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This article is brought to you in association with the European Commission. Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better footing than projected in autumn. The Winter interim Forecast lifts the growth outlook for this year to 0.8% in the EU and 0.9% in […]
This article is brought to you in association with the European Commission. After a strong first half of the year, the EU economy has now entered a much more challenging phase. The shocks unleashed by Russia’s war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures. The EU is among the most […]
This article is brought to you in association with the European Commission. Effective implementation and enforcement of EU trade agreements and international trade rules have added €5.4 billion to EU exports in 2020. This confirms that European Commission efforts are paying off. Tangible results range from the elimination of trade barriers to addressing unfair trade practices […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Greece has the highest government debt-to-GDP ratio of any European Union member state, according to new figures from Eurostat, the EU’s statistical office. At the end of 2018, its debt stood at 181% of […]
The global economy is slowing and major risks persist, with growth weakening much more than expected in Europe, according to the OECD’s latest Interim Economic Outlook. Economic prospects are now weaker in nearly all G20 countries than previously anticipated. Vulnerabilities stemming from China and the weakening European economy, combined with a slowdown in trade and […]
This article is brought to you in association with the European Commission. The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State. The pace of growth overall is projected to moderate compared to the high rates of recent years and the outlook is […]
This article is brought to you in association with the European Commission. Growth in the euro area is forecast to ease from a 10-year high of 2.4% in 2017 to 2.1% in 2018 before moderating further to 1.9% in 2019 and 1.7% in 2020. The same pattern is expected for the EU27, with growth forecast at […]
Last Sunday Hungary voted against the EU mandatory migration plan of accepting 1,294 asylum seekers from Italy and Greece but the referendum’s outcome was considered invalid because it didn’t reach the required threshold of 50%. Hence, it has no legal consequences and Hungary is obliged to follow the EU rules, which implies that the member […]
It was last Monday when the president of the European Central Bank (ECB) discussed with members of the economic and monetary affairs committee at the European Parliament (EP) about the EU economy in the aftermath of the UK referendum, revealing that the euro area economy shows notable adjustment properties to the global economic and political uncertainty. […]
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