The UK Competition and Markets Authority delivered a major blow to the efforts of Sainsbury Plc to acquire Asda, the WalMart-owned grocery competitor. The deal would have created…
GDP per Hour Worked and Labour Market Reforms
If anything is to be learned from the contrasting experiences of Germany and Greece, it is that there is rarely a policy in economics which is always correct or universally applicable…
Chart of the Week: Italian and Greek Non-Performing Loans vs Public Debt
The chart demonstrates that, although Italy and Greece share a similar narrative in terms of poor loan performance across business, personal and residential loans; they have experienced widely differing outcomes. This reflects….