The work was completed under the overall supervision of taffere tesfachew. Currently the environmental policy strategy eps for the period 20092015 3 was replaced by one covering the 2014 2020 period. Economic and budgetary outlook for the european union 2017 page 1 of 69 executive summary this study presents the 2017 economic and budgetary outlook for the european union, explores the most recent developments in eu budgetary negotiations, and focuses on the investment gap in the eu, as a major economic challenge for the union. A mediumterm outlook on the prospects for agricultural markets and income. European outlook recovery fatigue a decelerating recovery. European economy institutional papers are important reports analysing the economic situation and economic developments prepared by the european commission s directorategeneral for economic and financial affairs, which serve to underpin economic policymaking by the european commission, the council of the european union and the european parliament. The global defense outlook in 2014 instability in ukraine, japans efforts to revitalize its defense, continued military buildups in china, and u. The latest economic data suggest that the euro area is gradually advancing on the road to recovery but doubts remain about where that road is leading. The 5year treasury yield decreased by 9 bp in 2014 to 1. Coverage is provided for all oecd member countries as well as for selected nonmember countries. Oecd science, technology oecd science, technology and. Transforming banks, redefining banking global banking. The european biomass association aebiom is the common voice of the bioenergy sector with the aim to develop a sustainable bioenergy market based an fair business conditions in europe.
Largely due to weakerthanexpected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3. Oecd ilibrary oecd economic outlook, volume 2014 issue 1. Eurosystem oversight report 2014 european central bank. Economic and budgetary outlook for the eu 2018 page 1 of 80 executive summary in 2017, the eu and euroarea economies continued their moderate growth s lightly over 2 % in a context of global improvement 3. Apr 25, 2019 the european environment state and outlook 2015 synthesis report the synthesis report informs future european environmental policy in general and its implementation between 2015 and 2020 in particular. Despite setbacks, an uneven global recovery continues. A gradual recovery in domestic and external demand is expected to be the driving factor behind the projected increase in activity.
Plastics the facts 2018 an analysis of european plastics production, demand and waste data. Infographic of global air freight volumes key figures in 2019. It includes a reflection on the european environment in a global context, as well as chapters summarising the state of, trends in, and. Each report contains a mediumterm labour market outlook, assessing likely trends and drivers of labour market developments around the world. This is onethird more than the capacity installed in 2012. Getting regions and cities right, adapting policies to the specificities of where.
The outlook for natural gas demand in europe 4 preface the discovery and development of european indigenous conventional natural gas came later than in north america, and in the 1960s and 1970s, it soon became evident that imports would be required to meet demand across the. Latvia country briefing the european environment state. Plosser, president and chief executive officer federal reserve bank of philadelphia. July 2014 europe s largest source markets lay a solid foundation for growth. These pages provide analysis of economic and policy developments affecting the financial performance of the global airline industry. The european commission shall not be held liable for any consequences stemming from the reuse. External demand will benefit from the global recovery gradually gaining.
From within europe, established source markets are making a steady contribution to. Windmw was the largest developer in the european off shore sector in 2014 with 19. The global employment trends 2014 report highlights the risks of a jobless recovery. While the situation remains incredibly fluid, and the full impact of. European vehicle market statistics 2014 on heavyduty vehicles, in may 2014 the european commission published a strategy for reducing co 2 emissions. Airline expectations for 2020 improve ahead of virus outbreak. According to this strategy paper, the focus of the eu in the short term will be on certifying, reporting, and monitoring heavyduty co 2 emissions. The outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. The european offshore wind industry key trends and. The eu agricultural outlook, published once a year, presents the outlook for major eu agricultural markets and for agricultural income until 2030. The outlook for natural gas demand in europe 4 preface the discovery and development of european indigenous conventional natural gas came later than in north america, and in the 1960s and 1970s, it soon became evident that imports would be required to meet demand across the european geography. Annual market share in 2014 wind farm developersowners 2. This is linked with the latvian national development plan for the period 2014 2020 4 and focuses on the aims of the eus 7th environmental action program.
Regions and cities are on the front lines of many challenges faced by oecd countries today, from education and jobs to health care and quality of life. Where policies and people meet regions and cities are on the front lines of many challenges faced by oecd countries today, from education and jobs to health care and quality of life. Based on an internal analysis of market data from industry members, national associations, government agencies and electric utilities, the figures presented in this edition were discussed during epias annual workshop on market. It is based on a set of assumptions regarding macroeconomic conditions, the agricultural and trade policy environment. European nonfinancial corporations from 2007 to 2014.
Outlook on europe rd221 european equities the global spread of the coronavirus disease 2019 covid19 created a significant amount of market volatility and caused a steep selloff in equity markets in march. Global activity has broadly strengthened and is expected to improve further in 201415, according to the april 2014 weo, with much of the impetus for growth coming from advanced economies. European office outlook autumn 2019 3 amid global economic and geopolitical headwinds, europe continues to enjoy a record low unemployment rate, positive employment growth and increased service sector output for q2 2019. The european commission aims at transforming europe into a more circular and resource efficient economy. Global banking outlook 201415 3 responses business models shift from productcentric to customercentric models as banks strive to restore confidence further exits of business lines and geographies as banks streamline operations and strengthen balance sheets, leading to fewer genuinely global banks emergence of strong regional. Tenyear network development plan 2014 the tyndp 2014 explains how entsoe proposes to integrate by 2030 up to 60% of renewable energy, respecting costefficiency and security through the planned strengthening of europes electricity power grid. The global growth projection for 2015 was lowered to 3. Ecb staff macroeconomic projections for the euro area. The european offshore wind industry key trends and statistics 20 418 offshore turbines came online in 20 in europe, making a record 1,567 mw of new capacity. This years market research suggests that some of our respondents may be adopting a more cautious view on european economic growth for the year ahead. Although downside risks have diminished overall, lowerthanexpected inflation poses risks for advanced economies, there is increased financial volatility in. Ecb staff macroeconomic projections for the euro area, march 2014. The european environment state and outlook 2020 european. Imf world economic outlook weo recovery strengthens.
The complete tyndp package consists of eight documents. There is the potential for further moderate prime yield compression in select european markets in 2018, but a. Economic activity is starting to recover in most developed and emerging economies. The european environment state and outlook 2015 synthesis report the synthesis report informs future european environmental policy in general and its implementation between 2015 and 2020 in particular. European association of plastics recycling and recovery organisations. Ubs european conference 2014 london, england november 12, 2014. The oecd economic outlook is the oecds twiceyearly analysis of the major economic trends and prospects for the next two years. This makes a new total of 6,562 mw of offshore wind power enough to provide 0. Economic and budgetary outlook for the european union 2017. European central bank is expected to keep interest rates on hold at their current record lows until 2019. In accordance with the forward monetary policy guidance of the. Government bond yields are likely to edge upwards during 2018, but the margins to property yields should remain attractive. Energy outlook downloads and archive energy economics home.
The surprise in 2017 had been the length and strength of the growth sweet spot. Smart grid projects outlook 2017 facts, figures and trends in europe flavia gangale julija vasiljevska. The epia global market outlook for photovoltaics pv from 2010 to 2014 is a key publication for the pv sector. However, with a continuation of the uschina trade war, many exportled countries around the world. Microalgaebased products for the food and feed sector. Getting regions and cities right, adapting policies to the specificities of where people live and work, is vital to improving citizens wellbeing. European companies in the global smart grid marketplace.
Moodys changes prologis european properties fund ii s outlook to positive. Moodys upgrades prologis european logistics fund fcpfis ratings to a3. Directorate general for internal policies european parliament. The shortterm outlook for gdp is for a continuation of moderate growth in the eu and the euro area unchanged at 0. This second edition of the oecd regional outlook aims to help countries do just that. Europes acceleration in activity faded this year as the impulse derived from past growth tailwinds faded. Page 4 composition of the survey sample by bank type. In fact, in recent months, business indicators have increased further.