The European Semester process of macroeconomic country analysis by the European Commission has been driven by economic orthodoxy in support of austerity—when sustainability should be the watchword. It was during the climax of the so-called euro sovereign debt crisis that the independent Annual Growth Survey (iAGS) was initiated, with the first report published in November […]

Although Eurozone countries have returned to growth since the financial crisis, the pace of the recovery remains relatively slow and fragile, as underlined in recent economic forecasts by the IMF and OECD. Xavier Timbeau writes that in the current economic climate Europe should view the transition to a zero carbon economy as a key investment opportunity. He […]