ECONOMIC AFFAIRS EU economies locked into long-term low growth
Regular News Weekly readers will be aware of this writer’s views about the problems of Europe. Now it’s time for an update. German Chancellor Angela Merkel As time passes, more emerges to help explain the continuing strange behaviour of those operating the economic and political levers of the European Union. In practice, we are talking about the power elites of Germany and the European Commission. (The latter, based in Brussels, was set up as the bureaucracy to serve the EU.) This unelected agency, with German support, now charts the direction of the European integration experiment. Though its original purpose is…
