European Parliamentary Research Service Blog
euro area
Economic and Budgetary Outlook for the European Union 2020
Growth in the European Union and euro-area economies – albeit still positive – slowed significantly in 2019. Moreover, prospects for the next two years remain muted, against the backdrop of a generalised slowdown. Continue reading
Outcome of the meetings of EU leaders, 12-13 December 2019
At the first meeting chaired by the new President of the European Council, Charles Michel, EU Heads of State or Government gathered for meetings of the European Council, the European Council’s Article 50 formation and the Euro Summit. Continue reading
Enhancing EU competitiveness [What Think Tanks are thinking]
The European Union has been established as an area of security, stability and prosperity, in which economic competitiveness plays a key role. Continue reading
Outlook for the meetings of EU leaders on 12-13 December 2019
At the meeting of EU Heads of State or Government in December 2019, the first to be presided over by Charles Michel, EU leaders will meet in three different formats: a regular European Council, a European Council (Article 50) meeting, and an inclusive Euro Summit. Continue reading
Euro area deepening and reform [What Think Tanks are thinking]
Countries sharing the euro have made little to change the functioning of the single currency area since French President Emmanuel Macron called for its major overhaul in 2017. Continue reading
The euro at 20 [What Think Tanks are thinking]
The euro marked its 20th anniversary in January 2019, as debates continued about the single currency’s track-record and the shape of future reform. Continue reading
Economic and Budgetary Outlook for the European Union 2019
This EPRS study, the third in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond. It summarises the main economic indicators in the Union and euro area, and their two-year trends. Continue reading
Outcome of the meetings of EU Heads of State or Government, 13-14 December 2018
The meetings of EU Heads of State or Government that took place on 13-14 December 2018 dealt with a more extensive agenda than originally planned. Continue reading
Challenges for the euro area [What Think Tanks are thinking]
The discussion on how to deepen and improve the functioning of Economic and Monetary Union (EMU) continues on several fronts. Issues under discussion include euro-area governance, the role of the European Central Bank (ECB), the fiscal rules, debt-mutualisation, risk-sharing, and the nature of, and political compromises between, French and German perspectives within the system. Continue reading
Outcome of the meetings of EU Heads of State or Government, 17-18 October 2018
Although Brexit was the most anticipated point on the agenda, the European Council (Article 50) meeting of 17 October 2018 did not make any significant progress towards finalising a withdrawal agreement; nor did it decide to hold a special meeting on Brexit in November. Continue reading
Outlook for the meetings of EU Heads of State or Government, 17-18 October 2018
As has become the norm with European Council meetings, EU Heads of State or Government will convene on 17 and 18 October 2018 in different formats with varying compositions and levels of formality: a regular meeting of the European Council, and an enlarged Euro Summit of 27 Member States on 18 October, preceded by a European Council (Article 50) meeting on the 17 October over dinner. Continue reading
European Council: Facts and Figures
The European Council is one of the most important European Institutions and receives a lot of media attention when it meets. However, many aspects of this institution are less well known, and citizens ask themselves who are the Members of the European Council, since when does the European Council exist and how did its role evolve and the number and type of participants change over time. Continue reading
Outlook for the meetings of EU leaders, 28-29 June 2018
Expectations are high for the meetings of EU Heads of State or Government on 28 and 29 June 2018, as important decisions are required on several policy topics, including the reform of the euro area and the revision of the Dublin Regulation. Whether concrete results will emerge from this meeting on any, or all, of the controversial topics remains to be seen. Continue reading
Challenges for the euro area [What Think Tanks are thinking]
In June, the Heads of State or Government of the countries sharing the euro currency will discuss ways to improve the functioning of the euro area. French President Emmanuel Macron has proposed an ambitious reform plan, but Germany, the euro area’s economic powerhouse, is more cautious. Continue reading
Economic and Budgetary Outlook for the European Union 2018
In 2017, the EU and euro-area economies continued their moderate growth (slightly over 2 %) in a context of global improvement (3.5 %) underpinned by a strong rebound in world trade, continuing growth in China and a return to growth in countries such as Brazil and Russia. Continue reading
Euro-area reform [What Think Tanks are thinking]
The heads of state and government of the countries sharing the euro currency will hold a summit on 15 December 2017 to discuss ways to improve the functioning of the euro area. Continue reading
Euro area recovery and reform [What Think Tanks are thinking]
Written by Marcin Grajewski, The euro area’s economic recovery has gained pace as investor confidence has strengthened. The election of the reform-minded Emmanuel Macron as French President in May reignited the debate on overhauling the euro area’s economic governance. This note offers links to recent commentaries and studies on the economic situation of the euro … Continue reading
Euro-area reforms: Challenges and policies [What Think Tanks are thinking]
Written by Marcin Grajewski, Reforms to the system of governance of the euro area, launched in the wake of the 2008-09 financial crisis, have included, inter alia, the creation of authorities to better supervise the financial markets, improved mechanisms to coordinate fiscal policies, and procedures to correct economic imbalances. While the drive to overhaul the … Continue reading
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