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Euro-area enlargement: a new opening?

Marek Dabrowksi, (2017), «Euro-area enlargement: a new opening?», Bruegel, 2 Νοεμβρίου 8 of the EU27 have not yet joined the Euro, and progress in euro-area enlargement seems to have stalled. Commission President Juncker wants to give new momentum to the process, but the path is full of political and technical hurdles. The Euro is unlikely to have any new members soon. Σχετικές Αναρτήσεις Kregel, Jan, (2017), «A Two-Tier Eurozone or …Read More

Europe’s Hard-Core Problem

Harold James, (2017), «Europe’s Hard-Core Problem», Project Syndicate, 1 Νοεμβρίου With populism endemic in its periphery, the European Union is clearly in a period of deep uncertainty. If EU leaders are ever going to right the ship, they will need to identify the root cause of today’s instability, which is not so much about economics or immigration as it is about de facto Franco-German leadership. Σχετικές Αναρτήσεις Dustmann, Christian, Eichengreen, …Read More

Η καταλανική κρίση δεν απειλεί την ευρωπαϊκή οικονομία

Χόλγκερ Σμίτινγκ,(2017), «Η καταλανική κρίση δεν απειλεί την ευρωπαϊκή οικονομία», Καθημερινή, 31 Οκτωβρίου Η Ισπανία ήρθε αντιμέτωπη με τη χειρότερη πολιτική κρίση ύστερα από το αποτυχημένο πραξικόπημα του 1981. Εντούτοις, οι αγορές δεν επηρεάστηκαν δραματικά από την πολιτική σύγκρουση της Μαδρίτης με την περιφερειακή κυβέρνηση της Καταλωνίας, η οποία παράγει το 20% του ισπανικού ΑΕΠ. Σχετικές Αναρτήσεις Holger Schmieding, Florian Hense, (2017), «Η Ευρωζώνη σε τροχιά σταθερής ανάπτυξης», Καθημερινή, 1 …Read More

Η Ευρωζώνη σε τροχιά σταθερής ανάπτυξης

Holger Schmieding, Florian Hense, (2017), «Η Ευρωζώνη σε τροχιά σταθερής ανάπτυξης», Καθημερινή, 1 Νοεμβρίου H Ευρωζώνη συνεχίζει να αναπτύσσεται σε υψηλότερους του αναμενόμενου ρυθμούς, δημιουργώντας πρόσφορο έδαφος για μια προς πάνω αναθεώρηση των εκτιμήσεων την επόμενη διετία. Για πρώτη φορά ύστερα από πολλά χρόνια, η οικονομική δραστηριότητα στην Ευρωζώνη ενισχύθηκε σε ταχύτερους ρυθμούς απ’ ό,τι οι ΗΠΑ και η Βρετανία κατά τη διάρκεια των εννέα μηνών του 2017, με τον …Read More

GDP up by 0.6% in both the euro area and the EU28

Eurostat/GDP up by 0.6% in both the euro area and the EU28/31 Οκτωβρίου, 2017 Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and in the EU28 during the third quarter of 2017, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2017, GDP had grown by 0.7% in both zones. Σχετικές Αναρτήσεις …Read More

Euro area annual inflation down to 1.4%

Eurostat/Euro area annual inflation down to 1.4%/31 Οκτωβρίου 2017 Euro area annual inflation is expected to be 1.4% in October 2017, down from 1.5% in September 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in October (3.0%, compared with 3.9% in September), followed by food, alcohol & tobacco …Read More

September 2017, Euro area unemployment at 8.9% – EU28 at 7.5%

Eurostat/September 2017,Euro area unemployment at 8.9%-EU28 at 7.5%/31 Οκτωβρίου 2017 The euro area (EA19) seasonally-adjusted unemployment rate was 8.9% in September 2017, down from 9.0% in August 2017 and from 9.9% in September 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.5% in September 2017, stable compared to August 2017 and down from 8.4% in September 2016. This remains the lowest rate …Read More

Creating Long-Term Value in Europe’s Capital Markets: Opportunities and constraints

Amariei, C. (2017), «Creating Long-Term Value in Europe’s Capital Markets: Opportunities and constraints», 1st Interim Report of the CEPS-ECMI Task Force on Asset Allocation in Europe, Brussels, 30 Οκτωβρίου Many factors – changing economic/financial conditions, evolving demographics and regulatory as well as technological developments – will impact asset allocation in the coming years. In anticipation of these changes, the Mid-Term Review of the Capital Markets Union (CMU) Action Plan set out …Read More

Behavioural economics is also useful in macroeconomics

Paul De Grauwe, Yuemei Ji, (2017), «Behavioural economics is also useful in macroeconomics», VoxEU, 1 Νοεμβρίου Behavioural economics is seeing increased acceptance as a legitimate way of thinking about economic issues. The recent awarding of the Nobel Prize to Richard Thaler testifies that there has been a change of view within the economics profession on the need to allow for departures from the paradigm of the ‘homo economicus’. Σχετικές Αναρτήσεις …Read More

Rethinking Working Time In Europe

Jorge Cabrita, (2017), «Rethinking Working Time In Europe», Social Europe, 1 Νοεμβρίου The results of recent Eurofound research on working time patterns in the EU constitute a strong plea for working time policies that clearly acknowledge the life course perspective. This means that working time must not only be thought and organised in daily, weekly, monthly and/or yearly terms but also take into full consideration the different stages of our …Read More

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