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All European Union countries are undergoing severe output losses as a consequence of the COVID-19 crisis, but some have been hurt more than others. In response to the crisis, EU leaders have agreed on a Recovery and Resilience Fund (RFF), which will help all EU countries, but those hit hardest...
Persistent link: https://www.econbiz.de/10012307205
incompatible with Europe’s social market economy. convergence in the eu and in the euro area is a necessity: the European growth … long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence … single market, a key asset to promote growth and economic well-being, does not undermine the ability of countries to raise …
Persistent link: https://www.econbiz.de/10012025374
result from the working of the single market, which like international trade is also an exclusive competence of the EU. …
Persistent link: https://www.econbiz.de/10011884843
suggests that cross-border capital market integration can be an important complement to fiscal risk sharing; and the departure … from the EU of the United Kingdom - home to the EU’s main capital market centre - makes the project even more relevant …
Persistent link: https://www.econbiz.de/10011884862
The COVID-19 pandemic represents a major shock to the global and European economy. Most European countries will need to take bold quarantine and lock-down measures, as has been done in Italy, to prevent an explosion of the epidemic which would lead to many deaths and the collapse of healthcare...
Persistent link: https://www.econbiz.de/10012200610
, the EU is partly protected by the size of its internal market. In addition, the short-term effects would be even greater …
Persistent link: https://www.econbiz.de/10011899593
The 2022 United States Inflation Reduction Act (IRA) is a significant and welcome climate law. It also includes trade-distortive subsidies, including local-content requirements prohibited under World Trade Organisation rules - the first time the US has done this and a blow to the international...
Persistent link: https://www.econbiz.de/10014231855
Investment (CAI). The text awaiting ratification aims to give foreign investors greater market access, enforceable via state … new market access in China, and that this small economic gain for the EU comes at the price of breaking ranks with its … true the CAI provides only modest new market access in China, but this is because China has already made progress in recent …
Persistent link: https://www.econbiz.de/10012655178