The European economy has entered its fifth year of recovery, which is reaching all EU Member States. This is expected to continue at a largely steady pace this year and next as wages remain constrained by slack in the labour market and investment is held back by still high uncertainty and balance-sheet adjustment in the corporate and banking sectors.
Information and identifiers
Institutional Paper 053. May 2017. Brussels. PDF. 196pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-79-64690-4 (online)
ISSN 2443-8014 (online)
JEL classification: -
European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission.