Spain: a 2018 budget on target, if the Commission likes it or not
By Christine Rifflart With a deficit of 3.1% of GDP in 2017, Spain has cut its deficit by 1.4 points from 2016 and has been […]
Month: June 2018
Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
The participation rate and working hours: Differentiated impacts on the unemployment rate
By Bruno Ducoudré and Pierre Madec In the course of the crisis, most European countries reduced actual working hours to a greater or lesser extent […]
What can be deduced from the figures on inflation?
By Eric Heyer In May, inflation in the euro area moved closer to the ECB target. The sharp rise in inflation, from 1.2% to 1.9% […]
Measuring precautionary savings related to the risk of unemployment
By Céline Antonin The question of how disposable income is shared between savings and consumption involves trade-offs that take place at the household level and […]