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Occupy Davos

Angela Merkel gave the opening keynote of the annual meeting of the World Economic Forum in pretty Davos yesterday. In her speech, she advocated the European fiscal pact (cap on budget deficits) and...

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The EU as a p(e)acemaker

One night after Christine Lagarde and Schaeuble fought about the necessity of austerity measures, the EU has been awarded the Nobel Peace Prize for “contributing to peace” in general. On first sight,...

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