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Looking ahead

July 2010

Labour market review
DG ECFIN's annual "Labour market and wage developments" report will analyse the impact of the financial crisis on the labour market, focusing on the interaction with key macroeconomic variables. It will describe the contribution of inflows and outflows to the dynamics of unemployment in all Member States during the crisis. Although it concentrates on developments at EU level, it also examines the situation in individual countries, the policy measures taken to minimise the impact of the crisis and the challenges ahead.

August 2010

Travelling euro exhibition opens in Estonia
The Commission's travelling exhibition on the euro opens in Narva, Estonia, at the Astri Keskus Shopping Centre on 18 August, as part of the information campaign preparing Estonian citizens for the euro changeover on 1 January 2011. The exhibition can be seen in Tallinn at the Science Centre AHHAA Foundation from 20 September and at the Lounakeskus Shopping Centre in Tartu from 4 November. The interactive exhibition, with touch screens as well as traditional exhibition panels, provides simple information about the history and workings of the euro, and includes a special section for children.

September 2010

“What Future for Financial Globalisation?” Joint conference of the European Central Bank and the Journal of International Economics Frankfurt am Main, Germany, 9-10 September
The current financial crisis is challenging the belief that financial liberalisation and integration are universally beneficial for economic growth and development. While many emerging markets have experienced rapid integration with advanced countries through trade, they have lagged behind in terms of financial liberalisation and deepening. This asymmetry may have contributed to rising financial and real imbalances in the global economy and to an increase in leverage and risk-taking among financial institutions.

Interim forecast
Scheduled for 13 September, this biannual report will update the latest fully fledged forecast (published in May) with new data for the EU's seven largest Member States and updated key indicators for the EU and euro area as a whole.

Annual Statement and Annual Report on the Euro Area
This annual report will discuss how economic policies at euro area and Member State level should be geared towards meeting the specific challenges that the euro area faces as a single economic entity. The statement highlights the main policy and political messages.

October 2010

2010 Annual Meetings of the International Monetary Fund and the World Bank Group Washington, DC, 9-11 October
Commissioner Olli Rehn will attend the International Monetary and Financial Committee of the Board of Governors of the IMF while the EU Commissioner for Development attends the World Bank/IMF Development Committee as an observer. In the latter, a range of issues related to governance reform of the two institutions, poverty reduction, international economic development and finance will be discussed.

Quarterly report on the euro area
The third 2010 issue will be published on 5 October. Its focus section will discuss the structural factors that facilitate current account adjustment in the Economic and Monetary Union.

November 2010

Autumn economic forecast
DG ECFIN's next full-scale economic forecast, due out at the beginning of November, will be an important opportunity to evaluate the pace and evenness of economic recovery.

G20 Summit Meeting Seoul, Korea, 11-12 November
Building on agreements made at the last summit in Pittsburgh, the G20 will redouble its efforts in 2010 to help the world make a successful transition from global recovery to stronger, more sustainable and balanced growth.

DG ECFIN's Annual Research Conference 2010 Brussels, 22-23 November
The global financial crisis and its fall-out reignite the debate about the roles of governments and markets. This year's debate, "Governments and markets after the crisis: Finding a new balance", examines new approaches to the governance of markets between the extremes of free-market fundamentalism and government interventionism. The conference will explore new paradigms in areas such as the architecture of financial systems, international trade and exchange rate regimes, intra-EU adjustment mechanisms, and the design of modern welfare state arrangements.

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