Macroeconomic policy / 'Economic Outlook'
The Economic Outlook is our twice-yearly review of recent economic developments and projection of future economic developments. It is based on input from our member federations across Europe.
The EU, in common with the rest of the global economy, is presently experiencing the deepest recession since the Great Depression of the 1930s. The imposition of comprehensive lockdowns has caused national economies and world trade to come to a sudden halt.
Whilst the situation remains very uncertain, our central forecast in our Spring 2020 Economic Outlook is for the EU economy to fall by 7.9% in 2020, and rebound with 5.8% growth in 2021. This implies that the economy will be operating just slightly below its pre-crisis level towards the end of 2021.
|Reduction of the PRODCOM list from 8-digit to 6-digit level - a BusinessEurope position paper||19/01/2017|
|Concerns about the SIMSTAT project - Letter from James Watson to Eurostat||13/05/2016|
|Reduction of the PRODCOM list from 8-digit to 6-digit level - Letter from James Watson to Eurostat||13/05/2016|