FEPS Fresh Thinking

Archives for wages – trichet – competitiveness pact – crisis – indexation – consumption – inflation

The recent peremptory statement of the President of the European Central Bank (ECB) on the increase of wages (“the worst thing to do at the present moment”) illustrates the point at which the “TINA” (there is no alternative) mentality came into being in European economic circles. Therefore, there would only be one way to exit… » read more

Posted by Ernst Stetter