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Hilmar Þór Hilmarsson

Hilmar Þór Hilmarsson is a professor of economics at the University of Akureyri, Iceland and has held numerous visiting scholarships, including at the University of Cambridge in 2017 and 2018. He served as a specialist and co-ordinator with the World Bank Group in Washington DC from 1990 to 1995, at the World Bank office in Riga from 1999 to 2003 and in its Hanoi office from 2003 to 2006.

Drinking the blood of Ukraine: east-west competition for a country in crisis

Hilmar Þór Hilmarsson

The bizarre recent phone conversation between the president of the US and his counterpart in Ukraine returned to the public mind a neglected country with a frozen conflict.

Iceland Alone and Latvia Captured

Hilmar Þór Hilmarsson

Two small countries, Iceland and Latvia, were severely affected during the global crisis in 2008. Iceland was the first to be hit and Latvia the

Economic Austerity And Outward Migration

Hilmar Þór Hilmarsson

Since independence in 1991 the Baltic states have implemented neoliberal economic policies with weak social systems and income and wealth distribution that is among the

Exit, Brexit, Voice And Loyalty

Hilmar Þór Hilmarsson

When thinking about the state of affairs in Europe, including post-crisis developments and Brexit, Albert Hirschman’s classic book Exit, Voice and Loyalty comes to mind.

Small States Under Pressure

Hilmar Þór Hilmarsson

It is not always easy to be a small state in a global world. Many small states seek shelter, some by building alliances with larger

Baltic Austerity And Euro Area Contagion

Hilmar Þór Hilmarsson

I lived in Riga, the Latvian capital, from 1999 to 2003 just before the Baltic States became European Union member states in 2004. EU membership

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A more strategic Europe? Risks and opportunities for the world of work

Europe’s ambition to achieve strategic autonomy is at risk of being undermined from within, according to the annual flagship report by the ETUI and the ETUC. Despite signs of macroeconomic resilience, weakening investment, stalled decarbonisation and growing labour market fragilities are eroding the very foundations on which Europe’s power depends. Once again, the Benchmarking Working Europe 2026 report stands out as an invaluable resource, providing a comprehensive set of indicators illustrated through more than 60 graphs and tables, with analysis from ETUI researchers.

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Is financial resilience and trust in Europe faltering?

In this episode of Eurofound Talks, host Mary McCaughey and senior researcher Eszter Sandor unpack the results of the 2025 Living and Working in the EU e-survey. While headline inflation has stabilised at 2.1%, the data reveals a continent gripped by chronic precariousness, with 57% of respondents now at risk of depression. Mary and Eszter explore how this economic insecurity is impacting institutional trust and democratic engagement.

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The Spring issue of The Progressive Post is out!

In geopolitics, 2026 is challenging our certainties: from the abduction of the Venezuelan president, over the open US threats to 'take' Greenland, to the US-Israeli war on Iran. This issue tries to determine what comes next, debating power politics in the 21st century. We also examine the European Commission's first Anti-Poverty Strategy as well as the EU's need for proactive adaptation measures, exploring the legislation, resources and mechanisms to climate-proof our future.

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WSI Minimum Wage Report 2026

Minimum wage policy across Europe has shifted significantly, with many EU countries raising wages above average and anchoring them to adequate living standards. This trend is consolidating as countries increasingly adopt the reference values recommended in the European Minimum Wage Directive — recently upheld by the European Court of Justice.

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WSI Minimum Wage Report 2026

Minimum wage policy across Europe has shifted significantly, with many EU countries raising wages above average and anchoring them to adequate living standards. This trend is consolidating as countries increasingly adopt the reference values recommended in the European Minimum Wage Directive — recently upheld by the European Court of Justice.

DOWNLOAD THE PAPER

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