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Home sweet home: the home bias in trade in the European Union

Mika, Alina, (2017), «Home sweet home: the home bias in trade in the European Union», ECB Working Paper Series No 2046, Απρίλιος The aim of the paper is to answer the following question: do European Union countries trade domestically more than they would trade with their itnernaitonal clones? While this question may appear somewhat hypothetical, it is useful in understanding how much borders between countries hinder trade flows. To answer …Read More

Subsidiarity: The forgotten concept at the core of Europe’s existential crisis

Danthine, J. P., (2017), «Subsidiarity: The forgotten concept at the core of Europe’s existential crisis», VoxEU, 12 Απριλίου In this column, Jean-Pierre Danthine, a co-author of «Making Sense of Subsidiarity: How Much Centralization for Europe?», revisits the report nearly 25 years on from its publication. He examines the main themes of the report and shows how such areas as centralisation/decentralisation, subsidiarity, and macroeconomic stabilisation have played out over the years since the report was published. …Read More

How do Progressives Fight Back Against Populism?

Schmidt, Vivie, (2017), «How do Progressives Fight Back Against Populism?», Social Europe, 12 Απριλίου In recent years, the European Union has suffered through a cascading set of crises, including the Eurozone crisis, the refugee crisis, the security crisis, and Brexit. But rather than bringing the EU together, with concerted responses that would demonstrate its common values on its 60th anniversary, these crises have revealed cross cutting divisions among member states. …Read More

Annual Report 2016

European Central Bank, (2017), «Annual Report 2016», Απρίλιος 2017 In 2016 the euro area economy faced a demanding external environment. Growth in both advanced and emerging market economies was modest by historical standards and there were episodes of heightened uncertainty and short-lived peaks in financial market volatility, particularly following the UK referendum on EU membership in June and the US presidential election in November. Global inflation was subdued owing to …Read More

Industrial production down by 0.3% in euro area

Eurostat/Industrial production down by 0.3% in euro area/11 Απριλίου 2017 In February 2017 compared with January 2017, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2017 industrial production rose by 0.3% in both zones. In February 2017 compared with February 2016, industrial production increased by 1.2% …Read More

Finally, some good economic news from the Eurozone – but will it last?

Sander, Harald, (2017), «Finally, some good economic news from the Eurozone – but will it last?», LSE EUROPP, 10 Απριλίου Eurostat figures released at the start of April show the Eurozone unemployment rate has dropped to its lowest level for almost eight years. Harald Sander writes that there are now some solid grounds for optimism about the Eurozone economy, but that after nine years of economic struggles, a great deal more …Read More

Right Wing Populism And The Social Question

Kowal, Nikolaus, Lindner, Fabian , (2017), «Right Wing Populism And The Social Question», Social Europe, 11 Απριλίου Right-wing populism is gaining traction: Donald Trump has won the White House; Austrian far right politician Norbert Hofer barely lost the Austrian presidential election, and France’s Marine Le Pen is likely to win most of the votes in the first round of the French presidential elections. Has the world gone mad? Have racism and …Read More

Η Πορτογαλία αρχίζει να σβήνει μεταρρυθμίσεις

Η Καθημερινή, (2017), «Η Πορτογαλία αρχίζει να σβήνει μεταρρυθμίσεις», 8 Απριλίου Σχεδόν τρία χρόνια μετά την έξοδο της Πορτογαλίας από το μνημόνιο, η κατάσταση φαίνεται να έχει βελτιωθεί σημαντικά, καθώς ολοένα και περισσότερες εταιρείες επενδύουν στη χώρα δημιουργώντας νέες θέσεις εργασίας. Το ερώτημα είναι κατά πόσον θα συνεχιστεί αυτή η τάση. Σχετικές Αναρτήσεις Arnold, Jens, (2017),«Portugal needs stronger investment to maintain growth and improve living standards», Portugal Desk, OECD Economics …Read More

Geneva Reports on the World Economy 15: Exit Strategy (CEPR flashback 2)The E

The Editors, (2017), «Geneva Reports on the World Economy 15: Exit Strategy (CEPR flashback 2)», VoxEu, 8 Απριλίου Central banks are now moving towards exiting from quantitative easing and other unconventional monetary policies. This column highlights a 2013 CEPR/ICMB report that examined the policy challenges surrounding this difficult and unprecedented task. It explores ways policymakers could handle exit and its long-run implications. This is part of the CEPR Flashbacks series that …Read More

Share of Member States in EU GDP

Eurostat/Share of Member States in EU GDP/10 Απριλίου 2017 In 2016, the gross domestic product (GDP) of the European Union (EU) amounted to €14 800 billion (bn) at current prices. Over half of it was generated by three Member States: Germany, the United Kingdom and France. Σχετικές Αναρτήσεις Eurostat/ GDP up by 0.4% in the euro area and by 0.5% in the EU28/ 7 March 2017 European Commission, (2017), «European …Read More