Economy


  • 19-June-2018

    English

    Launch of the economic surveys 2018 of the EU and the Euro Area

    After years of crisis, growth in the EU has picked up momentum, and is projected to remain solid, at 2.3% in 2018 and 2.1% in 2019. EU-wide unemployment, at 7.1%, is now below its pre-crisis low, although unemployment rates remain above pre-crisis levels in countries like Greece, Spain and Italy.

  • 19-June-2018

    English

    Further reforms needed for a stronger and more integrated Europe

    The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area architecture and EU policies that would support greater European integration and ensure stronger, more inclusive long-term growth, according to two new reports from the OECD.

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  • 19-June-2018

    English

    Remarks to the ECON Committee of the European Parliament for the launch of the Economic Surveys of the European Union and the Euro Area

    After years of crisis, the European economy has picked up momentum. EU-wide unemployment, at 7.1%, is below its pre-crisis level and we project economic growth to remain above 2% this year and next. The ongoing recovery is one reason why support for the Union has rebounded. Two thirds of Europeans polled by Eurobarometer in April believed that their country had benefitted from EU membership, the highest percentage in 35 years.

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  • 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.

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