By Lewis Dijkstra Deputy Head of Unit

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Presentation transcript:

The impact of the crisis in the countries, regions and cities of the EU By Lewis Dijkstra Deputy Head of Unit Analysis Unit, DG Regional Policy 1

Impact of the recession

Impact by country and sector

Impact on trade in goods

Trade in goods in highly impacted MS

Impact on FDI

FDI balance in highly impacted MS

Impact on remittances

Unemployment

(return) Migration

Employment growth

Conclusion Recession in Europe is highly heterogeneous in terms of causes, impact, duration and consequences …. and it is not over yet The following issues require different responses: Public debt Banking sector Housing sector Poverty and exclusion Official statistics