The economic situation in the euro area continues to be weak. In the course of 2003, real GDP has only stagnated. Several factors prevented the expected recovery to materialize. Last year’s collapse of stock prices dampened activity, so did the high oil price. In addition, the uncertainty in...

Economic performance in developed economies diverged in the nineties, with some countries enjoying high growth in output and accelerating growth in productivity. Ireland excelled in many respects and some Nordic European countries recovered from a serious crisis and successfully regained strong...

Driven by growing internationalisation and high unemployment in Europe concerns about competition between regions and cities and it's consequences for economic and social standards are omnipresent. In their strive for "competitiveness" and a high position of their city in an "European City...