Lately, rents and residential real estate prices in most areas have known only one direction: steeply upwards. But while citizens groan under the exploding costs, officials at the ECB have paradoxically been complaining about too low rates of inflation for a long time, writes Sven Giegold. This is in part because housing costs have so far played only…
The Board of Directors of the European Investment Bank (EIB) has this week approved a total of €2.4 billion of new financing to improve public services, upgrade infrastructure and strengthen private sector investment. · €905 million new financing for rail and road transport projects across Europe · €1 billion for business investment and corporate…
