Among the Member States for which data are available for the third quarter of 2023, Latvia (+0.6%) recorded the highest increase compared to the previous quarter, followed by Belgium (+0.5%) and Spain (+0.3%). The highest declines were recorded in Ireland (-1.8%), Austria (-0.6%) and Czechia (-0.3%). The growth rates compared to the same quarter of the previous year were positive for five countries, with the highest values observed for Portugal (+1.9%), Spain (+1.8%) and Belgium (+1.5%). The highest declines were recorded for Ireland (-4.7%), Estonia (-2.5%), Austria and Sweden (-1.2% both)
EU politics
Reuters: EU digital tax plan flounders as states ready national moves
Oh well. This is going the way of the financial transaction tax and stopping tax evasion. The EU is simply a neo-liberal organisation in service of the transnational corporations. Read here
Economics
Steven Hall: Why have wages been allowed to stagnate?
There are many reasons for stagnant wages but the most salient was the sell out by the leftist parties, in Europe the Social Democrats. Read here
Economics
ILO: As job losses escalate, nearly half of global workforce at risk of losing livelihoods
The latest ILO data on the labour market impact of the COVID-19 pandemic reveals the devastating effect on workers in the informal economy and on hundreds of millions of enterprises worldwide. Read here
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