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Europe missed an opportunity on banking union
Agorabetween banks and sovereigns." In this case, the sovereigns were members of the single currency whose... on what form the single resolution mechanism for this banking union would take. Wednesday’s deal... on the countries of Southern Europe. This brings us to the second pillar, the single resolution mechanism
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Greek tax wedge remained far above OECD average in 2015
EconomyMacroeconomylast year. The tax wedge for an average single worker reached 39.3 percent in 2015 from 40.4 percent... percent. The comparison for single-earner married couple with two children shows Greece has the 6th... is 9.2 pp lower than that for a single worker due to child-related benefits and tax provisions
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Trade after Brexit: How Greece and the EU will be affected
Agora, customs or other duties) access of the UK to the European Union single market of over 500 million... to the single market, but this couldn’t come without the free movement of people and labour 'migration... Union single market might help them to boost up their balance by reducing the volumes of their UK
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Greece sees highest tax wedge increase among OECD countries in 2016
Economy. For a single worker, Greece’s ranking was the 14th highest among the OECD countries in 2016, one position... that for a single worker. This is attributed to the child-related benefits and tax provisions. However, the tax wedge for a family with children in Greece stands only 1.9 pp below that for the single
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Wolfgang at the door
Agorabody and on the single currency as a whole. Some will argue that as the euro, still in its infancy... Schaeuble’s services to the single currency and Europe in general, these three factors are also... of a great European or that he will leave a lasting positive legacy as far as the single currency
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What's in an Irish border?
Agora, however, bears little resemblance to the dystopian images of that movie. The single market allows... explained that the UK wants to be out of the single market and the customs union once Brexit takes place... part of the village is in the Republic and the other in the UK. If the UK is out of the single market
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Moments to remember from the euro crisis
Agora. The precariousness of the Italian situation, and other threats to the single currency, are the best motivation... investors and bought politicians valuable time to tend to the cracks in the single currency. Like... factors pushing Italy towards the precipice, there can be no complacency within the single currency area
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Breaking up is hard to do
Agorawill be leaving both the EU single market and the customs union. At the same time, May’s government has... they keep open a land border between an EU member state and a country that is outside the single market... to the single market and the customs union after Brexit took place. Indeed, in the first draft
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... year. The rate of unemployment under the single hit scenario is projected to rise by 2.1 percentage... next year. Real GDP growth for Greece is expected to shrink by 8 percent this year under a single
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A summit of little substance
Agorathe Digital Single Market by 2015, which is key for Europe’s future economic development. The Summit... the future Single Resolution Mechanism and the introduction of “contractual arrangements” will be taken.... This ‘bargain’ will include an agreement on the details of a future Single Resolution Mechanism (SRM
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