In August 2019, the Economic Sentiment Indicator (ESI) increased slightly in the euro area (by 0.4 points to 103.1), while it continued to decline in the EU (by 0.6 points to 101.4).
News
Seasonally adjusted GDP rose by 0.2% in both the euro area and the EU during the second quarter of 2019, compared with the previous quarter, according to an estimate published on 6 September by Eurostat, the EU statistical office.
Christine Lagarde was recommended for the post of ECB President on 4 September by Members of the European Parliament who had questioned her throughout the morning on her competences and plans.
Croatian micro-enterprises and start-ups looking to purchase small machinery and equipment worth up to EUR 25,000 can benefit from a EUR 10 million guarantee extended on 9 September by the European Investment Fund (EIF) to UniCredit Leasing Croatia.
On 5 September, the Commission adopted a proposal for a new Macro-Financial Assistance (MFA) programme for Jordan worth up to EUR 500 million.
“This team will have to stand up for our values and world-class standards. I want a Commission that is led with determination, that is clearly focused on the issues at hand and that provides answers. I want it to be a well-balanced, agile and modern Commission.”
President-elect Ursula von der Leyen has presented her team and the new structure of the next European Commission.
This discussion paper looks at the link between output gap calculations and cyclical indicators.
An overview of the 2019 Stability and Convergence Programmes of EU Member States and an assessment of their implications for the euro area’s fiscal stance.
This study features an econometric analysis of the relationship between exports of goods and tourism in Croatia, investigating potential crowding-out effects and their joint impact on overall economic growth.
This paper looks at the housing markets in 40 countries by comparing house prices in levels.
This paper documents the Global Multi-country macroeconomic model and describes its use in economic and policy analysis and forecasting in DG ECFIN.
This paper looks at the economies of France and Germany and discusses differences in their growth models and divergences in their performance since the economic crisis.
Did you know that next year the Brussels Economic Forum turns 20?
The latest episode of Real Economy on Euronews examines the new economic agenda for Europe that was the focus of discussions at the recently held 19th Brussels Economic Forum.
The Commission adopted rules on 3 July that will ensure a smooth transition to its next President and the next College of Commissioners.
On 4 July, the European Investment Bank (EIB) signed an up to EUR 14 million venture loan agreement with Cimco Marine AB of Sweden, for further development of a low-emission, fuel-efficient diesel outboard engine to replace highly polluting petrol engines.
On 2 July, the Commission took stock of the additional fiscal effort announced by the Italian authorities and concluded that it was material enough not to propose to the Council the opening of an Excessive Deficit Procedure (EDP) for Italy's lack of compliance with the debt criterion at this stage.
In the margins of the Eurogroup meeting on 8 July, representatives of the euro area Member States, the European Central Bank and Denmark met in the presence of the European Commission and Croatia to discuss prospects for Croatia's participation in the ERM II.
The European economy is set for its seventh consecutive year of growth in 2019, with all Member States’ economies due to expand, according to the Summer 2019 Economic Forecast released on 10 July.