"Europe is entering its fifth consecutive year of growth, supported by accommodative monetary policies, robust business and consumer confidence and improving world trade."
News
The European economy has entered its fifth year of recovery, which is now reaching all Member States.
Call for applications for the selection of members of the "Support to Circular Economy Financing Expert Group". Deadline 9 May.
BEF 2017 video
Public consultation on the operations of the European Supervisory Authorities (ESAs). Deadline 16 May.
Join the #EUBEF2017 debate on #Inequality, #FutureofEurope and #EUMigration and see more on our video.
Public consultation on potential restrictions on large payments in cash. Deadline 31 May
Call for applications for the selection of members of the "Support to Circular Economy Financing Expert Group". Deadline 9 May.
LAST DAYS TO REGISTER for the Brussels Economic Forum 2017. Registration is open until 3 May. Register now!
What affects export performance?
In its latest episode, “Nine EU states could still adopt the euro. But why would they?”
The EU economic and financial landscape – and economic governance – continues to evolve in 2017. The ECFIN website not only presents the current developments and specific initiatives of the European Commission on economic and financial affairs.
While a vast number of econometric models have been developed to forecast Gross Domestic Product (GDP) figures prior to their release, virtually all models focus only on predicting the growth rate of GDP.
In 2016, the government deficit and debt of both the euro area (EA19) and the EU decreased in relative terms compared with 2015. In the euro area the government deficit-to-GDP ratio fell from 2.1% in 2015 to 1.5% in 2016, and in the EU from 2.4% to 1.7%.
Euro area annual inflation was 1.5% in March 2017, down from 2.0% in February. In March 2016 the rate was 0.0%.
The European Investment Bank (EIB) and Dutch bank ABN Amro signed an agreement on 21 April to unlock EUR 150 million in financing to support green shipping.
Vice-President Dombrovskis and Commissioner Moscovici participated in the G20 Finance Ministerial and Central Bank Governors meeting and the meeting of the IMF International Monetary and Financial Committee (IMFC) on 20-22 April in Washington.
"This reflection paper sets the ground for a debate about what kind of social dimension for Europe we want, and what actions can be taken at the European level to respond to the challenges that we face today.”
Following the launch of the discussion on the future of Europe via the Commission's White Paper on the Future of Europe presented on 1 March, the Commission is now zooming in on the social dimension of Europe by 2025.
Public consultation on potential restrictions on large payments in cash. Deadline 31 May.