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Economic Outlook, 2019
Following a sharp slowdown in H2 2018, latest survey data suggests that economic activity seems to be stabilising. There remains a wide divergence between robust activity in services and a struggling manufacturing sector, which is still reeling from the impact from several transitory shocks as well as a sharp deterioration in the external environment ...
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Following a sharp slowdown in H2 2018, latest survey data suggests that economic activity seems to be stabilising. There remains a wide divergence between robust activity in services and a struggling manufacturing sector, which is still reeling from the impact from several transitory shocks as well as a sharp deterioration in the external environment ...
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Economic Outlook, 2018
GDP growth in Q3 was revised up from 0.6% to 0.7%. This followed a consistent trend over the past year, which has seen the initial GDP flash estimate being revised up by 0.1–0.2% a quarter.
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GDP growth in Q3 was revised up from 0.6% to 0.7%. This followed a consistent trend over the past year, which has seen the initial GDP flash estimate being revised up by 0.1–0.2% a quarter.
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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
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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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