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Who benefits from EU recovery?


The European Commission raised its economic growth forecast for the EU to 1.8 percent at the start of May. Meanwhile the crisis countries are still struggling with high unemployment and sovereign debt. When will the citizens start to feel the benefits of the upturn?



El País - Spain | Friday, 26. June 2015

Spain overcomes crisis only thanks to low wages

Wages in Spain also dropped in 2013, as a comprehensive report by the INE statistics agency shows. Because income is distributed less equally the country's tentative recovery is built on sand, the centre-left daily El País believes: » more


Cinco Días - Spain | Thursday, 18. June 2015

EU cracking down on tax avoidance

The European Commission published an action plan for combating corporate tax avoidance on Wednesday that would mean a company pays taxes in the country where its profits are generated. A major step in the right direction, the centre-left business daily Cinco Días writes approvingly: » more


Naftemporiki - Greece | Friday, 5. June 2015

Spaniards losing their homes despite recovery

According to Spain's National Statistics Institute, the Spanish economy grew by 0.9 percent over the previous quarter QOQ in the first quarter of 2015. The conservative daily Naftemporiki believes the figures are obscuring the sad reality: » more


Kansan Uutiset - Finland | Wednesday, 3. June 2015

Ireland's boom just an illusion

Just because Ireland's economic indicators are positive this doesn't mean it should be held up as the model pupil for overcoming the crisis, the left-leaning daily Kansan Uutiset believes citing Macdara Doyle, communications officer at the Irish Congress of Trade Unions: » more


Trends-Tendances - Belgium | Tuesday, 26. May 2015

Botox economy only hides the crisis

In an interview with the French magazine L'Expansion at the end of April, economist Daniel Cohen warned against believing that the euro crisis was over. For Cohen, none of the Eurozone's fundamental problems have been solved. A complete indictment of Europe's governments, the business magazine Trends believes: » more


Cinco Días - Spain | Thursday, 21. May 2015

Spain must continue to bolster export boom

Spanish companies exported more than 23 billion euros in goods in the month of March. The country's foreign trade deficit decreased by 15 percent in the first quarter of 2015. Although the euro's low exchange rate is opening up new markets for Spanish goods in other parts of the world the stability of the Eurozone is still essential if this positive trend is to continue, the centre-left business daily Cinco Días points out: » more


De Tijd - Belgium | Wednesday, 13. May 2015

Belgian government mustn't let up on reforms

According to an economic forecast presented on Tuesday by the Belgian Economics Institute the country's economy will grow by up to 2 percent in 2016. The austerity policy is paying off, the business daily De Tijd comments approvingly: » more


Naftemporiki - Greece | Wednesday, 13. May 2015

Greek economy more robust than expected

Several indicators point to a recovery of the Greek economy in recent months, the conservative daily Naftemporiki writes, and sees this as a call for action from the government: » more



El País - Spain | Sunday, 10. May 2015

Export champion Germany must invest

Germany's exports reached an all-time high of 107.5 billion euros in March, the German Federal Statistical Office revealed on Friday. But instead of increasing its trade surplus Germany should finally start increasing its investments to boost the European economy, the left-liberal daily El País urges: » more


Večer - Slovenia | Wednesday, 6. May 2015

EU citizens don't benefit from upturn

The EU Commission on Tuesday raised its economic forecast for the European Union as a whole to 1.8 percent. But the people aren't benefitting at all from the upswing, the liberal daily Večer complains: » more


ABC - Spain | Wednesday, 15. April 2015

Spain can get even more from tourism

The IMF predicted 2.5 percent growth for Spain in 2015 on Tuesday. That's above all thanks to the tourism industry, the conservative daily ABC writes approvingly, but warns that the country must not rest on its laurels: » more


The Times - United Kingdom | Monday, 6. April 2015

Tories not rewarded for economic upturn

Four and a half weeks before the general election in Britain, the governing Tories are neck-and-neck with the opposition Labour Party. That shows how the country's economic situation is not the primary concern for voters, the conservative daily The Times believes: » more


Público - Portugal | Monday, 30. March 2015

Recovery not reaching all Portuguese

Unemployment rate continues to rise in Portugal, the latest figures published by its national statistic agency reveal. Joblessness rose from 13.8 to 14.1 percent between January and February and testifies to a reality very different to the "economic recovery" much applauded by Lisbon and Europe, the liberal daily Público comments: » more


Financial Times - United Kingdom | Sunday, 15. March 2015

Grexit would be disastrous in the short term

Greece's exit from the Eurozone would cut off the country from the external funding it so urgently needs, the liberal business daily the Financial Times warns: » more


Financial Times - United Kingdom | Thursday, 5. March 2015

Draghi securing recovery in Europe

The large-scale bond-buying programme will help put the recovery in the Eurozone on a stable footing, the liberal business daily Financial Times comments approvingly: » more


 

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Further articles on the subject » Economy, » Economic situation, » Economic Policy, » Europe
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