In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2023, GDP had increased by 0.1% in both the euro area and the EU.
EU politics
Politico: Britain’s middle-class Brexit Anxiety Disorder
This sounds more like class conflict. For the traditional liberal elite, the political upheaval happening all around them is likely to be “incredibly anxiety-provoking.” Read here
Deregulation
Yanis Varoufakis: Globalisation is stuck in a trap. What will it be when it breaks free?
Globalisation has been caught in a steel trap of its own making. Its crisis is due to too much money in the wrong hands. Yanis Varoufakis analyses the world crisis and offers concrete solutions. Read […]
Uncategorized
ifo Institute: ifo German Business Climate Index Falls drastically
Sentiment among companies in Germany has worsened. The ifo Business Climate Index fell in December to 84.7 points, down from 85.6 points1 in November, the lowest level since May 2020. The decline was due inparticular […]
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