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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 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.

The economies of Japan and of the EU followed similar trends in 2020, a year marked by the Covid-19 pandemic. Both economies faced shrinking GDP, growing unemployment, rising public debt, while inflation stayed moderate and the exchange rate remained stable. Although there was a fallback in trade between the two blocks, the EU ranked as third on the list of top trade partners of Japan (trade in goods), while the latter was the seventh biggest trade partner of the EU. Mechanical appliances and electrical ...

This study aims to assess how major economies were affected by the Covid-19 pandemic, in particular with respect to economic growth and public debt sustainability. It reviews the heterogeneity of policy measures taken, and aims to identify best practices. A special focus is placed on the euro area and its largest Member States. Principles and practices for ensuring sustained growth and sustainable public finances are discussed.

Offering an overview of the economic and budgetary situation in the EU and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the sixth in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the EU annual budget and give an overview of its headings for 2022, all within the wider budgetary context of the EU’s post-2020 Multiannual ...

Europe is in the midst of a digital revolution that is transforming our approach to work and communication and building significant potential to improve living standards and economic output. With the potential to drastically change the economy and society, digital transformation can bring both promising developments and challenges. There is wide variation in advances in digital transformation both within the European Union and between Member States. To this end, the European Union and its Member ...

The COVID-19 pandemic accelerated fragmentations between societal groups and between places. It risks reinforcing existing imbalances and inequalities in the EU. The worst and most direct impacts have been avoided by swift policy actions. In this context Cohesion Policy played a role. The swift introduction of new measures to counteract the socio-economic effects of the pandemic were extremely important. To address cohesion challenges lying ahead of us and use the crisis as a chance for a transition ...

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 document compares key figures included in the 2022 Draft Budgetary Plans (DBPs), as submitted to the European Commission (EC) by the Euro Area Member States by mid of October 2021, with those of the autumn 2021 forecasts by the EC and the key figures included in the 2021 Stability Programmes (SPs), as submitted by the Euro Area Member States by end of April 2021, with the those of the 2021 spring forecasts by the EC. The EC is expected to adopt its opinions on the 2022 DBPs by end of November ...

This study scrutinises the tax treatment of professional football players' remuneration throughout the European Union. It does so on the basis of a comparative analysis of selected country schemes. It draws conclusions and formulates suggestions for a future European Union approach.