In October 2016, the DG ECFIN flash estimate of the consumer confidence indicator remained broadly unchanged in both the EU (-0.1 points to -6.5) and the euro area (+0.2 points to -8.0) compared to September.
The new video episode looks at how we can best meet the challenges facing EU healthcare systems. As health costs are expected to rise in the EU, the European Commission is helping countries to achieve better value for money in health care spending.
Public expenditure on health care and long-term care has been increasing over the last decades in all EU Member States. In 2015, it accounted for 8.7% of GDP in the EU and could reach up to 12.5% of GDP in 2060.
European Commission staff, in liaison with staff from the European Central Bank (ECB), visited Cyprus from 26 to 30 September to conduct the first post-programme surveillance (PPS) mission. This visit also served as specific monitoring in the framework of the EU Macroeconomic Imbalance Procedure. It was coordinated with an International Monetary Fund (IMF) staff visit. Staff from the European Stability Mechanism (ESM) also participated in the mission on aspects related to its Early Warning System.