Pisani-Ferry, Jean, Sapir, André & Wolff, Guntram, (2013), EU-IMF assistance to euro area countries: an early assessment, Bruegel. Three years ago, in May 2010, Greece became the first euro-area country to receive financial assistance from the European Union and the International Monetary Fund in exchange for implementing an economic programme designed by the Troika of the European Commission, the European Central Bank and the IMF. Within a year, Ireland and Portugal went …Read More
European Economic Forecast: Spring 2013
Future Scenarios for the Eurozone: 15 Perspectives on the Euro Crisis
Scenario Team Eurozone 2020, (2013), “Future Scenarios for the Eurozone: 15 Perspectives on the Euro Crisis”, Friedrich Ebert Stiftung, March. The Eurozone is standing at a crossroads, facing the biggest challenges in its history: the systemic crisis and the political attempts to overcome it have far-reaching consequences for the future of the Economic and Monetary Union, European integration and Europe in the world. By identifying the main driving forces that …Read More
Quarterly report on the euro area-1/2013
European Commission, (2013), Quarterly report on the euro area, 1/2013. The focus section of this edition takes a look at the growth convergence experiences of euro area Member States following the introduction of the euro. Generally speaking, faster growth in relatively poorer countries has helped to narrow income gaps between EU Member States, but this convergence process is weaker for euro area members and appears to have stalled a few …Read More
Global Employment Trends 2013: Recovering from a second jobs dip
Index of Economic Freedom
European labour market policies in (the) crisis
Clasen, Jochen, Clegg, Daniel, Kvist Jon, (2012), ‘European labour market policies in (the) crisis’, The European Trade Union Institute Working Paper, 2012/12. Before the onset of the global economic crisis in 2008, the new millennium had been characterised by the gradual emergence of a new consensus around labour market policy reform in Europe. While in earlier decades labour market policy debates often opposed supporters and opponents of all forms of …Read More
he State of the European Union – The Failure of Austerity
Garrido, Diego, (ed.), (2012), The State of the European Union – The Failure of Austerity, Fundacion Alternativas & Fiedrich-Ebert-Stiftung. The EU27 economic indicators for the end of 2012 therefore painted a bleak picture: soaring unemployment (10.8 per cent of the active population), a slip back into recession (–0.3 per cent GDP) and a growing public debt ratio (85 per cent). The scenario for the Eurozone was worse and even more …Read More
Quarterly report on the euro area- 04/2012
European Commission, (2012), Quarterly report on the euro area, 04/2012. In view of the central role that overheating housing markets played in previous years in a number of euro area Member States, the latest Quarterly Report on the Euro Area presents an analytical toolkit for assessing housing market imbalances. It is centred around an analysis of cyclical overvaluation of house prices based on a filtering approach. This notably allows unsustainable …Read More