To date, digitisation in the EU is uneven, although there are signs of convergence. While the frontrunners have remained unchanged, there is a substantial group of Member States that cluster around the EU average. Importantly, most of the Member States that had a lower level of digitisation 5 years ago, are progressing at a faster...
The first half of this year has delivered several adverse shocks that dramatically raised inflation and significantly weighed on growth. Markets have undergone a hawkish repricing as investors weigh the possibility of lower growth in a new era of quantitative tightening. This is further complicated by the potential consequences of higher interest rates with unprecedented...
