Biographical note of the European Commissions' Permanent Representative to the OECD.
The European economic recovery has been disrupted by Russia’s war of aggression against Ukraine, which has driven energy and food prices higher and curbed the post-pandemic rebound. While co-ordinated and timely policy action helped avoid a severe downturn, the near-term outlook remains clouded by uncertainty, according to a new OECD report.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
English, PDF, 7,877kb
The publication of this OECD document comes at a critical moment for the EU project. There is a plethora of debates taking place at the moment, which tend to blur what the people of Europe have achieved since setting off on this journey over 60 years ago.
French, PDF, 2,735kb
There is a plethora of debates taking place at the moment, which tend to blur what the people of Europe have achieved since setting off on this journey over 60 years ago. There is an urgent need to concentrate beyond the noise to consider what Europe has delivered for its people and what place it has in the world economy today.
Europe’s economy is finally growing robustly. These positive developments provide an opportunity to renew efforts to meet the long-term challenges facing the European Union (EU).
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.
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.
To support the recovery, structural reforms that yield short-run as well as long-run gains should be prioritised.
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.