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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. Annex 1 includes latest GDP data and forecasts for all EU Member States and Annex 2 the latest inflation data and developments.

ECON on 19 February 2025 - Paschal Donohoe is attending his seventh Economic Dialogue in the ECON Committee since being elected as President of the Eurogroup in July 2020 and the first one during the 10th parliamentary term. His previous Economic Dialogue took place on 29 June 2023. This briefing covers the following issues: latest economic developments (Section 1); the 2025 Euro Area Recommendation (Section 2); Transparency of the work of the Eurogroup (Section 3) and Completing the EMU, with a ...

Andrzej Domański, Minister of Finance of Poland, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Polish Presidency January - June 2025). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”.

This briefing paper provides an overview of the role and mandate of the Eurogroup and the role and accountability of its President, including the procedures for his/her appointment. This paper includes the following sections: 1) The role of the Permanent President of the Eurogroup; 2) The President of Eurogroup and the European Parliament; 3) The role and mandate of the Eurogroup; and 4) Eurogroup transparency. The paper will be regularly updated.

AI factories

Briefing 14-02-2025

The EU has made significant progress towards trustworthy and ethical artificial intelligence that puts people first. In June 2024, the EU co-legislators signed the Artificial Intelligence Act (AI Act), the first horizontal legislation regulating AI systems. The focus is now shifting to bolstering the EU's position in AI innovation. European Commission President Ursula von der Leyen has promised to establish AI factories within the first 100 days of her term. AI factories will give companies and researchers ...

India is a pluralistic, multi-faith, multilingual (with 22 recognised languages), and multi-ethnic country. In April 2023 it overtook China as the world's most populous country (it had a population of 1.44 billion in 2024). India's 1950 Constitution provides for a quasi-federal set-up, with powers separated between the central union and the 28 state governments. Competences are distributed by administrative level – between the Union (the Centre), the states, or 'concurrently'. The Prime Minister ...

The number of people in the world who have been forcibly displaced inside or outside their home country has risen significantly in recent years, as reflected in the unprecedented numbers of refugees and irregular migrants arriving in the EU since 2015. This highlights an urgent need to ensure organised, legal and safe pathways to protect migrants who embark on dangerous journeys and attempt to enter countries of destination irregularly, or find themselves in protracted refugee situations. A potential ...

Once dispersed in the environment, microplastic particles under 5 mm in size are extremely difficult to remove and very persistent. Today, they are present in the air, soil, freshwater, seas, oceans, plants and animals, and in several components of the human diet. Human exposure to microplastic particles is therefore widespread, raising concerns about potential health impacts. On 16 October 2023, the European Commission proposed a regulation to tackle microplastic pollution resulting from losses ...

On 29 November 2023, the European Commission adopted a proposal for a directive amending Directive (EU) 2015/2302 on package travel and linked travel arrangements, to improve protection for travellers and simplify and clarify certain aspects of the current directive. The Commission announced in a 2020 communication on a new consumer agenda that it would look into revising the directive following the turmoil caused by the mass cancellations during the COVID-19 pandemic. The proposal is the result ...

The EU's Net-Zero Industry Act (NZIA) entered into force on 29 June 2024. Its implementation comes at a critical juncture, where the stakes and challenges facing the European net-zero technologies sector remain as pressing as ever. The NZIA aims to address some of the barriers to the development of the European net-zero manufacturing sector. Numerous third countries are intensifying efforts to expand their clean energy manufacturing capacity, heightening competitive pressure on the EU. With the NZIA ...