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The Bailout Business. Who Profits?

February 26, 2017 by Staff Reporter

Wolfgang Schauble

The Bail Out Business, a new report published by the Transnational Institute (TNI), reveals how rescue packages for EU banks have become a business benefiting a small group of audit and financial consultancy firms. According to EU data, bail out packages have led to losses of more than 200 billion euro up to 2017. TNI […]

Filed Under: Business, ECB - European Central Bank, Finance

British Deal Resurrected Spirit of Thatcher, Says Zimmer

February 24, 2016 by Staff Reporter

Gabi Zimmer, MEP(DE), GUE / NGL

During a debate at the European Parliament Plenary session in Brussels, GUE/NGL President Gabi Zimmer questioned the priorities agreed upon at so-called ‘Brexit talks’, she said, “The result of an internal Conservative Party squabble took the EU so far that an essential pillar, the social pillar has been gravely damaged. We are on the route […]

Filed Under: European Parliament, The Left

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