Demertzis, Maria; Sapir, André; Wolff, Guntram B. - 2019
the world. But the EU faces nevertheless formidable economic challenges. In the short-term, there is the potential for … strong macroeconomic weakening, resulting partly from uncertainty generated by the global trade conflict. The EU also has a … long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence …