Any financial system reform for the European Union that involves creation of a transfer union, putting Europe’s prudent countries on the hook for profligate counterparts, faces a few rather large obstacles in Central and Eastern Europe. That’s according to the new analysis from the Leibniz Centre for European Economic Research (ZEW) in […]
Who says environmentalism isn’t funny? Yes, it’s all true: prompted by worries over global warming, scientists are working to breed sheep with more efficient digestive systems, in order to reduce methane emissions emanating from their ovine flatulence, colloquially known as sheep farts. The initiative, […]
By Dr. Barbara Kolm, Austrian Economics Center Unprecedented. This is quite possibly the best word to describe the recovery measures the European Union has come up with over the weekend to thwart the dramatic economic effects COVID-19 will have on the continent. As part of the Recovery Fund program, EU leaders have agreed to […]
