from 2022’s inflation peak, new policies risk reigniting the fire.
The EU Commission has decided to terminate its deficit procedures against Budapest. If there is one economy in Europe that does not need EU oversight, it is Hungary.
In a stunning admission, the central bank concedes that more public debt is the only path to more economic growth in the euro zone.
Citizens’ needs won’t be a priority once national leaders are beholden to their fiscal overlords in Brussels and Frankfurt.
