Political developments in Central and Eastern Europe and the process of German unification present the EC with a major challenge. How has the EC reacted to these changes so far? What contribution can the EC make to overcoming the division of Europe?

Economic sentiment indicators can provide a wealth of information for macroeconomic policy formulation and analysis. Despite this, economic sentiment is often neglected by mainstream economics. This article assesses whether there is a potential role for economic sentiment to amplify business...