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)
Climate Crisis
Tom Brookes, Gernot Wagner: Economics Needs a Climate Revolution
With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today’s biggest problems. Change within the […]
Austerity
Bill Mitchell: Either the Eurozone as we know it is dead or Italy goes out – latest research
Research finds that if the technocrats start forcing Italy into austerity measures via a return to the Excessive Deficit Mechanism (and enforcement of the Stability and Growth Pact fiscal rules) then the majority of Italians […]
Climate Crisis
City Lab: ‘Uber Was Supposed To Be Our Public Transit’
Innisfil, Ontario, decided to partially subsidize ride-hailing trips rather than pay for a public bus system. It worked so well that now they have to raise fares and cap rides. Read here
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