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
ING: Poland’s GDP growth decelerates sharply in the second quarter
According to the preliminary estimate, GDP in the second quarter grew by 5.3% year-on-year, compared to 8.5% year-on-year in the first quarter. The slowdown is worse than expected Read Here
Economics
Ahmet Yilmaz: Turkey’s Black Sea actions strategically benefit Russia
Three important Turkish moves in the Black Sea have strategic consequences in Russia’s favour: Turkey’s interpretation of the Montreux Convention; its policy on drifting sea mines; and its design of the Black Sea Grain Initiative. […]
Economics
Rowland Atkinson, Andrew Baker: From Stagflation to Stagffluence
The Hollowing Out of the Rentier Economy. In a year defined by a cost of living crisis causing enormous hardship, the sharply split experiences of affluent and straining households are characterised by a polarising form […]
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