Eurostat claims that GDP up by 0.1% in the euro area and stable in the EU. How did they do it? Just look at Ireland and its tax avoidance economy. 15.7% growth in Q4. The worst is, to achieve this they are depriving most other EU nations of tax income. That is EU prosperity.
Finance
Michael Roberts: Capitalism without capital – or capital without capitalism?
The control of intangibles by a small number of mega companies could well be weakening the ability to find new ideas and develop them. Monopolies on intellectual property is not only damaging for the economy, […]
Economics
People’s Dispatch: Austerity linked to over 1 million preventable deaths in EU
In 2022, over 1 million people in the EU died from preventable causes. Trade unions are urging increased public investment and wealth taxes to reverse the trend. Read Article HERE
Austerity
Bill Mitchell: The EU pronouncement of a Greek success ignores the reality
1. Real GDP has shrunk by 23.9 per cent since the crisis began and has been stuck around that mark since 2012. There has been virtually no growth at all since the trough was reached […]
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