ECB upgraded 2018 inflation outlook to 1.4% - Employment growth in the EU fell to 0.3% in Q3 2017 - Euro-area business sentiment in December at highest level since 2011 - Fed raised key interest rate by 0.25 percentage points - EU close to defence investment target but underperforms on defence R&T spending more
Tighter global banking rules will require capital increases - Volume of retail trade in the euro area decreased by -1.1% - Average level of public spending on pensions rose by 1.5 percentage points - 10-year Greek government yield fell below 5% - EU still far removed from Europe 2020 R&D spending target more
Euro-area unemployment decreased to 8.8% - Annual inflation in the euro area increased to 1.5% - Stress tests show 5 out of 7 biggest UK banks able to withstand hard Brexit - German urban real estate prices significantly above value of fundamentals - Most euro-area countries distant from meeting medium-term budgetary objectives more
6 out of 18 euro-area countries at risk of non-compliance with SGP - Euro-area business sentiment at 6-year high - Investment growth in the EU at 3.2% - UK government expected to borrow less in the short, but more in the long-term - Mixed progress towards achieving EU climate-policy targets more
Personal transfers by EU residents to non-EU countries declined by 3.2% to €30.3bn - Employment-induced residence permits issued in the EU rose by 20.5% in 2016 - Number of small banks in the EU declined by 3.3% - Annual consumer price inflation in the UK remained at 3.0% - Robust yet differentiated growth throughout EU-28 more
