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Food prices in the EU have risen dramatically over the past two years. The chain of disruptions caused by the COVID 19 pandemic, extreme weather events and the Russian invasion of Ukraine in 2022 have led to severe shortages in the agri-food chain, resulting in higher consumer prices. The latest European Parliament Eurobarometer survey shows that the cost of living continues to be the main concern for European citizens. During the January I plenary session, Members of the European Parliament will ...

The NUTS classification (Nomenclature of Territorial Units for Statistics) is a system to divide the territory of Member States (MS) into regions for the purpose of collection and harmonisation of statistics and for socio-economic analysis. There are three NUTS NUTS: 1, 2 and 3 respectively, moving from smaller to larger territorial units.NUTS 2 divides EU territory into 276 regions with minimum and maximum population thresholds of 800 000 and 3 000 000. It is used for allocating European structural ...

Setting minimum wages are a direct way for governments to influence wage levels. Even though they are one of the most analysed and debated topics in economics, their impact on (un-)employment, growth and poverty remains ambiguous. For some experts, the rise of minimum wages will lead to job losses, as it increases the cost of labour. Others argue that minimum wages not only prevent the creation of a 'working poor' class, but create jobs by increasing employee purchasing power. The empirical evidence ...

In the wake of the crisis, gross wages in the euro area fell by 3.1% in 2009. They started to grow again, by 2.0%, in 2011 and the European Commission forecasts an increase of trend growth to 3.5% for 2016. Net earnings are only increasing slightly, however. Convergence in wage levels in the euro area remains static. Income inequality has increased in two thirds of EU countries since 2006, specifically for low-wage earners. In the euro area, inequality increased in ten Member States: Luxembourg, ...

Spread of the Crisis - Impact on Public Finances

Análisis en profundidad 12-01-2010

We have reviewed the financial rescue and economic recovery measures taken in the EU at the end of 2008 and during 2009. Many member states have undertaken recapitalization efforts and provided debt guarantees to help systemically important institutions and restore confidence in financial markets. They have also stimulated purchasing power, pursued active labour market policies and spurred investment and business to fend off the recession. However, in doing so, some countries have not taken appropriate ...