The coronavirus pandemic represents a major shock for the global and EU economies, with very severe socio-economic consequences. Despite the swift and comprehensive policy response at both EU and national level, the EU economy will experience a recession of historic proportions this year. The Spring 2020 Economic Forecast projects that the euro area economy will […]
Croatia declares its intention to join the euro area
In the margins of the Eurogroup meeting, representatives of the eurozone member states, the European Central Bank (ECB) and Denmark met in the presence of the European Commission and Croatia to discuss prospects of Croatia’s participation in the ERM II. Croatia’s intention to join ERM II shows that the eurozone is a solid anchor of […]
Eurobarometer 479 in all the EU Member States that have yet to adopt the euro
Introducing the euro is seen as positive for the euro area countries… A majority of respondents in all the EU Member States that have yet to adopt the euro thinks that the common currency has had a positive impact on those countries that already use it, the latest Flash Eurobarometer shows. In total, 56% of […]