Euro Area growth is gaining momentum

Euro area growth is strengthening in the course of this year according to the August estimate of the EUROGROWTH Indicator. The indicator points to a further acceleration of growth to 0.6 and 0.7 per cent in the second and third quarter of this year, respectively. The estimated growth rates are the highest since winter 2010/2011.

More information on this topic on our Euro Growth Indicator section.

The proceedings of the 2014 EUROFRAME conference "What Future of Taxation in the EU" have been released as a special issue of the Revue de l'OFCE and can be downloaded here or from the OFCE webpage.


Recovery Euro area GDP growth expected to remain on track

GDP growth in the euro area will slightly accelerate to 0.6 per cent in the second quarter of 2015 from 0.4 percent both in the final quarter of last year and in the 1st quarter of 2015, according to the July EUROGROWTH Indicator estimate. While the second quarter estimate is unchanged from last month, the estimate for the third quarter is revised downwards, from +0.7 % to +0.5 percent, reflecting somewhat weaker confidence in the industrial sector.

More information on this topic on our Euro Growth Indicator section.

A revised programme of the 12th Euroframe June conference dealing with Challenges for Europe 2050 to be held in Vienna on June 12th 2015 has been released. Download here.