This paper provides a simple weekly model of the regular supply of liquidity in the euro area, with a view to understanding the functioning of the euro area money market. The main result of the analysis is that liquidity has normally been provided by the ECB in a neutral and smooth manner, but...

The purpose of this evaluation is to provide policy-makers and managers of the Commission’s relevant external co-operation Services as well as other relevant DGs (such as DG Trade and DG Environment), and the EC Delegations in Chisinau and Kiev, with an independent assessment of the EC...

This evaluation commissioned by the European Commission aims at providing an overall independent assessment of its external cooperation with partner countries through the organisations of the UN family. It covers the partnership between the Commission and the UN to the extent of the...

This evaluation commissioned by the European Commission aims at providing an overall independent assessment of its aid delivery through Development Banks and the EIB during the period 1999-2006. It concerns financial flows or “channelling” from the Commission to the aforementioned...

This first issue of a revised approach to the ERM quarterly includes: an overview of relevant indicators such as GDP growth and the unemployment rate; the overall ERM statistics for the second quarter 2006; an examination of the often neglected issue of restructuring in the public sector with...

This third issue of the ERM quarterly includes: current macroeconomic trends from the World Economic Outlook, published in September 2006 by the International Monetary Fund (IMF); the overall ERM statistics for the third quarter 2006; offshoring from eastern Europe during the last two years, in...

This fourth issue of the ERM quarterly includes: current macroeconomic trends, according to the World Bank; an overview of ERM statistics for the fourth quarter 2006; restructuring at Volkswagen and at EADS, the leading European aerospace and defence group; and, for the first time, a separate...

This first issue for 2007 covers: Summary of current macroeconomic trends and prospects; Overview of the ERM statistics 1st quarter 2007; Restructuring at Alcatel-Lucent; Restructuring at AIRBUS; Restructuring in Cyprus and Malta; Note on methodology.