Cuardaigh

Do thorthaí

Ag taispeáint 10 as 108 torthaí

This infographic examines some economic differences and similarities among countries of the Gulf region and the EU, like GDP growth, GDP per capita and female labour force participation rate. In terms of trade, the Gulf region stands already as an important source of oil and gas for the EU, these products contributing almost two-third of total imports of the latter from the Gulf region.

This paper provides a snapshot of multilateral financial assistance provided to Ukraine since the start of the Russian invasion in February 2022 by the European Union and its bodies (European Investment Bank), international financial institutions (International Monetary Fund, World Bank Group, and European Bank for Reconstruction and Development) and groups of bilateral creditors (“The Group of Creditors of Ukraine”). The paper aims to increase understanding and support scrutiny of international ...

After showing unexpectedly strong economic resilience in the face of the pandemic and the energy price shock triggered by Russia’s war in Ukraine, Europe is bracing for an uncertain soft landing. The latest economic forecast points towards weakening growth. Real GDP growth is expected to be 0.6 % in both the EU and the euro area in 2023, having been revised downwards for the second time this year. This is partly explained by a heavier toll from monetary policy tightening than expected, alongside ...

This report examines the role of Foreign Direct Investment (FDI) in tax havens. About 40-45% of the global FDI stock is hosted in tax havens, while their share in the world economy is only around 4½%. These abnormal FDI patterns suggest that FDI and international corporate tax avoidance are closely related. Traditional tax havens are attractive because of zero tax rates and uncooperative behaviour. For European tax havens it is rather a mix of policies related to improving the investment climate ...

In the run-off election on 19 November 2023, Argentinians elected right-wing populist Javier Milei, aged 53, as the country's new president. Four weeks earlier, on 22 October 2023, general elections had taken place to elect the president, vice-president, members of the national congress and the governors of most provinces. Following the primaries of 13 August 2023, to the great surprise of all experts, anti-establishment candidate Javier Milei, leader and founder of the La Libertad Avanza party, ...

The European Union’s economic policy response to the COVID-19 crisis led to a radical change in the scale and nature of borrowing by the bloc. Given the newfound relevance of EU borrowing rates for the EU budget, in Claeys et al. (2023), we examined the main drivers behind their evolution since the launch of the borrowing programme put in place in 2021 to finance NextGenerationEU (NGEU). We also discussed how these interest rates could evolve in the future and estimated what the interest costs borne ...

This infographic provides an insight into the economic performance of Kazakhstan compared with the European Union (EU) and looks at the trade dynamics between them. Kazakhstan’s unemployment rate recorded a slight but steady decrease, stabilizing at 4-5% in the decade 2010-2020. Inflation rates, on the other hand, show less stability throughout the time series, and in 2022 reached their second-highest value since 2007. Foreign direct investment (FDI) fluctuated, with a notable spike in 2016, when ...

Fiscal policy becomes less potent in affecting output in an inflationary environment. As the economy nears full employment an increasing part of any fiscal stimulus either crowds out other expenditure or leads to higher prices. This reinforces the case for an accelerated reduction in deficits, especially through the termination of energy subsidies that are no longer appropriate as energy prices have returned to pre-war levels. An unintended (but predictable) consequence of the past bond buying schemes ...

After an unexpectedly strong economic recovery from the COVID-19 pandemic, the EU now faces the difficult task of bringing down inflation – mainly caused by sharp increases in energy and food prices in 2022 – while sustaining economic growth and investment in strategic areas such as the green and digital transitions. Economic growth in the EU has declined since mid-2022 and nearly stalled, while the euro area endured a mild technical recession. At the same time, in 2022, annual inflation in the EU ...

Paschal Donohoe is attending his fourth Economic Dialogue in the ECON Committee since being elected as President of the Eurogroup in July 2020. His previous Economic Dialogue took place on 2 February 2022. This briefing covers the following issues:); Economic situation and developments (Section 1); the Eurogroup work programme and Euro Area Recommendation (Section 2); Fiscal and economic surveillance (Section 3) and Completing EMU governance (Section 4). For an overview of the role of the President ...