selection

economic recession

This tag is associated with 4 posts

Added value of a common EU response to the economic consequences of the coronavirus pandemic

In addition to the tragic loss of human lives, the ongoing novel coronavirus pandemic will have severe consequences for the European economy. Common action at EU level and coordinated long-term strategic action at international level is more necessary than ever before. Continue reading

A decade on from the start of the crisis: Main responses and remaining challenges

It has been a decade since the financial crisis erupted and changed the world in 2008. Few at the time guessed what would be its magnitude and long-term consequences. The interconnectedness of the economy and the financial sector facilitated the spread of the crisis from the United States to Europe. Continue reading

Servicing government debt: The impact of rising interest rates

Written by Christian Scheinert, Graphics by Christian Dietrich, Interest rates are at historically low levels, both in the European Union and worldwide. For the euro area, a reason for low market interest rate levels is the accommodative monetary policy of the European Central Bank (ECB), which endeavours to increase inflation levels. Most of the time, … Continue reading

European cooperation in Vocational Education and Training (Europe 2020 strategy)

Vocational education and training (VET) has been an essential part of EU policy since the very establishment of the European Community. Vocational education and training  has a key economic function in up-skilling and integrating young people into the labour market and in providing high quality technical skills. It is also a crucial element of the EU … Continue reading

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