This paper presents an integrated framework for the financial assessment of different types of common sovereign debt instruments.
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This paper looks at global trade fragmentation from an EU perspective.
The European Investment Bank (EIB) has signed a loan agreement worth €15 million, backed by the InvestEU programme, with CrowdFarming, an online platform for European farmers that sell directly to end-consumers. The company is based in Spain, with a strong presence in France, Germany, Austria, and Italy.
Romania has submitted a request to the Commission to amend its recovery and resilience plan, to which it also wants to add a REPowerEU chapter. The proposed REPowerEU chapter covers reforms and investments linked to increasing green energy production, improving the energy efficiency of buildings and strengthening the skills of the production workforce of green energy.
Cyprus has submitted a request to the Commission to modify its recovery and resilience plan, to which it also wishes to add a REPowerEU chapter. The proposed REPowerEU chapter covers measures related to energy efficiency in buildings, the electrification of transport, and research and development in the field of the green transition.
This first payment request relates to 36 milestones and five targets. These cover numerous investments, for instance in the area of jobs and skills through a work placement experience programme, a programme for green skills, and strengthening the capacity of technological universities.
"We must have trust and confidence in the future of the European economy. There is much that we can do to support sustained and sustainable growth. The effective implementation of national recovery and resilience plans remains a key priority."
The Summer 2023 Economic Forecast revises growth in the EU economy down to 0.8% in 2023, from 1% projected in the Spring Forecast, and 1.4% in 2024, from 1.7%. It also revises growth in the euro area down to 0.8% in 2023 (from 1.1%) and 1.3% in 2024 (from 1.6%).
The EU economy continues to grow, albeit with reduced momentum. The Summer 2023 Interim Economic Forecast revises growth down for the EU and the euro area in both 2023 and 2024. Headline inflation is expected to continue declining, broadly in line with the spring projections.
Check out what we discussed at the Brussels Economic Forum, held entirely in digital format and broadcast live from the European Commission’s TV studios in Brussels.
This paper presents an integrated framework for the financial assessment of different types of common sovereign debt instruments.
The paper quantifies the potential macroeconomic impact of structural reforms in the EU Member States employing a benchmarking approach, closing half the observed gaps in structural indicators.
This paper compares post-COVID growth and inflation dynamics in the euro area and the US using an estimated macro model.
This paper provides a quarterly analysis of developments over the last three months of the joint harmonised EU business and consumer surveys (BCS). In addition, it includes a special topic on a new labour hoarding indicator developed by the Commission to more accurately track labour market performance over the cycle.
This edition analyses the impact of increasing commodity prices, with a particular focus on energy prices, from three different angles. First, it studies inflation divergence in the euro area inflation, driven by the external shocks but also by internal factors. Second, it discusses the factors driving pass-through of wholesale energy prices to the retail market and how it has diverged across euro area countries. Finally, the issue discusses the impact of the increase in energy costs on firm’s profitability.
The European Personnel Selection Office (EPSO) has opened a new specialist competition for economists. If you want to work in a multi-cultural and dynamic environment at the forefront of European economic analysis and economic policy-making, you can check out the website for further details. The deadline for applications is 25 July 2023.
The last Real Economy episode of the season looks into how the EU is trying to reduce excessive economic dependence on China and other countries through it new ‘de-risking’ policy. Real Economy traveled to Lyon and Paris to find out how the EU is diversifying its supply chains in the digital and green industries.