In 1990, exchange controls within the European Economic Community were abolished, allowing for the free flow of capital. Although there were crises under the ERM—for example, the United Kingdom was ...

The EU faces a ‘slow agony’ without significant investment and reform, a top European economist has forewarned. If the continent hopes to catch up with the US and China, it will need to make some radi ...

In 1974, in Paris, the heads of state or government of the (then) European Economic Community agreed that they should meet regularly as the ‘European Council’. The first meeting under this official ...

In 1957, the Treaty of Rome created the European Economic Community, which broadened the scope of co-operation, and allowed for the free movement of all goods, services and people across borders.

It finds that the European growth model has been a powerful engine for economic convergence, helping developing countries in Europe catch up to their richer neighbors and become high-income economies.

The legal basis for the European Semester process can be found in Articles 121 ... More recently, the Union’s reviewed economic governance framework, in force since 30 April 2024, introduced changes ...