Debt ‘Chokes’ Eurozone/EU

After the end of the Covid-19 pandemic, both the Commission and the governments of the euro area member countries will face thorny problems in their management such as dealing with the growing debt, public and private respectively, which is currently accumulating with the help of the ECB and the member countries that “absorb” it to …

Magic Picture the Drastic Reduction in the Percentage of Bankrupt Businesses in the EU

The repeated economic shutdowns and social dimensions imposed on EU member countries during 2020, which will continue into the second half of 2021 and until 70% of their populations are vaccinated, have caused untold damage to millions of businesses (family, small and medium-sized and large) in the catering-hotel sectors, tourism, air transport, retail trade, etc. …

Innovation as a Leader in Economic Development and What Is Needed to be Successful

Innovation is commonly defined as the “carrying out of new combinations” that include “the introduction of new goods, … new methods of production, … the opening of new markets, … the conquest of new sources of supply … and the carrying out of a new organization of any industry”. (Wikipedia). So, when innovative ideas are implemented, …

The Reasons Why Inequality Between Rich and Poor Countries Is Constantly Increasing

As the Food and Agriculture Organisation of the United Nations (FAO) has recently pointed out, low-income countries with few resources, weaker public health, social protection, hygiene, and problematic public services than developed countries are facing exceedingly difficult situations in dealing with the health crisis and its economic impact. by Thanos S. Chonthrogiannis ©The law of …

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