The ECB is willing to enlarge its balance sheet by EUR 1 000bn


Eurozone

Dovish ECB


The ECB is willing to enlarge its balance sheet by EUR 1 000bn. Too meet that target additional measures could prove necessary.

Autumn forecasts


The European Commission lowered its outlook for European growth. Detailed country forecasts will be used for the reports on economic imbalances and fiscal prospects.

France

Unemployment benefits soon to be tightened?


In France, a new two-year agreement on unemployment insurance was signed in May of this year, running until mid-2016. This new agreement will not help to significantly reduce the regime deficit.

Spain

So far so good

The Spanish recovery risks running out of steam in the quarters ahead. PMI surveys have been declining since summer. The slowdown in export markets could undermine job creations and domestic demand.

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