Tag: new economy

Two experienced diplomats kicked off the three-day series of hearings in the European Parliament, answering questions about CAP reform, the EU's finances and double majority voting.

According to a UNICE survey, the EU's economic recovery is far too slow, and Member States are urged to renew their commitment to the Lisbon agenda.

The latest Transition Report published by the European Bank for Reconstruction and Development (EBRD) predicts that economic growth in candidate countries will continue to outperform world output growth in 2003. The Report, released on 25 November 2002, forecasts output to grow to 4 per cent in 2003 after an expansion rate of 3.5 per cent in 2002.

A new report by the Vienna Institute for International Economic Studies (WIIW) warns of slower growth and a decline in industrial production in the transition countries.

The countries of central and eastern Europe grew by 4.3 per cent in 2001, outperforming global economy, but their growth will weaken in 2002, according to the latest EBRD transition report.

The Commission forecasts a recovery of growth in the candidate countries in 2003 due to an expected return to normal.

The Commission has urged the candidate countries to strengthen their macroeconomic stability and financial sector capacity in order to cope with development.

In its 2001-2003 economic forecast for the EU and the candidate countries, the European Commission has predicted slower growth this year, but an acceleration next year and a return to higher growth rates in 2003. According to the Commission's forecast, growth in the Central and Eastern European countries will be somewhat higher despite the deteriorating economic environment in Europe.

Finance ministers of the 12 Euroland countries will be meeting on Monday 4 June to discuss issues related to situation of euro

EU will have to deal with higher inflation rates when Central and Eastern European countries join

European business expressed strong support for enlargement.

A study by Bank Austria Creditanstalt shows that productivity of Central and East European countries is surging.

The McKinsey Global Institute has recently published a study of the Polish economy . an aggregate survey of the agricultural and manufacturing sectors, as well as a detailed analysis of general-merchandise retailing and of housing construction.

48 out of the 50 regions in the ten candidate countries of Central Europe registered a per capita GDP below 75% of the EU15 average for the period 1995 to 1997.

The World Bank has recently published its country report on the Czech Republic in the framework of its programme "The Changing Europe", the World Bank contribution to the EU enlargement.