ECFIN New Publication

Focussing on the euro area, QREA Volume 20 No. 4 (2021) provides an analysis of i) the protection of household’s income by existing and newly implemented tax-benefit instruments during the COVID-19 pandemic, ii) the pandemic’s impact on gross fixed capital formation, iii) how reforms of recurrent taxes on residential property can be an important element of a tax mix promoting inclusive sustainable growth, iv) the responsiveness of sovereign interest rate spreads of euro area Member States (vis-à-vis Germany) to fundamental factors, as well as a brief overview of major policy developments at the euro area level in recent months.