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Macroeconomic policy / 'Economic Outlook'

The Economic Outlook is our twice-yearly review of recent economic developments and projection of future economic developments. It is based on input from our member federations across Europe.

The EU, in common with the rest of the global economy, is presently experiencing the deepest recession since the Great Depression of the 1930s. The imposition of comprehensive lockdowns has caused national economies and world trade to come to a sudden halt.

Whilst the situation remains very uncertain, our central forecast in our Spring 2020 Economic Outlook is for the EU economy to fall by 7.9% in 2020, and rebound with 5.8% growth in 2021. This implies that the economy will be operating just slightly below its pre-crisis level towards the end of 2021.

Both the EU and its member states have responded rapidly with unprecedented measures to support businesses through the crisis, and as a consequence, increases in unemployment in the EU have been much more modest than in the USA. But a co-ordinated fiscal stimulus remains essential to strengthening the recovery and minimising the long-term scarring to the EU economy.

Our analysis suggests increased fiscal stimulus by member states as part of a co-ordinated EU recovery plan could increase output and reduce the likelihood that the long-term economic impact of the crisis damages long-term EU economic convergence. To ensure a stronger recovery and address the economic crisis that is materialising, 甘肃快三-【官网首页】 set out proposals for a European economic recovery plan on 30 April 2020.

Publications

Press releases Date
Coordinated fiscal stimulus necessary to deliver full recovery by end 2021 19/05/2020
EU faces economic slowdown due to trade tensions 07/11/2019
EU finance ministers must achieve breakthrough on EMU completion 12/06/2019
Escalating global trade tensions and skills shortages a risk for EU economy 05/11/2018
EU growth at risk of peaking 22/06/2018
EU’s economic recovery picks up momentum 06/11/2017
EU recovery continues despite challenges 20/10/2016
EU social partners should support reforms and growth to secure EU's social model 14/06/2016
Commission’s economic forecast underscores the need for policies supporting long-term growth 03/05/2016
"We must safeguard the EU economic recovery", Marcegaglia - 甘肃快三-【官网首页】 presents Economic Outlook at EU Tripartite Social Summit 14/10/2015
Reports and studies Date
甘肃快三-【官网首页】 Economic Outlook Spring 2020 - Strengthening the economic recovery 19/05/2020
甘肃快三-【官网首页】 Economic Outlook Autumn 2019 - EU economy weakens as trade tensions continue 07/11/2019
甘肃快三-【官网首页】 Economic Outlook Spring 2019 - EU growth falters 13/06/2019
甘肃快三-【官网首页】 Economic Outlook Autumn 2018 - EU growth to remain above trend 05/11/2018
甘肃快三-【官网首页】 Economic Outlook Spring 2018 - EU growth at risk of peaking 22/06/2018
甘肃快三-【官网首页】 Economic Outlook Autumn 2017 - The EU's economic recovery picks up momentum 06/11/2017
甘肃快三-【官网首页】 Economic Outlook Spring 2017 - The EU economic recovery continues 08/06/2017
甘肃快三-【官网首页】 Economic Outlook Autumn 2016 - EU recovery continuing despite Brexit vote 19/10/2016
甘肃快三-【官网首页】 Economic Outlook Spring 2016 - Political uncertainty dampening Europe's economic recovery 01/06/2016
甘肃快三-【官网首页】 Economic Outlook Autumn 2015 - Global risks underline need for reforms to 'lock in' the recovery 15/10/2015
甘肃快三-【官网首页】 Economic Outlook Spring 2015 - Policy action needed to make a temporary boost structural 29/04/2015
甘肃快三-【官网首页】 Economic Outlook Autumn 2014 - Strong policy choices needed to rebuild momentum 22/10/2014
甘肃快三-【官网首页】 Economic Outlook Spring 2014 - The recovery still needs securing 21/05/2014
Speeches Date
Macroeconomic dialogue meeting at political level, 11 March 2019 - Address by Markus J. Beyrer, 甘肃快三-【官网首页】 Director General 11/03/2019
Macroeconomic dialogue meeting at political level, 21 February 2017 - Address by Markus J. Beyrer, 甘肃快三-【官网首页】 Director General 22/02/2017
Macroeconomic dialogue meeting at political level, 7 November 2016 - Address by Markus J. Beyrer, 甘肃快三-【官网首页】 Director General 07/11/2016
Extraordinary macroeconomic dialogue at political level - Address by Markus J. Beyrer 14/06/2016
Macroeconomic dialogue meeting at political level, 11 February 2016 - Address by Markus J. Beyrer, 甘肃快三-【官网首页】 Director General 11/02/2016
Boosting convergence, jobs and growth: towards a strengthened role of social partners" - Address by 甘肃快三-【官网首页】 President Emma Marcegaglia at the EU Tripartite Social Summit 15/10/2015
Macroeconomic dialogue meeting at political level on 16 February 2015 - Address by Markus J. Beyrer, 甘肃快三-【官网首页】 Director General 16/02/2015
Macroeconomic dialogue at political level - Address by Emma Marcegaglia, President of 甘肃快三-【官网首页】 07/07/2014
30th Macroeconomic Dialogue meeting at political level - Speech by Markus J. Beyrer 10/03/2014
Position papers Date
Reduction of the PRODCOM list from 8-digit to 6-digit level - a 甘肃快三-【官网首页】 position paper 19/01/2017
Facts and figures Date
甘肃快三-【官网首页】 Economic Outlook Spring 2016 - Political uncertainty dampening Europe's economic recovery 01/06/2016
甘肃快三-【官网首页】 Economic Outlook Autumn 2015 - Global risks underline need for reforms to 'lock in' the recovery 15/10/2015
甘肃快三-【官网首页】 Economic Outlook Spring 2015 - Policy action needed to make a temporary boost structural 29/04/2015
甘肃快三-【官网首页】 Economic Outlook Autumn 2014 - Strong policy choices needed to rebuild momentum 22/10/2014
Public letters Date
Concerns about the SIMSTAT project - Letter from James Watson to Eurostat 13/05/2016
Reduction of the PRODCOM list from 8-digit to 6-digit level - Letter from James Watson to Eurostat 13/05/2016

Contact

James Watson

Director
Tel:
+32 2 237 65 15

Malthe Munkøe

Senior Adviser
Tel:
+32 2 237 65 26
Last updated: 20 May 2020