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)
Economics
Ann Pettifor: Britain’s flagging economy: is Brexit to blame?
“However, the evidence shows that—to date—it is austerity, not Brexit, that has had the most negative long-term impact on the British economy.” Read here
EU politics
Chris Dillow – Stumbling and Mumbling: The intelligent state
The best way to help workers is to create conditions which increase their bargaining power – which give them the option of using Johnny Paycheck’s words: “take this job and shove it”. Read here
Economics
Bill Mitchell – Corporate profit greed is driving inflationary pressures
Corporations highly destructive market power is key to the inflation crisis. Read the article here.
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