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This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions

According to a recent European Parliamentary Research Service Cost of Non-Europe (CONE) report, ambitious and united European Union (EU) action in climate and energy policy could be very beneficial, bringing gains of up to 5.6 % of gross domestic product (GDP), equal to €1 trillion additional GDP per year in 2050, compared to a continuation of the status quo (see Figure 1). However, failure to arrive at a common approach, in particular by collectively addressing volatile energy prices and systemic ...

This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Commission and Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecasts. This document is regularly updated. This version is an update on a version published in March 2022.

This document presents selected indicators on public finance for the Euro Area Member States and the Euro Area as a whole. For each indicator, it provides a short explanation and the data sources. The final section presents a short overview of the main indicators used by the European and other international institutions to assess debt sustainability.

This infographic examines some economic differences and similarities among countries of the Gulf region and the EU, like GDP growth, GDP per capita and female labour force participation rate. In terms of trade, the Gulf region stands already as an important source of oil and gas for the EU, these products contributing almost two-third of total imports of the latter from the Gulf region.

The Covid-19 pandemic was a severe blow to EU Member States. Thanks to rapid and resolute responses at Member State and EU level, the economic impact of the pandemic was less severe than initially forecast and – at least until early 2022 – the economy seemed on the way to recovery. New challenges, both external (such as Russia’s war on Ukraine) and internal (such as inflation) could jeopardise this, however. In its Spring 2022 Economic Forecasts, the European Commission has revised the EU’s growth ...

Economic dialogue with Ireland 11 May 2022

Análisis en profundidad 06-05-2022

This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an Economic Dialogue with Pascal Donohoe, Minister of Finance of Ireland, in the ECON committee of the European Parliament. The invitation for a dialogue is in accordance with the EU economic governance framework.

Trade relations between the EU and Chile are imbalanced not only in terms of trends in export and import of goods, but also in the diversity of trade products and in their ranking in the list of main trade partners. The EU was Chile's third biggest trade partner in 2021, with a 10,4 % share in Chile's trade with the world. Germany, Spain and the Netherlands are leading the list of Chile's top EU trade partners.

The data in this infographic illustrate the extent of trade between the EU and Russia in the years up to the latter launching its war on Ukraine, as well as the state of Russia’s economy more generally in the same period. This is an update of an infographic originally drafted by Martin Russell and Giulio Sabbati in May 2016.

Macro-financial assistance to Moldova

De un vistazo 21-03-2022

Following a request by Moldova (19 November 2021), the European Commission adopted on 4 January 2022 a proposal for disbursing up to €150 million in new macro-financial assistance (MFA) to the country, of which up to €30 million in grants and up to €120 million in medium-term loans at favourable financing conditions. The European Parliament is due to vote on the proposal during its second March plenary session.