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This paper is a compilation of the economic chapters contained in the European Commission’s 2025 Country Reports on enlargement countries.

The new European Macroeconomic Report (EMR) delves into macroeconomic risks and vulnerabilities, as well as economic challenges and opportunities for the EU and the euro area. It underpins both the Euro Area Recommendation and the Alert Mechanism Report, with the goal of simplifying...

The EU economy outperformed expectations in the first nine months of 2025, as exports were frontloaded in anticipation of tariffs and investment was stronger than anticipated.

This Quarterly report examines three policy topics: recent trends and challenges in EU tax expenditures, the effect of public defence R&D on private R&D, and the impact of monetary policy on labour supply.

This annual report presents a review of key policy developments and analytical findings in the area of public finances.

This Quarterly Report revisits some of the past euro area vulnerabilities, to assess their state of play, in a context in which the erratic policies on the other side of the Atlantic have increased pressure on the euro area to take this window or opportunity to reassert itself in the global economy.

This Interim Progress Report informs about the progress made on the national transposition of the amendments to EU directive on budgetary frameworks.

This Quarterly Report presents research on euro area economic and financial issues, including a new model to break down interest rates, an analysis of housing market trends amid low rates, and a study suggesting that recent corporate profit increases mainly reflected temporary cost pressures.

This paper provides additional details on the approach followed by the Commission to assess whether the sustainability condition is fulfilled and on the findings of the analysis for the Member States that have requested the activation of the national escape clause.

This paper provides the assessment of Bulgaria’s fulfilment of the conditions for adopting the single currency.