The European Citizens’ Initiative for a Basic Income
This post is also available in: Italian, Portuguese (Image by Stefan Bohrer)
by Daniel Raventós – Julie Wark
There are no precedents that can serve as a reference for Europe’s economic and social situation right now. The 2020 European Commission indicators show a drop of 8.3% for GDP growth, while the OECD sets the figure at about 9% for the eurozone. The country-by-country forecasts showing considerable inequality within the EU are calamitous and, with the resurgence of the pandemic and measures adopted in the last two months, the economic prospects for the coming months are even bleaker.