Quarterly Report on the Euro Area (QREA), Vol. 21, No. 4 (2022)
This edition of the QREA focusses on technical topics that are at the core of the Commission’s recent proposals for the reform of the EU economic governance framework; in particular on
- How to ensure debt sustainability in a growth-friendly manner,
- Enhancing the ability of fiscal policy to ensure macroeconomic stabilisation,
- The role of the fiscal framework to foster public investment, including in light of the green and digital transitions
- Improving compliance with the EU fiscal framework through stronger ownership and enforcement.
The Role of Public Development Banks and Institutions in the Implementation of the United Nations’ Agenda 2030: A Survey in Europe
The paper offers a first attempt to track the sustainability performance of the Public Development Banks and Institutions in Europe and their contribution to the alignment of EU Member States to the Sustainable Development Goals.
European Economic Forecast. Winter 2023
Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better footing than projected in autumn and is now set to narrowly avoid the recession that was anticipated for the turn of the year. As a result, the Winter interim Forecast lifts the growth outlook for this year and slightly lowers the projections for inflation for both 2023 and 2024.
Slack and Tightness: Making Sense of Post COVID-19 Labour Market Developments in the EU
The paper discusses post-COVID-19 labour market developments across the EU, notably on the simultaneous presence of elements of slack and indications of tightness over the course of 2021.
The Possible Implications of the Green Transition for the EU Labour Market
Considering that the green transition is set to accelerate over the next decade and trigger structural change in EU labour markets, the paper provides descriptive evidence on regions and demographic groups expected to be most affected by shifts between sectors, firms and occupations, and discusses the policy implications.
Global Imbalances: False Alarm or Genuine Source of Concern?
This paper analysis the latest development of global current account imbalances, also focusing on possible vulnerabilities in emerging market economies and the potential impact of climate mitigation policies on current account imbalances.
The Fiscal Impact of Extreme Weather and Climate Events: Evidence for EU Countries
This empirical paper analyses the fiscal impact of extreme weather events.
Global Imbalances: False Alarm or Genuine Source of Concern?
This paper analysis the latest development of global current account imbalances, also focusing on possible vulnerabilities in emerging market economies and the potential impact of climate mitigation policies on current account imbalances.