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Eurosystem staff macroeconomic projections for the euro area

European Central Bank, (2017), «Eurosystem staff macroeconomic projections for the euro area», Δεκέμβριος 2017 The economic expansion in the euro area is projected to remain robust, with growth stronger than previously expected and significantly above potential. Real GDP growth is projected to slow gradually, from 2.4% in 2017 to 1.7% in 2020, as the effects of a number of factors supporting growth slowly fade away. HICP inflation is expected to be broadly stable in …Read More

EU Banks Told to Get Crisis-Ready, Remove Wind-Down Hurdles

Alexander Weber, (2017), «EU Banks Told to Get Crisis-Ready, Remove Wind-Down Hurdles», Bloomberg, 18 Δεκεμβρίου “You have banks where you end with something that looks more like a spider web than a clean structure,” Koenig said. The message that those banks will receive is: “Please tidy up,” she said. Σχετικές Αναρτήσεις Konstantinos Efstathiou, (2017), «Latest data shows developing trends in the European Central Bank’s refinancing operations», Bruegel, 12 Δεκεμβρίου Stefani …Read More

The Hidden Potential Of Europe’s Economically Inactive

Anna Ludwinek, (2017), «The Hidden Potential Of Europe’s Economically Inactive»,  Social Europe, 20 Δεκεμβρίου More than one in four working age adults in Europe are classified as economically inactive. They are not included in official employment statistics, are often economically and socially marginalised, and lack the resources to participate fully in society. This is despite the fact that most of them would like to work in some way or another. …Read More

Annual growth in labour costs at 1.6% in euro area at 2.1% in EU28

Eurostat/Annual growth in labour costs at 1.6% in euro area at 2.1% in EU28/19 Δεκεμβρίου 2017 Hourly labour costs rose by 1.6% in the euro area (EA19) and by 2.1% in the EU28 in the third quarter of 2017, compared with the same quarter of the previous year. In the second quarter of 2017, hourly labour costs increased by 1.8% and 2.3% respectively. These figures are published by Eurostat, the statistical office …Read More

Euro area job vacancy rate at 1.9%

Eurostat/Euro area job vacancy rate at 1.9%/18 Δεκεμβρίου 2017 The job vacancy rate in the euro area (EA19) was 1.9% in the third quarter of 2017, stable compared with the previous quarter and up from 1.6% in the third quarter of 2016, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.0% in the third quarter of 2017, stable compared with …Read More

European Quality of Life Survey 2016

Eurofound, (2017), «European Quality of Life Survey 2016», Δεκέμβριος The European Quality of Life Survey (EQLS) is an established tool for monitoring and analysing quality of life in the EU. Carried out in 2003, 2007, 2011 and 2016, the EQLS documents the living conditions and social situation of European citizens. It includes subjective and objective measures: reported attitudes and preferences, as well as resources and experiences. Σχετικές Αναρτήσεις Eurostat/EU children at risk of poverty or social …Read More

Can Europe Sustain the Macron Moment?

Carl Bildt, (2017), «Can Europe Sustain the Macron Moment?», Project Syndicate, 13 Δεκέμβριος The European Union’s political and economic outlook improved dramatically in 2017, following a year in which the bloc reeled from the United Kingdom’s Brexit referendum and Donald Trump’s election in the United States. But European leaders must not become complacent in 2018, or the EU could be thrown into crisis yet again the following year. Σχετικές Αναρτήσεις …Read More

The Dangerous Delusion of Price Stability

William White, (2017), «The Dangerous Delusion of Price Stability», Project Syndicate, 14 Δεκεμβρίου Since the hyperinflation of the 1970s, which central banks were right to combat by whatever means necessary, maintaining positive but low inflation has become a monetary-policy obsession. But, because the world economy has changed dramatically since then, central bankers have started to miss the monetary-policy forest for the trees. Σχετικές Αναρτήσεις Ferdinando Giugliano, (2017), «The ECB Needs an …Read More

Consumption per capita varied between 53% and 132% of the EU average

Eurostat/Consumption per capita varied between 53% and 132% of the EU average/14 Δεκεμβρίου 2017 Actual Individual Consumption (AIC) is a measure of material welfare of households. Across the Member States in 2016, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 53% of the European Union (EU) average in Bulgaria to 132% in Luxembourg. Σχετικές Αναρτήσεις Eurostat/Consumption per capita varied by more than one to two across EU …Read More

Ε.Ε: Επί τάπητος σήμερα στις Βρυξέλλες η μεταρρύθμιση της Ευρωζώνης

Ναυτεμπορική, (2017), «Ε.Ε: Επί τάπητος σήμερα στις Βρυξέλλες η μεταρρύθμιση της Ευρωζώνης», 15 Δεκεμβρίου Το θέμα της μεταρρύθμισης της Ευρωζώνης θα συζητήσουν σήμερα στις Βρυξέλλες οι Ευρωπαίοι ηγέτες, κάτι που επιθυμεί πρωτίστως ο Γάλλος πρόεδρος Εμανουέλ Μακρόν, όμως το χρονοδιάγραμμά της έχει καθυστερήσει εξαιτίας της πολιτικής κρίσης στη Γερμανία. Σχετικές Αναρτήσεις Andre Tartar, (2017), «How the Populist Right Is Redrawing the Map of Europe», Bloomberg, 11 Δεκεμβρίου Ferdinando Guigliano, (2017), …Read More