The reports provides an overview of economic developments and policy challenges in the euro area. It focuses in particular on the risks of divergence within the euro area stemming from the energy price shocks and discuss avenues to mitigate the impact on the economy. This report provides the analytical underpinning for the 2023 euro area recommendation.
New Evidence on the Quality of Public Investment Management in the EU (07/12/2022)
This paper provides new evidence on public investment management practices in the EU, based on a survey with all EU Member States.
Slack and Tightness: Making Sense of Post COVID-19 Labour Market Developments in the EU (07/12/2022)
The paper discusses post-COVID-19 labour market developments across the EU, notably on the simultaneous presence of elements of slack and indications of tightness over the course of 2021.
The Possible Implications of the Green Transition for the EU Labour Market (02/12/2022)
Considering that the green transition is set to accelerate over the next decade and trigger structural change in EU labour markets, the paper provides descriptive evidence on regions and demographic groups expected to be most affected by shifts between sectors, firms and occupations, and discusses the policy implications.
Environmental Assessments within Green Budgeting (01/12/2022)
This paper presents an overview of environmental assessment practices across EU Member States, covering both ex-ante impact assessments and ex-post evaluations.
Disaster Risk Financing: Limiting the Fiscal Cost of Climate-Related Disasters (30/11/2022)
This paper provides evidence on national disaster financing practices in the EU and non-EU Member States, along five elements leading to a disaster risk financing strategy.
Global Imbalances: False Alarm or Genuine Source of Concern? (29/11/2022)
This paper analysis the latest development of global current account imbalances, also focusing on possible vulnerabilities in emerging market economies and the potential impact of climate mitigation policies on current account imbalances.
This report by the European Commission presents the findings of the 18th post-programme surveillance mission to Spain and identifies remaining challenges.
This report by the European Commission presents the findings of the 17th post-programme surveillance mission to Ireland and identifies remaining challenges.
This report by the European Commission presents the findings of the 13th post-programme surveillance mission to Cyprus and identifies remaining challenges.
This report by the European Commission monitors Greece’s economic, fiscal and financial situation following the end of enhance surveillance in August 2022, and assesses the specific reform steps as set out in the 14th enhanced surveillance report.
European Economic Forecast. Autumn 2022 (11/11/2022)
The EU economy is at a turning point. The shocks unleashed by Russia’s war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures. As a result, although growth in 2022 is set to be better than previously forecast, the outlook for 2023 is significantly weaker for growth and higher for inflation.
Quarterly Report on the Euro Area (QREA), Vol. 21, No. 3 (2022) (04/11/2022)
Focussing on the euro area, QREA Volume 21 No. 3 (2022) provides an analysis of (i) GDP per capita convergence in the euro area and EU over the last two decades, (ii) the links between the housing market and the real economy, (iii) exchange rate pass-through on import prices, and (iv) the key economic considerations underpinning Croatia joining the euro area.