This paper looks at how EU Member States adapt their fiscal policies to respond to the challenges of high levels of public debt and weak macro-financial conditions.
Series: Discussion Paper
Author(s): Kristian Orsini, Vukašin Ostojić
This paper analyses wage dynamics in Croatia’s economy and finds evidence that rising wages in the fast-growing public education and health sectors may be setting the pace.
Series: Economic Briefs
Author(s): European Commission
This report presents the results of in-depth reviews on the prevention and correction of macroeconomic imbalances in Croatia. In-depth reviews are embedded in a comprehensive country report.
Series : Occasional Papers
Author(s): Peter Benczur, Katia Berti, Jessica Cariboni, Francesca Erica Di Girolamo, Sven Langedijk, Andrea Pagano, Marco Petracco Giudici
The euro area sovereign debt crisis brought to light the potential risks to public finances posed by the banking sector. This paper simulates the potential impact of bank defaults on public finances based on stress test scenarios using an advance analytical methodology.
Series: Economic Papers
This study evaluates the impact of changes in the regulatory barriers of four regulated professions (legal, accounting, architectural and engineering) on two sectoral performance indicators – allocative efficiency (AE) and profit rates - through business dynamics over the period 2008-2011.
Series : Economic Papers
Convergence Reports examine whether Member States satisfy the conditions for adopting the single currency. Convergence reports are issued by the European Commission and the European Central Bank every two years, or more often if a country intending to join the euro requests it. These reports form the basis for the decision on whether a Member State may join the euro area.