The future of manufacturing is smart, secure and stable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Erik Josefsson, Head of Advanced Industries, Ericsson Manufacturers today are seeking efficiencies in production, and the ability to deliver a broader mix of customized products to their customers. They know that staying competitive will require operational processes and […]

Manufacturing is finally entering a new era

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Erik Mirandette, Head of Customer Team, Tulip Interfaces Manufacturing is in the midst of a period of unprecedented change, as we transition from the industrial age to the information age. The manufacturers that will prove best able to capture […]

4 ways 3D printing can revolutionize manufacturing

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Authors: Hugo Da Silva, Vice-president of additive manufacturing, DSM These are exciting times in additive manufacturing (AM) – the process of building objects by 3D printing – as the industry moves from prototyping and design towards production at scale. […]

People, not technology, shape the future of manufacturing

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Torbjørn Netland, Chair of production and operations management, ETH Zurich & Lino Guzzella, President, ETH Zurich These are exciting times for manufacturing. A plethora of recent technological developments creates radically new opportunities for how we develop, manufacture, and […]

Brexit kick-off: a historic day for the EU anticlockwise

The beginning of the two-year negotiations is about to begin as UK submits today the letter to the EU today informing the latter about the decision of the British people to leave the bloc. However, it is still too early to say whether a deal will be reached within the timeframe that is set in […]

No recovery for EU economy in sight and a Brexit can aggravate things for everyone

The Eurozone economy doesn’t seem able to gain a sustainable growth path, despite the hundreds of billions that, lately, European Central Bank has injected into the financial system. Analysts say, though, that ECB’s intervention came too late. There is more bad news for the real economy coming from the prices front. Last week, Eurostat, the […]

Eurozone stuck in a high risk deflation area; Draghi expects further price plunge

This newspaper has been following very closely the Eurostat statistics, including inflation, which paint an accurate picture of Eurozone’s economic condition. Then, not without good reason, during the last few months or even years the European Sting didn’t share the reserved optimism of Brussels about euro area’s prospects and unfortunately Eurostat confirmed this prediction once […]

Five-year low inflation for Eurozone and now Mario has to finally wake up the Germans

The European Central Bank’s (ECB) governing council is gathering today in Naples to discuss the monetary policy just two days after the publication of the flash estimate of the annual inflation of the Euro area by Eurostat, the statistical office of the European Union. The inflation is expected to be 0.3% in September, a 0.1% […]

Industrial price dive may lead to point of no return

Last Monday, Eurostat, the EU statistical service issued data on June industrial price developments (0.1% month to month), actually showing stagnation in relation to May. It is more alarming to observe though that all along the first five months of 2014, from January to May on a month to month basis, industrial prices had been […]

Economic sentiment and business climate stagnate in miserable euro area

Tantalizingly slow proves the tempo of Eurozone’s economic resumption, if such a thing exists at all. According to the European Commission Directorate General for Economic and Financial Affairs (ECFIN), “in January the Economic Sentiment Indicator (ESI) increased by 0.5 points in the euro area (to 100.91) and by 0.9 points in the EU (to 104.7)”. […]

Towards a seamless internal EU market for industrial goods

Twelve years after the ‘internal market’ initiative launched in 1992, with which the European Union erased the technical, fiscal and any other barrier impeding the internal circulation of goods within the boundaries of the club, and still there are impediments to the free internal circulation of industrial products. The European Commission in order to neutralise […]

Eurozone has practically entered a deflation trap

With consumer price developments in Eurozone remaining below the one percentage unit for many months now, disinflation (falling inflation) is just some decimal points away from deflation (negative inflation). Yesterday, Eurostat, the EU statistical service, released its estimate for the December headline inflation at 0.8% , down one decimal point from 0.9% in November. This […]

Mixed news about the Eurozone economy

According to a flash estimate released by Eurostat, the EU statistical service, Eurozone annual inflation was 0.9% in November, slightly higher than 0.7% in October. Excluding the items under the categories of energy, food, alcohol & tobacco, the November inflation rate is thought to have been 1% after 0.8% in October. Price developments in the […]

Eurozone to enter the winter…

Euro area annual inflation and its main components (%), October 2012 and May – October 2013. On many occasions during the past few months the European Sting has concluded that the ongoing deceleration of inflation in Eurozone is a bad omen. Last time it was on Friday 1 November when Eurostat announced its flash estimate for […]

Why European manufacturing SMEs in the South face fatal dangers

During this week in Brussels there was a lot of talk about Europe’s industrial competitiveness. The Competitiveness Council, part of the Council of the European Union, is currently meeting in Brussels, on September 26-27, for the first time formally under the Lithuanian Presidency. This Council brings together the EU ministers responsible for the single market, […]

High-technology manufacturing saves the EU industry

According to a study by Eurostat, the EU statistical service, high and medium technology industries saved the manufacturing sector from a much larger fall during the difficult crisis years from 2008 until 2010. Still, the industrial sector has not yet fully recovered and in January 2013 compared to December 2012, seasonally  adjusted overall industrial production fell […]