Business and consumer survey results for March 2020: Euro area and EU Economic Sentiment falls dramatically – Employment Expectations plummet

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Latest business and consumer surveys

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Commission Staff Working Document: European Financial Stability and Integration Review (EFSIR)

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Press Release: Euro area insurance corporation statistics: fourth quarter of 2019

Total assets of euro area insurance corporations decreased to €8,706 billion in the fourth quarter of 2019, from €8,770 billion in the third quarter. Debt securities accounted for 41.0% of the sector’s total assets in the fourth quarter. The second largest category of holdings was investment fund shares (26.8%), followed by equity (10.8%) and loans (7.1%).

Written Answer to a Question: Statement by Commissioner Hahn on Germany’s GDP growth through the EU’s internal market

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Press Release: Highest proportion of government expenditure goes to social protection and health

In 2018, total government expenditure in the European Union (EU) amounted to 46.7% of gross domestic product (GDP). This share has steadily decreased since 2012, when it stood at 49.7% of GDP.

Among the main functions of general government expenditure in the EU, ‘social protection’ is by far the most important, equivalent to 19.2% of GDP in 2018. The next most important areas are ‘health’ (7.0%), ‘general public services’ (6.0%) such as external affairs and public debt transactions, ‘education’ (4.6%) and ‘economic affairs’(4.4%). The functions ‘public order and safety’ (1.7%), ‘defence’ (1.2%), ‘recreation, culture and religion’ (1.1%), ‘environmental protection’ (0.8%) and ‘housing and community amenities’ (0.6%) have more limited weights.

OPP Meeting Summary: Competitiveness Council – European Green Deal – a transition to a climate neutral and circular EU industry (27 February 2020)

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Agenda: Recovery Expert Group (for mutual tax recovery assistance) (main group) (26-27 February 2020)

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OPP Meeting Summary: EP ECON Committee – Economic Dialogue and exchange of views on the Autumn Fiscal Package of the 2020 European Semester (27 January 2020)

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