Eurostat/GDP up by 0.6% in both the euro area and the EU28/9 Ιουνίου 2017 Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the first quarter of 2017, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2016, GDP grew by 0.5% and 0.6% respectively. Compared with the same …Read More
Blundell, Richard, Cantillon, Estelle, Chizzolini, Barbara, Ivaldi, Marc, Leininger, Wolfgang, Marimon, Ramon, Matyas, Laszlo, Steen, Frode, (2017), “A Manifesto for Economic Research in Europe”, COEURE, Ιούνιος The purpose of the COEURE project has been to evaluate the strengths and weaknesses of European research in economics. Based on the outcomes of this project, this Manifesto outlines the present state of European research in economics, identifies promising research avenues and proposes objectives and …Read More
OECD, (2017), “Greece – Economic forecast summary (June 2017)”, Ιούνιος After a prolonged depression, the economy stabilised in 2016 and GDP is projected to grow by 1.1% in 2017 and 2.5% in 2018. The labour market is improving, supporting private consumption, and higher demand from abroad is boosting exports. Investment has started to recover from very low levels and should gather pace. The consumption tax increase in early 2017 and …Read More
Eurostat/Volume of retail trade up by 0.1% in euro area/7 Ιουνίου 2017 In April 2017 compared with March 2017, the seasonally adjusted volume of retail trade rose by 0.1% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March the retail trade volume increased by 0.2% in the euro area, while it fell by 0.1% …Read More
Dombrovskis, Valdis, Moscovici, Pierre, (2017), “Reflection paper on the deepening of the economic and monetary union “, European Commission, 31 Μαΐου The functioning and future of the Economic and Monetary Union (EMU) is a matter of interest for all European citizens from whichever Member State they come from, including those who will join the euro area in the future. After the departure of the United Kingdom from the EU, the economies …Read More
Eurostat/Euro area unemployment at 9.3%/31 Μαΐου 2017 The euro area (EA19) seasonally-adjusted unemployment rate was 9.3% in April 2017, down from 9.4% in March 2017 and down from 10.2% in April 2016. This is the lowest rate recorded in the euro area since March 2009. The EU28 unemployment rate was 7.8% in April 2017, down from 7.9% in March 2017 and from 8.7% in April 2016. This is the lowest …Read More
Eurostat/Euro area annual inflation down to 1.4% /31 Μαΐου 2017 Euro area annual inflation is expected to be 1.4% in May 2017, down from 1.9% in April 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 May (4.6%, compared with 7.6% in April), followed by …Read More
Jin, Yosuke, Caldera Sánchez, Aida, Garcia Perea, Pilar, (2017), “Reforms for more and better quality jobs in Spain “, OECD Economics Department Working Papers, No 1386, 30 Μαΐου The Spanish economy is growing strongly, but there is a risk that many people are being left behind. Unemployment, especially among young people and the low-skilled, remains very high. About half of all the unemployed have been unemployed for over a year …Read More
Farne, Matteo, Vouldis, Angelos, (2017), “Business models of the banks in the euro area”, ECB, Μάιος 2017 The paper identifies the business models followed by banks in the euro area, utilising a proprietary dataset collected in the context of the supervisory reporting of the Single Supervisory Mechanism. The concept of a ‘business model’ has been neglected by economic theory and is defined here with respect to the set of activities performed …Read More
Bughin, Jacques, Labaye, Eric, Mattern, Frank, Smit, Sven, Windhagen, Eckart, Mischke, Jan, Bragg, Kate, (2017), “European Business: Overcoming Uncertainty, Strengthening Recovery”, Mckinsey Global Institute, Μάιος 2017 Since its founding in 1990, the McKinsey Global Institute (MGI) has sought to develop a deeper understanding of the evolving global economy. As the business and economics research arm of McKinsey & Company, MGI aims to provide leaders in the commercial, public, and social sectors …Read More
