rowth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area. However, after five consecutive quarters of vigorous expansion, the economic momentum moderated in the first half of 2018 and is now set to be
Tag: euro
Banknote security features
he history of counterfeiting is almost as extensive as the history of money itself. It’s said that even the first coins in Lydia were regularly faked, and coming across counterfeit coins in Ancient Rome was a daily occurrence. Roman Emperors, like other rulers, also famously did their own counterfeiting, debasing the
European Union: Spring 2018 Economic Forecast
In 2018 ECB ends production and issuance of 500 EUR banknote
he Governing Council of the European Central Bank (ECB) concluded a review of the denominational structure of the Europa series back in 2016. It was decided to permanently stop producing the 500 EURbanknote and to exclude it from the Europa series, taking into account concerns that this banknote could facilitate
Essentials of EU law
Capital Markets Union: new rules for investment firms
The European Commission proposes a two-track overhaul to make life simpler for smaller investment firms, while bringing the largest, systemic ones under the same regime as European banks. Investment firms and the services they provide are vital to a well-functioning Capital Markets Union (CMU). Alongside banks, EU capital markets rely
EU Winter Economic Forecast 2017
EU Budget 2018: Agreement reached
The Council and the European Parliament reached agreement on an EU budget for 2018 that strongly reflects the EU's main policy priorities. Total commitments are set at €160.1 billion and payments atb €144.7 billion. Märt Kivine, deputy finance minister of Estonia and chief Council negotiator for the 2018 EUbudget said: "We
EC: Completion of the Banking Union by 2018
uropean citizens and businesses will benefit from deeper financial integration and a more stable financial system, thanks to Commission plans to accelerate with the completion of the missing parts of the Banking Union. The Banking Union must be completed if it is to deliver its full potential in making the
EU – 10 years since the start of the economic crisis
Montenegro’s Economy SWOT Analysis
mall countries, i.e. small economies are rather sensitive to the influence of international environment. This especially applies to countries like Montenegro, in which the use of euro as a legal tender additionally limits the maneuvering space in case of potential external shocks. Therefore, it is important, seems even more important
How The EU Budget Is Spent: Macro-Financial Assistance
ne important European Union objective is to achieve macroeconomic and political stability in its neighborhood by ‘developing a zone of shared stability, security, and prosperity’ through a set of policies that help to bring candidate, potential candidate, and neighborhood countries closer to the EU. One of these policies is macro-financial