Jul 27, 2023

There is a persistent financial literacy gender gap. Out of the nine questions we asked to assess the level of financial literacy, the mean number of correct responses from women was 3.7 (median 4), while that of men was 4.5 (median 5).

Jul 21, 2023

Half of the decline in US inflation since last year is the making of the Fed. The fall of inflation to 3% in June has cheered markets by strengthening the argument that the US economy can achieve a soft landing, avoiding a recession and normalizing inflation.

Jul 20, 2023

Will surging travel prices wash out Southern Europe’s all-important summer season? Beach holidays are the top choice for leisure trips (30.3%) but 41% of European travelers expect to spend more than EUR1,500 on their holidays this summer, up from 33% last year.

Jul 13, 2023

Over the last four years, Eurozone sovereign exposures to the corporate sector have exceeded 20% of GDP. While support measures have helped keep vulnerable firms afloat, there has been considerable economic scarring – and the risk of higher corporate defaults continues to rise.

Jul 12, 2023

One year on since Russia’s invasion of Ukraine, retail sales in Europe have proven more resilient than expected despite record-high inflation and poor consumer confidence.

Jul 06, 2023

The European Commission’s new Economic Security Strategy could not have come sooner, with its focus on boosting Europe’s competitiveness and deepening the Single Market as essential elements for safeguarding the bloc’s economic security.