This Study brings light to the economic factors that contribute to sustainable growth in the European Union (EU) and investigates the political feasibility of economic reforms enhancing such factors. It also explores the aspects influencing competitiveness and fostering convergence and cohesion at EU and Member State levels.
Twenty-one months into deep recession a new and untried Coalition government chose deficit reduction and welfare-to-work as its main priorities, confronting the UK’s numerically weakened trade union movement in its public sector heartlands over pensions, pay and jobs.
"Achieving sustainable growth in a competitive world is challenging. The challenge is even greater for the European Union, as the Old Continent faces a severe competitiveness deficit. Without entering into a health review, that could be delivered at a further stage, of each of the 28 Member States, the ambition of this study is to draw-up a comprehensive picture of EU economic growth.
Inaugural speech by President Luca JAHIER at the international conference: 'Towards a more effective Europe 2020: civil society's proposals for boosting social inclusion and competitiveness in Europe', held in Rome on 4 & 5 December 2014.
Small and medium-sized enterprises (SMEs) are the backbone of the EU economy. According to Commission estimates, the overall contribution of SMEs to EU-27 value added was more than 57% (EUR 3.4 trillion) in 2012. Although the role of SMEs in the EU economy is crucial and their well being should be a priority for European policymakers, they struggle with access to finance, especially in the countries severely hit by the crisis. The Greek experience can and should be taken as a case study and conclusions drawn on how to improve the system for the future.