This study reviews the labour market in Cyprus, with the focus on immigration and wage indexation, in the context of euro area participation and the need to safeguard competitiveness. Assessed vis-à-vis the usual macroeconomic and Lisbon benchmarks the Cypriot labour market performs better than...

Unemployment has fallen considerably during the recent period of record growth in the Czech economy. This has ended a long period of relatively jobless growth during which GDP was driven by advances in productivity and capital deepening rather than rises in employment. This country focus...

In recent years, Slovakia has introduced wide-ranging reforms in the tax, pension, social and health care systems. These reforms have increased incentives to work, to create jobs and to invest, and have thus fostered growth and economic catching-up. The supply-side driven growth has so far...

European labour markets added nearly 30 million new jobs in a golden age of employment creation prior to the onset of the Great Recession in 2008. These labour markets subsequently shed six million jobs, and unemployment peaked at 11% in 2013, its highest rate in well over a decade. This third...

Während Umstrukturierung zunehmend als inhärentes Merkmal der wirtschaftlichen Entwicklung anerkannt wird und auf europäischer Ebene und in den Mitgliedstaaten viel politische Aufmerksamkeit genießt, wird sie aus regionaler Sicht selten erörtert. Doch die meisten großangelegten...

While restructuring is increasingly acknowledged as an inherent characteristic of economic development and receives substantial policy attention at European and Member State level, the regional perspective on it is rarely discussed. However, most large-scale restructurings affect the regions and...

The level of youth unemployment is alarmingly high in several EU Member States, with rates of over 50% recorded in Spain and Greece in 2013. In light of the potential of entrepreneurs to create employment and sustainable growth, promoting youth entrepreneurship and making Europe more...

This report gives an overview of recent developments in the distribution of wages in Europe from 2004 to 2011 – the period before and after the onset of the Great Recession. While the main focus is on the EU dimension, the report analyses relevant trends and developments within countries in a...