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The European Central Bank’s latest strategic assessment ignores critical lessons, perpetuating a harmful economic myth and undermining labour’s vital role.

For decades, Europe’s workers have been told to trust in the neutrality…

He has also frequently raised concerns about the outsized impact the clean energy shift will have on his home country of Czechia, which still uses coal power and is poorer than other EU countries.

Last month, Knotek urged the EU to abandon the 2040 target while explaining his vote against…

The senior U.K. official, who spoke to POLITICO on condition of anonymity, added that the government was keen for the British public to start seeing the benefits of the new agreements before the run-up to the next general election.

It comes as the European Commission on Wednesday published…

“This will leave increasingly little fiscal space for benefits targeted at mitigating poverty, insuring against income shocks, and supporting labour-market reallocation,” the OECD warned. 

In many cases, the most pressing issue is the cost of the state pension system: the U.K.’s…

‘Very bad’ idea

The idea of taxing turnover instead of profits is “very bad,” said Zsolt Darvas, a senior fellow at think tank Bruegel. One problem is that it hits sectors with very different profit margins.

Another issue is that the tax is regressive, putting firms with…