Child benefit payments transferred from Germany to foreign bank accounts climbed to all-time highs last year, reaching nearly a half a billion euros, as the country’s foreign population continues to balloon. Data from the Federal Employment Agency, released following an information request from the anti-globalist Alternative für Deutschland (AfD) party, has revealed that 459 million […]
While short-term adjustments in spending can boost government efficiency and eliminate wasteful programs, a permanent solution to economic stagnation and unending budget deficits must focus on the ideological core of the welfare state.
The Spanish will be, along with the Japanese, the only citizens of a large, developed economy who will end 2022 poorer than in 2019. Although Spain’s economic growth rate for 2022 is higher than both the global and Eurozone average, growing more than anyone is not enough, after having fallen further than everyone else.
After failing to achieve independence from Russian gas in the short term, German Minister of Economy Robert Habeck blocked the sale of the German subsidiary of Russian energy company Gazprom, and put it under state controlled trusteeship to ensure security of supply.
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