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Towards a European Labour Model

It is now proverbial that the coronavirus recession was better managed from the point of view of macroeconomics than the previous major crisis in Europe: that of the eurozone. Austerity has been by and large avoided, and social cohesion has been better preserved through solidarity at all levels. Where the distinction has to be particularly […]

A third landslide victory for Malta’s Labour Party

Against the background of rising fuel and energy prices, a post-pandemic era and a new reality of geopolitical turmoil, the Maltese Labour government continues to demonstrate that austerity is not the answer to a crisis. Over the past two years, it focused on the well-being of its people, with a strong health and welfare system, […]

Watershed at Maastricht

Europe would never again be the same. The Maastricht Treaty was a watershed event that transformed the lives for 500 million people. Signed thirty years ago, on 7 February 1992, by 12 member states, it opened the doors for enlarging the Union to 27 countries. It has created more economic stability, but left the system […]

Inflation in Europe and the path to high sustainable growth

In January, consumer prices increased by 5.1 per cent in the Eurozone compared to a year ago, setting a record-high since the single currency was created more than two decades ago. Still, the European Central Bank (ECB) forecasts that the inflation rate in the Eurozone will stabilise and gradually decline over the course of this […]

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