In January 2017, the DG ECFIN flash estimate of the consumer confidence indicator was broadly unchanged in both the euro area (+0.2 points to -4.9) and the EU (+0.3 points to -4.3) compared to December 2016.
Spain, currently in the corrective arm, considered broadly compliant with the Stability and Growth Pact in 2017; Lithuania, in the preventive arm, deemed at risk of non-compliance pending the assessment of requested flexibility.
The European Commission has today granted a request by the Republic of Moldova by proposing a Macro-Financial Assistance (MFA) programme of up to EUR 100 million. The proposed assistance would help the country meet its short-term financing needs.
In December, the Economic Sentiment Indicator (ESI) increased by 1.2 points in the euro area (to 107.8), and by 1.8 points in the EU (to 109.1).