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Economic Policy Reforms 2014

OECD, (2014), “Economic Policy Reforms 2014”, Going for Growth Interim Report, Φεβρουάριος. Going for Growth is the OECD’s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and major non-OECD countries (Brazil, China, India, Indonesia, Russia and South Africa). Policy priorities are updated every two years and presented in a full report, which includes individual country notes with detailed policy …Read More

Economic Challenges and Policy Recommendations for the Euro Area

OECD, (2014), “Economic Challenges and Policy Recommendations for the Euro Area”, OECD Better Policies Series, Φεβρουάριος. Following a major crisis that has caused wide-spread unemployment in many countries, a certain degree of optimism is returning to the euro area. GDP growth in the region is slow but positive, signaling the exit from the recession. Financial market conditions are also showing signs of improvement and foreign investors are returning to the battered …Read More

Monthly Bulletin

European Central Bank, (2014), Monthly Bulletin, Φεβρουάριος. Based on its regular economic and monetary analyses, the Governing Council decided at its meeting on 6 February to keep the key ECB interest rates unchanged. Incoming information confirms that the moderate recovery of the euro area economy is proceeding in line with the Governing Council’s previous assessment. At the same time, underlying price pressures in the euro area remain weak and monetary and credit dynamics are …Read More

Evaluation of the impact of the free movement of EU citizens at local level

European Commission, (2014), “Free Movement: European Commission publishes study on integration of mobile EU citizens in six cities”, 11 Φεβρουαρίου. EU citizens go to other EU countries mainly for job opportunities and are on average younger and more likely to be working. This is confirmed by a new, independent study on the impact of the right to move freely within the EU which was published today. The study focuses on …Read More

Energy Economic Developments in Europe

European Commission, (2014), “Energy Economic Developments in Europe”, European Economy, 1/2014. In recent years, the EU has set an ambitious agenda to foster the transition to low carbon economies. The Climate and Energy Package adopted in late 2008 sets an EU-wide 20% greenhouse gas emission reduction target for the 27 Member States by 2020, 20 % share of energy from renewable sources in EU gross energy consumption by 2020 and …Read More

EU Anti-Corruption Report

European Commission, (2014), “EU Anti-Corruption Report”, COM (2014) 38 final. Corruption continues to be a big challenge for  Europe – a phenomenon that costs the EU economy around 120 billion euros per year. Europeans are deeply worried about corruption – 76% of them believe  that corruption is widespread according to a recent Eurobarometer survey.  

Working for the Few

Oxfam, (2014), “Working for the Few”, 178 Oxfam Briefing Paper, 20 Ιανουαρίου Economic inequality is rapidly increasing in the majority of  countries. The wealth of the world is divided in two: almost half going to the richest one percent; the other half to the remaining 99 percent. The World Economic Forum has identified this as a major risk to human progress. Extreme economic inequality and political capture are too often …Read More

Is the Tide Rising?

IMF, (2014), “Is the Tide Rising?”, World Economic Outlook Update, Ιανουάριος. Global activity strengthened during the second half of 2013, as anticipated in the October 2013 World Economic Outlook (WEO). Activity is expected to improve further in 2014–15, largely on account of recovery in the advanced economies. Global growth is now projected to be slightly higher in 2014, at around 3.7 percent, rising to 3.9 percent in 2015, a broadly unchanged …Read More

Employment and Social Developments in Europe 2013

European Commission, (2014), Employment and Social Developments in Europe 2013, Brussels. This year’s report offers an in-depth and wide-ranging review of key labour market and social challenges facing the EU as it slowly emerges from recession. Where will Europe’s new jobs come from in an increasingly competitive global economy? Will active inclusion policies support help address rising levels of poverty among those of working age? Will the improvement in the …Read More

ΕΥ Eurozone Forecast, Outlook for Financial Services

ΕΥ (2014), ΕΥ Eurozone Forecast, EY Outlook for Financial Services, Winter 2013/2014 The run-up to Christmas and the start of 2014 proved to be a busy time for Europe’s financial sector. Sadly, this was less to do with the festivities and more to do with the necessary groundwork to underpin the Eurozone’s new regulatory framework. After lengthy delays, work around Solvency II — recently re-animated by agreement over the Omnibus …Read More