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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

The purpose of this document is to show the differences between some key indicators of the 2020 Stability and Convergence Programmes of the EU Member States and the spring 2020 forecast of the European Commission. In accordance with Art. 4 of Council Directive 2011/85/EU, the budgetary planning of the Member States “shall be based on the most likely macrofiscal scenario or on a more prudent scenario. (…). Significant dif¬fe¬ren¬ces between the chosen macrofiscal scenario and the (most recent) Commission ...

The European implementation assessment (EIA) evaluates the implementation of the EU association agreement (EU AA), including the Deep and Comprehensive Free Trade Agreement (DCFTA), with Georgia. The evaluation forms an update of an evaluation (EIA) published in July 2018, thus evaluates the implementation of the EU AA since mid-2018 until now. The EIA shows progress and pitfalls in the implementation of reforms in Georgia and stresses the importance of the upcoming parliamentary elections in the ...

The March 2018 presidential elections were a resounding victory for Vladimir Putin. Since then, however, an unpopular decision to raise the retirement age by five years has cost him some of his support and triggered a wave of protests. In summer 2019, Moscow saw the biggest anti-government rallies for several years over the authorities' decision to exclude independent, 'non-system' opposition candidates from local elections. Even though the decision was upheld, Putin allies struggled to hold onto ...

Against the backdrop of slowing growth and subdued inflation in the euro area, we address the question to what extent additional monetary stimulus can be expected from the ECB if needed. We find that “more of the same” policies will probably not be effective and that there are no attractive alternatives there. After more than ten years of exceptionally loose monetary policy it is now the turn of fiscal and structural policies to reinvigorate the European economies.

The Macroeconomic Imbalance Procedure (MIP) is a policy tool introduced within the reinforced economic governance framework adopted in 2011. The MIP aims at preventing and correcting macroeconomic imbalances in Member States, with specific attention to imbalances with potential spillovers effects on other Member States.

La présente note d’information a pour objectif de fournir des informations en vue de la visite au Portugal, du 27 février au 1er mars 2019, d’une délégation de la commission du développement régional du Parlement européen.

La présente étude, la deuxième d’une série annuelle, fournit une vue d’ensemble de la situation économique et budgétaire dans l’Union européenne et au-delà. Les principaux indicateurs économiques de l’Union et de la zone euro y sont résumés, ainsi que leurs tendances sur deux ans. Les chiffres montrent que la croissance a été modérée en 2018, à 2,1 %, et devrait légèrement ralentir dans les mois à venir, au vu de la perspective mondiale plus morose que l’année dernière. Cela étant, le chômage se ...

La Chine est un important partenaire stratégique de l’Union en dépit de divergences fondamentales dans certains domaines, principalement liées à l’intervention étatique et aux droits fondamentaux de la personne. Le partenariat instaure une coopération mutuellement bénéfique et un dialogue dans des domaines allant de l’investissement et des transports jusqu’aux droits de l’homme et à la cybersécurité. La Chine adopte actuellement de nouvelles orientations, inspirées par la «pensée de Xi Jinping sur ...

Just three decades after the fall of the Berlin Wall signifying the end of Cold War aggression and the ascendancy of international liberalism, the world faces even greater uncertainty. In every region of the world, geopolitical shifts are taking place that have brought offensive trade agendas to the fore. The US has withdrawn from underwriting the post-World War Two international economic and foreign policy architecture, instead proposing to build a wall between itself and neighbouring Mexico, imposing ...