Hans-Werner Sinn

With its 2020 “taxonomy for sustainable activities,” the European Union found a way to use the European Central Bank to steer capital markets by directly subsidizing interest expenses for “green” investment projects

British Prime Minister Theresa May has confirmed it. The United Kingdom will, without a doubt, leave the European Union and negotiate new trade agreements. The question is what kind of agreement the EU will accept

Emmanuel Macron’s victory in the French presidential election sent a wave of relief and euphoria across Europe. But now a reality check is in order, because we do not yet know how the new president intends to restore the French economy. The country suffers from an unemployment rate of nearly 10%, and its manufacturing sector is still operating 12% below its level before the 2008 global financial crisis