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European economy

semiconductors osram

European economy 4th July 2021

Europe Is Running Out Of Semiconductors – Here’s What It Can Learn From Tech Survivor Osram

Michael Weinold via The Conversation | The shortage of semiconductor chips has exposed the vulnerability of European high-tech manufacturers that rely heavily on chip imports from Asia. The automotive sector alone, traditionally a European high-tech stronghold, is expected to take a US$110 billion (£79 billion) hit over the coming years as a result. In 2020, high-tech products represented approximately 20% of total exports from the European Union by value, with…

eurocopa 2020 cuando inicia calendario fechas grupos y partidos 1

European economy 20th June 2021

Euro 2020 – A Football Tournament Where The Big Players Come From China And The US

Simon Chadwick and Paul Widdop via The Conversation | While fans will have their eyes firmly fixed on the efforts of players worth billions of pounds on the field, another big money game will be taking place off it. The Euros is one of the world’s biggest sport events, and a bonanza for corporate sponsors and partners. The underdogs in this big-money corporate competition appear to be the Europeans themselves. For an event being staged in countries including England, Italy, Spain and Romania, UEFA draws very few of its sponsors from the continent. Instead, it is clear that organisations from China and the US have both the financial muscle and the tactical brains to successfully dominate the tournament.

europe vaccination

European economy 19th June 2021

Europe Takes Up The Baton

Up to half of European adults have now had at least one shot of the available Covid-19 vaccines, infection rates have fallen dramatically, and lockdowns are gradually easing across the continent. Vaccination success will allow Europe’s economic recovery to catch up with the US and China, says Robeco’s strategist Peter van der Welle.

ECB's president Christine Lagarde

European economy 16th June 2021

The ECB’s Holistic Approach

Laura Becerra (Caixabank Research) | If we want to get a better understanding of monetary policy decision-making, we must pay close attention to changes in financial conditions. To do this, there is an important initial step: knowing how to measure them.

France

European economy 14th June 2021

France Country Report | Massive Stimulus Measures Will Drive Economic Recovery

Crédito y Caución (Atradius) | In the first quarter of this year, French GDP grew 0.4% quarter- on- quarter, supported by the fact that another nationwide lockdown was held off until April. Growth was mainly driven by investment spending and a modest increase in private consumption. While the growth rate in Q2 will be affected by the comprehensive lockdownmeasures imposed in April, the gradual easing of those restrictions in May…

gender equality

European economy 6th June 2021

Gender Mainstreaming In The EU Budget: Time To Turn Words Into Action

The European Court of Auditors assessed whether gender mainstreaming had been applied in the EU budget from 2014 onwards. Their conclusion is that there is not yet any effective framework to support gender mainstreaming, and that the EU’s budget cycle has not adequately taken gender equality into account.They found that only 4 out of the 58 2014-2020 spending programmes had explicit gender-related objectives.

draghi black

European economy 4th June 2021

Italy | Rising Insolvencies Expected As Of H2 Of 2021

Crédito y Caución (Atradius) | Despite the deep economic contraction in 2020, Italian business insolvencies decreased 29% year-on-year. The decline was mainly due to a temporary bankruptcy moratorium and fiscal support. However, with the expiry of temporary adjustments to insolvency law, it is expected that business failures will increase again in H2 of 2021. Looking at the cumulative insolvency growth between 2019 and 2021, Italian business failures are forecast to increase 4%, with further rising insolvencies expected in 2022

europe industry

European economy 2nd June 2021

Microchips? Lack Of Plastics, Metals, Wood…

The Eurozone’s manufacturing PMI rose in May to 63.1 points from 62.9 points in April. May’s final reading is the highest ever for this indicator. In the case of Spain, the manufacturing PMI rose to 59.4, its highest level since May 1998.