Tag: Growth

Economic advisors to the German government more than halved their forecast for 2013 growth on Monday (25 March), blaming a sharp fourth-quarter contraction and weak prospects for foreign trade and investment.

SPECIAL REPORT / Europe’s ICT industry has a ‘moral’ obligation to pull behind the Commission’s new Grand Coalition for Digital Growth and Jobs and help young people get jobs, Commission vice president, in charge of the digital economy, has told EurActiv in an interview.

Even if the European Commission seems slightly optimistic about future growth in the EU, some consider the EU executive’s forecast too rosy and warn against underestimating other risks. This has systematically been the case in the past years of crisis.

Cyprus' economic adjustment programme and banking sector reforms should be seen as a catalyst that will reinforce macroeconomic and financial stability in the country. Over the longer term, the exploitation of natural gas discoveries should substantially boost growth prospects and help lower debt, writes Stavros Papagianneas.

Europe should create a culture for growth, gearing education and university systems towards technological innovation and micro-entrepreneurship, writes Anna Darmanin.

Northern European regions are in the lead when it comes to innovation in Europe. But there is a considerable diversity in regional innovation performance not only across European countries, but also within the member states, according to the European Commission's Regional Innovation Scoreboard 2012, published today (7 November).

With the success of the fiscal adjustment programme in Greece uncertain, and the future of the coalition government in doubt, today’s Greece resembles a barrel of gunpowder ready to explode, writes Anna Visvizi.

Europe has failed to create the right "ecosystem" that would encourage the creation of new ICT companies and sub-sectors, holding back the continent's post-crisis recovery, says a new study from the Brussels-based think tank Bruegel.

A key missing ingredient in solving the euro crisis is the urgent restoration of growth, which European citizens demand and several leaders are increasingly stressing. Yet, meaningful actions on a sufficient scale have not yet been taken, argue Stephany Griffith-Jones, Matthias Kollatz-Ahnen and Lars Andersen in a recent study.

The leaders of France, Germany, Spain and Italy will meet in Rome after the June Greek election to discuss the eurozone crisis, the Italian press reports, as talk of Greece leaving the single currency gain momentum.

Government spending does not lead to higher growth, but digital technologies can kickstart the economy and job creation, argues Ann Mettler.

The European Commission’s latest economic forecast ranked Poland as the fastest developing EU member state in 2012, although it revised the country's growth estimate downwards for 2013. But analysts appear much more optimistic than the EU executive and insist that the Polish economy will do even better next year.

US President Barack Obama said on Thursday (10 May) that Europe was still in a difficult place economically in part because it did not take some of the steps the United States did. These had included a large-scale fiscal stimulus programme and aggressive action by the Federal Reverve, the US central bank.

The European Commission is studying proposals coming from eurozone countries which would allow an injection of liquidity in weak economies without breaching tighter fiscal targets.