Foreword

Clemens Fuest

EEAG Report on the European Economy, 2017, 01-02

Abstract: The European economy continued to recover in 2016, albeit at a slightly slower pace. Within the euro area in particular, the ultra-loose policy of the European Central Bank, with its negative interest rates and quantitative easing, led to a devaluation of the euro and boosted Eurozone exports. Structural weaknesses like poor competitiveness and large volumes of nonperforming loans in the financial system, however, illustrate persisting disparities within the European Union. Combined with growing political instability – both within the European Union and around the world – they make Europe’s future economic development look very uncertain.

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cesifo.org/DocDL/eeag-2017-foreword.pdf (application/pdf)

Related works:
Journal Article: Foreword (2019)
Journal Article: Foreword (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:eeagre:v::y:2017:i::p:01-02

Access Statistics for this article

More articles in EEAG Report on the European Economy from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().