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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.
More and more professionals from the Western Balkans choose to seek a better life by going east – opting for countries such as the Czech Republic, Slovakia, and Poland
In their quest for competitiveness many countries are fixated on cutting the cost of labor, in particular by reducing social-insurance contributions. But it that the right solution?
The goal of peace and an “ever closer union between European peoples”, for which the founding members aimed after the Second World War, is no longer the backbone of the European project.
France has more minimum-wage employees than other European countries. But that is not to say that they are poor.