The Left party landed a historic victory in the German state of Thuringia, preliminary results showed for the regional assembly. The far-right AfD also marked a successful night, overtaking Angela Merkel's CDU.
ITALY’S volatile political situation took another surprise turn with a right-wing coalition candidate winning local elections in the traditionally centre-left stronghold of Umbria to give a fresh boost for Matteo Salvini’s League party.
Mario Draghi has emptied his locker of Monetary manipulations and QE and still the EU Economies are mired in recession.
Monetary Policy enables low interest rates.
No matter how low interest rates ,If there is no business confidence, there will be little borrowing. Monetary Policy is a failure.
The solution to the problem of a stagnating economy is Direct Fiscal Intervention, into infrastructure and Productive Industry.
This creates employment and money filters into all sectors of the economy and stimulates economic activity.