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An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. The production, consumption, and distribution of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.
European Economy contains major reports and communications from the Commission to the Council and the Parliament on the economic situation and economic developments. The series includes economic forecasts, the EU economy review, euro area and public finances reports.
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third one in purchasing power parity (PPP) terms, after China and the United States.
The European Commission proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in…
ECB's Lagarde believes inflation pressure in Eurozone is temporary but Eurogroup finds that economic recovery is on hold. Further work…
Is this the year we overcome the global economic crisis caused by the pandemic? Are our jobs in danger? Who…
The Conference on the Future of Europe is a citizen-led series of EU debates to enable European to share ideas…
While the coronavirus pandemic has been impacting on European daily lives for more than a year, attitudes towards the EU…
The COVID-19 pandemic seriously impacted all economies around the world last year, with trillions of dollars of lost earnings. UN…
eDelivery provides technical specifications and standards, software and ancillary services for advanced customs controls and data exchange. By building with eDelivery,…
As the latest data shows an 85% fall in tourist arrivals across Europe at the start of 2021, UNWTO has…
A more prominent international role for the common currency would benefit the euro area and its citizens by ensuring more…
The European Commission and the High Representative have adopted their latest annual report to the European Parliament and the Council…
US Biden plan of $1.9tn stimulus programme will boost the US recovery, it will drive global recovery and it will…
Christine Lagarde, President of the Europen Central Bank forecasts temporary inflation rise for 2021 up to 1.5% with limited wage…
Policy makers and economists are confronted with the challenge of COVID-19 recovery, towards a carbon neutral economy to debate climate…
A global economic recovery is in sight but a faster and more effective vaccination rollout across the world is critical…
Around a third of 217 world travel destinations surveyed remain completely closed to international tourists, as concerns grow over the…
Progress for women in work could be back at 2017 levels by the end of 2021 as a result of…
The European Commission adopted a Communication providing Member States with broad guidance on the conduct of fiscal policy in the…
EU gives €330 billion for new EU investment priorities through the 2021-2027 cohesion package to boost recovery from the pandemic.…
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