Holzmann recalled that, back in the 1960s, the FPÖ was the first party to back Austrian membership of the European Economic Community, which evolved into the EU. In this respect, frequent comparisons to the Alternative for Germany (AfD) party, which started out as a Euroskeptic party and turned into political home for right-wing extremists, may … Read more
“Recent moves to delay and dilute vital regulatory protections reflect a worrying trend where ‘competitiveness’ is repeatedly used as a pretext to weaken essential safeguards against financial risks,” he said. Now, with Donald Trump returning to the White House in a matter of weeks, the future of the rules looks uncertain — which creates a … Read more
He appeared to get support on Thursday from the influential Bank of France Governor François Villeroy de Galhau, who argued that “the balance of risks on growth and inflation is … shifting to the downside,” and that possible U.S. tariffs are unlikely to change the eurozone inflation outlook in particular. The ECB cut its benchmark … Read more
