There is a widespread perception that imbalances within the euro area are not adjusting, the major difficulty being … number of euro-area countries appear to be bringing fruits in terms of reduced downward wage rigidities. Although the …

Amidst current fears of recession and economic stagnation, this note presents an optimistic view of the euro area …

incompatible with Europe’s social market economy. convergence in the eu and in the euro area is a necessity: the European growth … long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence … single market, a key asset to promote growth and economic well-being, does not undermine the ability of countries to raise …

retraining, greater reliance on market financing, and higher investment in both R&D and higher education. This requires a massive …