Quarterly Report on the Euro Area (QREA), Vol. 16, No. 1 (2017)

The Quarterly Report on the Euro Area is intended to contribute to a better understanding of economic developments in the euro area and to improve the quality of the public debate surrounding the area's economic policy. Through a comparative analysis across groups of European Union countries, section I shows that Member States with high Non-Performing Loans ratios have also experienced below average economic growth, the most visible contractions in bank lending and investment ratios below the EU average. Section II reflects on the specifics of intangibles, groups relevant characteristics and relates investments in intangibles to a series of potential drivers and barriers. Section III discusses the limits of traditional measures like the real effective exchange rate in capturing price competition and then focuses on the other determinants of competitiveness.

• Primary Source

European Commission: DG for Economic and Financial Affairs: Quarterly Report on the Euro Area Volume 16, No 1 (2017) https://ec.europa.eu/info/sites/info/files/ip049_en.pdf

European Commission: DG for Economic and Financial Affairs: A macroeconomic perspective on non-performing loans (NPLs) https://ec.europa.eu/info/sites/info/files/ip049_en_i_npls.pdf

European Commission: DG for Economic and Financial Affairs: Unlocking investment in intangible assets in Europe https://ec.europa.eu/info/sites/info/files/ip049_en_ii_unlocking_investm.pdf

European Commission: DG for Economic and Financial Affairs: Assessing the price and non-price competitiveness of the euro area https://ec.europa.eu/info/sites/info/files/ip049_en_3_price_and_non-price_competitiveness.pdf

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