French President Emmanuel Macron accused the “Frugals”, i.e. the Netherlands, Austria, Denmark, and Sweden (during the last European Council summit, Finland also joined this group) of “acting like Brexit Britain.” Dutch Prime Minister Mark Rutte had demanded a smaller proportion of grants – handing out money without having to repay it – instead of loans awarded by […]
In order to respond to COVID-19 and the economic collapse that we are experiencing as a result of the lockdown measures, the European Commission has laid out an ambitious program to tackle the situation. During the European Council meeting on June 19, EU heads of state and government were not able to find common ground […]
On October 15th, Austria held its parliamentary election following the breakup of the coalition between social democrats and the center-right OVP. With a public debt-to-GDP ratio of 85 percent, continuous deficit spending, and rank 16 in the richest countries with the most wasteful government spending, you’d think that Austrians would be demanding an approach which comes closer […]
