News

In September 2022, the Economic Sentiment Indicator (ESI) continued its steep decline in both the EU (-3.5 points to 92.6) and the euro area (-3.6 points to 93.7).

The European Commission has presented three proposals to the Council for decisions to grant financial support under the ‘Support to mitigate Unemployment Risks in an Emergency' (SURE) instrument.

The Commission has published its fourth bi-annual report on the implementation and impact of SURE, the €100 billion instrument designed to protect jobs and incomes affected by the COVID-19 pandemic.

The European Commission has presented two proposals to the Council for a decision to grant an additional €550 million in financial support to Croatia under the SURE instrument, bringing the total support to the country to €1.6 billion, and an additional €142 million to Lithuania...

The Commission received the second payment request from Croatia under the Recovery and Resilience Facility (RRF) for a disbursement of EUR 700 million in financial support (net of pre-financing).

In August 2022, the Economic Sentiment Indicator (ESI) decreased further in both the EU (-1.0 point to 96.5) and the euro area (-1.3 points to 97.6).

The European Commission has presented a proposal to the Council for a decision to grant an additional €460 million in financial support to Bulgaria under the SURE instrument, bringing the total support to the country to €971 million.

In August 2022, DG ECFIN’s flash estimate of the consumer confidence indicator recovered 1.0 point in the EU and 2.1 points in the euro area (EA), after hitting the lowest level on record in July. At -26.0 (EU) and ‑24.9 (EA) points.

In July 2022, the Economic Sentiment Indicator (ESI) plummeted in both the EU (-4.2 points to 97.6) and the euro area (-4.5 points to 99.0), falling below its long-term average.