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The Weekly Financial Digest Insights

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Athens, May 12, 2025

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www.treko.gr Volume 1

Issue 32

Articles and Ideas - Gain insight on the subjects that are important to you.

Opinion

The fact that the GSM mobile communications standard was successfully established as a global standard in the 1980s was due to joint European action and a single important decision.

List-ing the 'Cans' of the Mercantilists And where Trumpism sits in historical terms By: Michael Every

This report will sketch out mercantilism’s origins and logic, how free trade’s own contradictions then led back to neomercantilism and what we dub Merkelcantilism.

Find out more.

Spotlight

The economic consequences of major tax cuts for the rich By: David Hope, Julian Limberg

The last 50 years has seen a dramatic decline in taxes on the rich across the advanced democracies.

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Digitalization “made in Europe” is the last chance By: Daniel Stelter

In the 1980s, Europe succeeded participants to use the system in establishing a global and facilitated its international standard. The GSM mobile distribution. communications standard For Alexander Markowetz, began its triumphant advance. professor of computer science at At the beginning of the process, the University of Marburg, the it was by no means certain that GSM example shows what it would be able to compete would be possible in Europe with the technologically and today. The digitalization of financially strong US business, society, and public competition. The fact that GSM administration is only just was nevertheless successfully beginning, and although we – established as a global standard especially in Germany – are was due to a joint European obviously not among the approach and, above all, to the pioneers, Markowetz is focus on defining standards. convinced that the race is not These enabled various market over yet.

Together with Kristian Kersting, Professor of Artificial Intelligence and Machine Learning, and Dominik Michels, Professor of Intelligent Algorithms in Modeling and Simulation – both of whom teach at TU Darmstadt – Markowetz has presented an analysis that shows how important the establishment of a Ministry of Digitalization in Germany is to finally advance the process of digital transformation.

Continue Reading.

EU, Europe Pharmaceutical companies use Trump to put pressure on Europe Amid the threat from the American president to impose tariffs on healthcare drugs, pharmaceutical companies are advocating for a price increase, claiming that treatments are not compensated fairly on the European continent.

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