The United Kingdom (UK) left the European Union (EU) on 31 January 2020. Officially, the UK is no longer an EU country and does not take part in EU decision-making. The EU and the UK have a Withdrawal Agreement that allows for a transition period until 31 December 2020. During the transition per...
Since the start of the global financial crisis, per-capita income growth has stagnated in many advanced economies. Some scholars have interpreted the lack of growth as a temporary phenomenon caused by the legacy of the crisis. Others view the lower long-term growth as a consequence of an unfavou...
Through six flagship initiatives, the Western Balkans Strategy sets out the EU’s unprecedented support to the transformation process in the Western Balkans, targeting specific areas of interest for both the EU and the Western Balkans countries....
The recent economic slowdown in the euro area depends on supply-side and demand-side factors with different consequences on potential output. On the one hand, it may grow at a low pace for a long time; on the other hand, it may soon grow a bit faster. The ECB strategy has to adapt to these diffe...
