Publications

The European economy is now in its seventh consecutive year of growth and is forecast to continue expanding in 2020 and 2021.

This paper documents the Global Multi-country macroeconomic model and describes its use in economic and policy analysis and forecasting in DG ECFIN.

The forecast for euro area GDP growth in 2019 remains unchanged at 1.2%, while the forecast for 2020 has been lowered slightly to 1.4% following the more moderate pace expected in the rest of this year (spring forecast: 1.5%).

The European economy is forecast to continue expanding for the seventh year in a row this year, with real GDP expected to grow in all EU Member States.

The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State.

Growth in the euro area is forecast to ease from a 10-year high of 2.4% in 2017 to 2.1% in 2018 before moderating further to 1.9% in 2019 and 1.7% in 2020.

This study analyses developments in Cyprus’ housing market before and after the crisis and proposes alternative models to help forecast house prices.

Growth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area.

Growth rates for the EU and the euro area beat expectations in 2017 to reach a 10-year high at 2.4%. Growth is set to remain strong in 2018 and ease...