Analysis of consolidated accounting data of European listed groups shows significant differences in some key ratios between countries. However, the figures do not reveal whether these differences result from a distinct composition of the countries’ populations in terms of branches of activity...

This paper reviews the development of the quality of the main fiscal data released through the Excessive Deficit Pr ocedures (EDP) since the euro's introduction. As such, this paper presents the outcome of various econometric tests based on all the vintages of the annual main fiscal data...