Given that final consumption of households has contributed on average to broadly 60% of EU-28 GDP since 2001, an assessment of the drivers behind its dynamics is quite timely in a context of gradual economic recovery.
Alistair Milne argues in this ECRI Commentary that ‘FinTech’ (newly emerging Financial Technologies) can play a crucial role in achieving European policy objectives in the area of financial markets.
The liberalisation of Eastern Europe’s market during the 1990s and the 2004 EU enlargement have had a great impact on the economies of Central and Eastern Europe (CEE).
In recent decades, a growing body of academic literature has focused on the possible negative effects of high levels of home ownership, especially on labour markets.
There are two main objectives behind the EC proposal on banking structural reform: the financial stability objective and the economic efficiency objective.
The Data Protection Regulation proposed by the European Commission contains important elements to facilitate and secure personal data flows within the Single Market.
The ECRI Commentaries Series provides short comments on ongoing developments as regards credit markets and other relevant developments in the field of financial services. ECRI researchers as well as external experts contribute to this series.
The institute's flagship publication provides the latest available statistical information on consumer and other credit to households in Europe, allowing its user to make meaningful comparisons between all 27 EU member states.
The ECRI Policy Brief Series provides short analyses of ongoing developments affecting credit markets in Europe. ECRI researchers as well as external experts contribute to this series.
What drives household consumption in the EU-28?
Given that final consumption of households has contributed on average to broadly 60% of EU-28 GDP since 2001, an assessment of the drivers behind its dynamics is quite timely in a context of gradual economic recovery.