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The 2008 crisis marked the beginning of a lost decade for many countries - and many people - in the European Union (EU …). The crises of 2008 and 2012 halted, and in some countries undid, a decade of growth and economic convergence across the EU … (EMU) - the eurozone. The report finds that resilience of inclusive growth varied across EU countries, when faced with the …
Persistent link: https://www.econbiz.de/10012646960
Real GDP expanded by 17.7 percent in 2022, with per capita incomes surpassing the pre-pandemic levels. On the supply side, accommodation, transport, and commerce explained 60 percent of growth. On the demand side, exports (mainly tourism) and private consumption accounted for growth. The rebound...
Persistent link: https://www.econbiz.de/10014366505
Following a strong recovery after the onset of the COVID-19 pandemic, growth in the European Union (EU) is expected to … considerable resilience, the EU economy is in a weakened spot following the string of overlapping crises since 2020, which have …. Part 1 of the EU regular economic report (RER) focuses on recent developments and the short-term outlook and risks. This …
Persistent link: https://www.econbiz.de/10014366508