Article
EU's Kallas Says No Progress On Zelensky's Cash Infusion For Patriot Missiles
EU's Kallas Says No Progress On Zelensky's Cash Infusion For Patriot Missiles
On Wednesday EU leadership revealed that the Zelensky government has formally asked the European Commission to provide several billion euros from the EU’s €90 billion ($105 billion) support loan to purchase US-made Patriot air defense missiles.
European Commission President Ursula von der Leyen announced just ahead of a meeting with NATO Secretary General Mark Rutte, "It is worth several billion euros and would cover Ukraine’s air defense needs, including high-end PAC-3 air defense systems."
via EU Council
At the same time, the EU’s...
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Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
Submitted by Thomas Kolbe
Friedrich Merz does not make it easy to interpret current economic data correctly. The debt king from Brilon is not only distorting the statistics with his “special (debt) assets”: More than 320 billion euros in direct and indirect state subsidies are flowing, according to Freiburg economist Lars Feld, through subsidy channels that are penetrating ever deeper into the German economy. Artificial economies are emerging there, economic homunculi that will remain permanently dependent on the taxpayer.
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