[eng] Competition, as both a brake and an engine of investments OFCE For the past year, the main engine of the european upturn has been the improved exchange rate and liquidity background. European exports are regaining market shares, especially in the case of Germany. The investment plans of...

The deficit of health insurance, about 1 percentage point of GDP mainly results from the economic crisis which reduced social contributions. This deficit contributes to the automatic stabilization of the economy and it should disappear with the return of growth. As far as it is not returned, the...