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Review of the European Systemic Risk Board

Review of the European Systemic Risk Board

The Commission adopted today a report on the mission and organisation of the European Systemic Risk Board (ESBR).

The ESRB was created in response to the financial crisis and is a component of the new European System of Financial Supervision.

 
July results for Business and Consumer Surveys

July results for Business and Consumer Surveys

Economic Sentiment stable in the euro area, decreasing slightly in the EU.

The Business Climate Indicator for the euro area decreased marginally by 0.04 points to +0.17.

 
Spring 2014 Standard Eurobarometer: The European elections made a difference

Spring 2014 Standard Eurobarometer: The European elections made a difference

The latest Eurobarometer survey shows positive developments in several areas.

It registered a 10 year record high in the number of citizens who feel their voice counts and growing optimism about the economic situation and the future of the EU.

 
Cyprus: Fifth Review Mission by the European Commission, ECB and IMF

Cyprus: Fifth Review Mission by the European Commission, ECB and IMF

The Cyprus authorities have pursued a cautious fiscal policy, which allowed them to over-achieve fiscal targets consistently. The macroeconomic outlook remains broadly unchanged compared to the fourth review.

Given still high risks, continued full and timely policy implementation remains essential for the success of the program.

 

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