Economy


  • 27-October-2016

    English

    Labour mobility in the European Union: a need for more recognition of foreign qualifications

    Labour market mobility in the European Union is increasing, but it remains too low to provide sufficient adjustment in the face of diverging labour market developments.

  • 27-July-2016

    English

    Making public finances more growth and equity-friendly in the euro area

    To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.

  • 27-July-2016

    English

    Priorities for completing the European Union's Single Market

    To support the recovery, structural reforms that yield short-run as well as long-run gains should be prioritised.

  • 5-July-2016

    English

    Fiscal policy in the euro area: in the current juncture, don’t apply sanctions

    The European Commission will assess again the fiscal situation of Portugal and Spain, and decide whether to recommend to the Council that the Excessive Deficit Procedure be stepped up for those countries, exposing them to various sanctions. This momentous decision can have major consequences for the countries concerned, but also wider implications.

  • 1-June-2016

    English

  • 18-February-2016

    English

    Elusive global growth outlook requires urgent policy response

    Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.

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  • 28-April-2015

    English, PDF, 2,341kb

    Structural Reforms in Europe: Achievements and Homework

    This note provides a summary assessment of Europe’s structural reforms including countries’ responsiveness to reform recommendations in recent years, a quantification of the economic impact of reforms, and structural reform priorities going forward.

  • 24-April-2015

    English

    Structural Reforms for Growth and Socio-Economic Cohesion

    It is a great pleasure to have the opportunity to address this Informal ECOFIN. I’d like to thank the Latvian Presidency for inviting me to speak to you and for their excellent leadership.

  • 31-March-2015

    English

    Policies to revive growth and put European countries back on a sustainable path - European Parliament ECON Committee

    Last time I addressed the Committee in November 2013, we were still in crisis mode. Two weeks ago, the OECD released its Interim Economic Outlook and it seems that the Spring of 2015 has brought encouraging signs for the global economy. Lower oil prices and widespread monetary easing have raised the potential for the acceleration of growth that is so needed in many countries, especially in Europe.

  • 18-March-2015

    English

    Low oil prices and monetary easing triggering modest acceleration of global recovery

    Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.

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