Despite increasing profits private investment remained weak in Europe as firms directed their profits to financial speculation (Tori and Onaran, 2017). Not only high dividend payments but also increasing financial revenues of firms due to their surging financial activities crowd out private investment in physical machinery and equipment. Perversely, financial activities do not automatically provide more funds for productive activity.
Belgians resigned but not yet panicking as prices continue to rise
2022: Pathway to reconstruction – EURACTIV
EU sees strengthened partnership with US vital for global recovery – EURACTIV
A Europa sob teste de alta voltagem – PUBLICO
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