SMEs are driving job growth, but need higher investment in skills, innovation and tech to boost wages and productivity

This article is brought to you in association with OECD. Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook highlights that most SME […]

OECD sees global growth slowing, as Europe weakens and risks persist

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 […]

Winter 2019 Economic Forecast: growth moderates amid global uncertainties

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 […]

Continue reforms to make growth work for all in Spain

This article is brought to you in association with OECD. Spain has made a successful economic recovery, underpinned by strong employment growth, gains in competitiveness and favourable external and financial conditions. The current economic expansion offers an opportunity to speed up efforts to increase the resilience of public finances, enhance job creation and ensure a more […]

European Semester Autumn Package: Bolstering inclusive and sustainable growth

This article is brought to you in association with the European Commission. Commission sets out EU’s economic and social priorities for 2019, presents Opinions on Draft Budgetary Plans and confirms the existence of particularly serious non-compliance with the Stability and Growth Pact in the case of Italy; Greece is integrated into the European Semester for the […]

A Sting Exclusive: “Doing ourselves a favour”, Vice President Dombrovskis underscores that this time growth has to come from within the EU

This article was exclusively written for the European Sting by Mr Valdis Dombrovskis, Vice-President of the European Commission responsible for Euro and Social Dialogue. Last month, the European Commission presented the spring economic package related to the European Semester. It included the annual country-specific policy recommendations to individual member states and the Commission’s latest assessment […]

EU growth in 2015 to be again sluggish; Can the Juncker Commission fight this out?

It was last Tuesday when the European Commission (EC) met in Brussels to talk about the 2014 autumn economic forecast. Among others, the discussion was mainly about the sluggish growth and inflation, the impact of geopolitical crises in the EU economy as well as the significant economic performance of Ireland. Wrong growth forecasts The EC stated […]