Memo: Commission publishes report on ‘Energy Economic Development in Europe’

Energy is an important issue in the macroeconomic surveillance of Member States. It affects the macroeconomic performance through several channels, the main one being the link to competitiveness, since energy costs affect the production costs of industries and services, as well as the purchasing power of households and the overall external balance.

The report 'Energy Economic Development in Europe' provides analysis and evidence for the economic impact of energy cost developments, including the energy and climate policy, in EU Member States, over the past few years.

European Commission: DG Economic and Financial Affairs: European Economy, No.1, 2014: Energy Economic Developments in Europe http://ec.europa.eu/economy_finance/publications/european_economy/2014/pdf/ee1_en.pdf

EurActiv, 22.01.14: Efficiency and renewables make Europe competitive, EU study says http://www.euractiv.com/energy/eu-study-efficiency-renewables-e-news-532921

ESO: Background information: Green Fade-Out: Europe to Ditch Climate Protection Goals http://www.europeansources.info/record/green-fade-out-europe-to-ditch-climate-protection-goals/

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