EU economics. If I paint a bison on the wall, I’ve actually almost hunted it
The European Union is not in crisis, but has a long-term problem, says Miroslav Singer, economist, former governor of the Czech National Bank, now director of institutional relations and chief economist at Generali CEE Holding. He does not want to guess what the world will look like “after Trump”, but he does not give Europe good prospects: If European elites do not realise that many regulations need to be lifted and the ageing population needs to be addressed, we will face a process of impoverishment. But this, he says, may be quite socially bearable. ...
