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How did COVID-19 lockdown impacted all four main economic confidence indicators? Our Stats Monitor makes it possible to monitor the evolution of industrial, consumer, construction and retail confidence over time.
EU heads of state and government failed to agree on a united response to the economic crisis triggered by COVID-19. Yet after the measures taken by the European Central Bank, there is no longer urgency to enact a measure like eurobonds.
The COVID-19 outbreak has revived fears over acute drug shortages in Europe, sparking calls to repatriate the production of pharmaceutical ingredients from China. But rebuilding capacity would take years, if it were even possible.
Calls have been coming from all sides for the EU to intervene in the COVID-19 crisis in the name of European solidarity. Although the Union has little room for manoeuvre in the public-health sphere, it can use the powerful lever of economic and monetary policy to counter the coming economic downturn.
The European Central Bank is flooding the continent with liquidity. Will this lead to a future financial crisis?
“Hypertrophic”, “poorly run”, “bloated”, “too costly”... in all countries, cliches concerning the public service are legion. New indicators allow us to see how the reality is more nuanced.
Passenger train services are heavily subsidised in Greece, taking advantage of loopholes and delays allowed by EU law. A new memorandum signed by the government keeps state aid and TrainOSE’s monopoly in place, despite the fact that many routes are not operated and citizens are not happy with the service they receive.
According to the latest data provided by Eurostat, Europe has been experiencing a period of stability and relative economic growth since the end of 2016: +0.7% in the second and third quarters of 2017 for eurozone and EU countries.
As the European Commission's president Ursula von der Leyen focuses on the combination of environmental and economic measures, one may wonder to what an extent will social issues enter the picture – and whether the European Pillar of Social Rights is still a priority.
Fewer births, greater life expectancy, emigration. These are some of the ingredients adding up to local labour shortages - now a major problem in many Eastern European countries.