The EU's economy is now in its seventh consecutive year of growth and is forecast to continue expanding in 2020 and 2021. Labor markets remain strong and unemployment continues to fall. However, the external environment has become much less supportive and uncertainty is running high. This is particularly affecting the
Tag: euro
Western Balkans Summit Poznan 2019 held
estern Balkans Summit 2019: Poland welcomed the Heads of Government of the Berlin Process participants, as well as representatives of the European Institutions, International Financial Institutions, OECD, the Regional Cooperation Council (RCC), and the Regional Youth Cooperation Office. The Poznan Summit builds on the previous Berlin, Vienna, Paris, Trieste and London
ECB announces euro short-term rate ( €STR )
he European Central Bank (ECB) will start publishing the €STR as of 2 October 2019, reflecting the trading activity of 1 October 2019. Additionally, the ECB is ready to further support private sector efforts in the transition away from the euro overnight index average EONIA and will provide the computation
EU trade and globalization policies
he European Community was founded on the belief that economic integration leads to peace and economic prosperity. Trade is therefore a fundamental part of the identity of the European Union today. Given the success of the internal market in fostering the longest period of European peace in modern history, the
Decentralized Finance Explained: Alternative Finance Emerges
The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological
European Investment Stabilisation Function – EISF
he idea behind the Commission’s proposed European Investment Stabilisation Function (EISF) is to use dedicated financial means from the EU budget to help Member States stabilize their economies in the event of a major asymmetric shock. In the context of EISF, the Commission would borrow on the financial markets and
Global Economy: 10 Predictions in 2019
he global economy started 2018 with strong, synchronized growth. But as the year progressed, momentum faded and growth trends diverged. The US economy accelerated, thanks to fiscal stimulus enacted early in the year, while the economies of the Eurozone, the UK, Japan and China began to weaken. These divergent trends
ECB adopts new capital key 2019
EU Trade with Latin America and the Caribbean
rowing geopolitical rivalry, escalating trade tensions between the United States and China (both big players in Latin America and the Caribbean – LAC) and a US trade policy shifting away from a multilateral towards a bilateral approach based on ‘America First’, have created uncertainty in this part of the world.
Who is who in the EU
EU has members in at least four major treaty groups, each of which governs a different aspect of the region’s infrastructure. On the following infographic, you may see the break down each group: The European Union - EU The EU is governed according to a supranational parliamentary system, with representatives elected by