Having sufficient access to finance is an important determinant for the development of an enterprise. It is a well-known phenomenon that small and medium-sized enterprises (SMEs) face different challenges when accessing finance than large scale enterprises (LSEs). LSEs, for insta...
Counterfactual Impact Evaluation (CIE) compares the outcomes of individuals participating in a programme or firms / regions subject to a specific regulation (the treated group) with the outcomes of a comparison group, similar in all respects to the treated one but for participati...
L’Union économique et monétaire et l’euro constituent les bases communes d’une stabilité, d’une croissance et d’une prospérité plus grandes dans toute l’Europe. ...
Ten years ago, the temporary EFSF was created to address a crisis where the survival of the currency union was at stake. Some member states faced the loss of market access, while others began to feel spillover effects. As that crisis gathered steam, it became clear that a permane...
Mid-September last year the European Commission presented a proposal for a new regulation on the free flow of non-personal data in the European Union. This initiative forms part of the "Building a European Data Economy" policy efforts which is a sub-set of the Digital S...
The disruptive effects of the COVID-19 crisis on the Western Balkan economies became visible already in the first quarter of 2020, with annual GDP growth decelerating notably to 2.5% from 4.3% in the preceding quarter. The slowdown was largely driven by a deepening recession in A...
The European economy entered a sudden recession in the first half of this year with the deepest output contraction since World War II. To counter the spread of COVID-19, major containment measures were introduced around the world, voluntarily shutting down large parts of the econ...
