Quarterly Report on the Euro Area (QREA), Vol. 24, No. 4 (2025)

This Quarterly Report analyses the cyclical behaviour of risk-sharing across euro area countries, provides evidence for the usefulness of firms’ selling price expectations in forecasting HICP in the euro area and presents the key economic arguments that underpinned the Council decision on the introduction of the euro in Bulgaria.

• Chapter I. The cyclicality of international risk sharing within the euro area
• Chapter II. Selling price expectations and consumer price inflation in the euro area
• Chapter III. The euro area has a new member: Bulgaria

Information and identifiers

Institutional Paper 331. December 2025. Brussels. PDF. 52pp. Tab. Graph. Bibliogr. Free.

KC-01-25-085-EN-N (online)
ISBN 978-92-68-35314-1 (online)
ISSN 2443-8014 (online)
doi:10.2765/9026876 (online)

JEL classification : D84, E00, E21, E31, E37, E62, E63, F02, F15, F55, G15.

Disclaimer

European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission.