News

EU Economy Brief 33/2017

EU28 and euro area grew by 2.3% and 2.2% in Q2. - Dutch economy reported fastest growth rate since the introduction of the euro. - Annual inflation in EU28 and euro area remained stable at 1.5% and 1.3% in July. - Unemployment fell in France to 9.5% and in the UK to 4.4% in Q2. - Eurozone trade surplus with the rest of the world fell due to faster rising imports in 2017. more

EU Economy Brief 32/2017

German industrial output contracted by -1.1%. - Unemployment in Portugal fell to 8.8%. - Share of Italian government bonds in QE asset purchases rose to 18.5%. - In Germany 19% of companies saw their banks trying to charge negative interest rates. - Growth and economic activity in the euro area remain stable and above long-term trend in June. more

EU Economy Brief 31/2017

Quarterly GDP growth accelerated to 0.6% in the EU and euro area in Q2. - Euro-area annual inflation held steady at 1.3% in July. - Unemployment in the euro area fell to 9.1% in June 2017. - Projection for GDP growth in the UK in 2017 received a downward revision. - In the euro area, public support for the euro has increased by 18% over the past four years. more

Three scenarios for the future of the banking union

How stable are Europe’s banks nearly eight years after the beginning of the euro crisis and what could the development of the banking union look like? In this article for Makronom, Philipp Ständer assesses the resilience of the European banking union and presents three possible scenarios for the future of the banking union. more

EU Economy Brief 29/2017

Euro-area government deficit declined to 0.9% of GDP but public debt was up at 89.5%. - EU employment rate jumped to 71.1%. - Government spending in OECD countries rose to 40.9%. - France will have to cut public spending by 1% of GDP. - EU house prices grew by 4.5%. more