The death of small business is a big deal for the EU

Overzealous regulators are working at cross purposes with the ECB. Their efforts are slugging small businesses, fuelling deflation and stalling a much-needed source of growth.

As The Economist recently observed in a piece titled “The world’s biggest economic problem", the threat of deflation remains as likely as the sun coming up. Matters have recently been made much worse as Russian maneuvers in the Crimea have not only drawn military responses, but also a stalling of core EU growth.

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