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Economic Outlook, 2020
We expect the eurozone economy experienced a quarterly rise of around 10% in Q3 as activity benefited from favourable base effects after the collapse in Q2. However, the latest monthly data are confirming our fears that the recovery is tapering off quickly, as the number of Covid‐19 infections continues to rise across the continent. PMIs declined for a
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We expect the eurozone economy experienced a quarterly rise of around 10% in Q3 as activity benefited from favourable base effects after the collapse in Q2. However, the latest monthly data are confirming our fears that the recovery is tapering off quickly, as the number of Covid‐19 infections continues to rise across the continent. PMIs declined for a
+5 more sources
Economic Outlook, 2022
We have lowered our Q1 eurozone growth forecast owing to the deteriorating health situation and the emergence of the Omicron variant. But as we expect the economy to recover lost ground by mid‐year, we see the impact over 2022 growth as very mild. Moreover, monthly data for Q4 last year were a touch better than expected, resulting in a marginal upgrade
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We have lowered our Q1 eurozone growth forecast owing to the deteriorating health situation and the emergence of the Omicron variant. But as we expect the economy to recover lost ground by mid‐year, we see the impact over 2022 growth as very mild. Moreover, monthly data for Q4 last year were a touch better than expected, resulting in a marginal upgrade
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Economic Outlook, 2017
All the signs are that Q2 will see Eurozone GDP growth exceed Q1's well above‐trend rise of 0.6%. In addition to the business surveys continuing to rise, quarterly industrial production and retail sales growth also probably accelerated in Q2, closing the previous gap between the surveys and hard data. This points to a robust rise in GDP of 0.7% to 0.8%
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All the signs are that Q2 will see Eurozone GDP growth exceed Q1's well above‐trend rise of 0.6%. In addition to the business surveys continuing to rise, quarterly industrial production and retail sales growth also probably accelerated in Q2, closing the previous gap between the surveys and hard data. This points to a robust rise in GDP of 0.7% to 0.8%
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European Economic Review, 2004 Abstract In this paper, the monetary transmission mechanism within the European Monetary Union is investigated. The impulse response functions and forecast error variance decompositions of a structural vector error correction model (SVECM) are compared with those of a New Keynesian theoretical model.
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London Business School Review, 2015
The biggest threat to the EU is contractionary fiscal policy, claim Richard Portes and Lucrezia ...
PORTES, Richard, REICHLIN, Lucrezia
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The biggest threat to the EU is contractionary fiscal policy, claim Richard Portes and Lucrezia ...
PORTES, Richard, REICHLIN, Lucrezia
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L'Europe en Formation, 2011
Résumé La crise de la zone euro ne pourra s’estomper avant que l’Union monétaire européenne ne démontre clairement sa viabilité. Ceci a diverses implications, notamment la soutenabilité des finances publiques. Des règles financières publiques européennes pourraient être un outil utile dans l’arsenal de la gouvernance économique, pour s’assurer que les ...
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Résumé La crise de la zone euro ne pourra s’estomper avant que l’Union monétaire européenne ne démontre clairement sa viabilité. Ceci a diverses implications, notamment la soutenabilité des finances publiques. Des règles financières publiques européennes pourraient être un outil utile dans l’arsenal de la gouvernance économique, pour s’assurer que les ...
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Journal of Political Philosophy, 2016
Analysis the Eurozone from a normative ...
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Analysis the Eurozone from a normative ...
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2017
Since the breakout of the global economic and financial crisis in 2007/08 the so called prosperous project of the eurozone has got into serious trouble. The great successes from the recent past after the introduction of the euro were almost forgotten: getting cheaply into debt, high growth rates or a falling unemployment had an abrupt ending.
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Since the breakout of the global economic and financial crisis in 2007/08 the so called prosperous project of the eurozone has got into serious trouble. The great successes from the recent past after the introduction of the euro were almost forgotten: getting cheaply into debt, high growth rates or a falling unemployment had an abrupt ending.
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2015
This book critically examines the options that the Eurozone nations have to address the social and economic crisis that has bedevilled them since 2008. The book elucidates these options within an historical understanding of the path taken to create the Economic and Monetary Union (EMU). The historical experience highlights the difficulties that nations
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This book critically examines the options that the Eurozone nations have to address the social and economic crisis that has bedevilled them since 2008. The book elucidates these options within an historical understanding of the path taken to create the Economic and Monetary Union (EMU). The historical experience highlights the difficulties that nations
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Eurozone: The untold economics [PDF]
, 2013 This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful bust by unravelling (i) the supply-side structural imbalances that formed the core-periphery economic divide, and (ii) the necessity of the periphery's sovereign debt to finance imports from the export-led core.
John Hatgioannides +2 more
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