European economy : coming out of the shadows

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<title>European economy</title>
<subTitle>: coming out of the shadows</subTitle>
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<namePart>Tschekassin, Olga</namePart>
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<namePart>Swiss Re Institute</namePart>
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<dateIssued>2021</dateIssued>
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<abstract displayLabel="Summary">The European economy has bounced back strongly with re-opening boosting output and consumption. As a result, labour market conditions have improved markedly also, with shadow unemployment halving in several countries over the past year. However, slack remains and after peaking in the third quarter, we see slowing but still strong growth next year, amid downside risks</abstract>
<note type="statement of responsibility">Olga Tschekassin</note>
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<topic>Economía</topic>
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<topic>Perspectivas económicas</topic>
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<topic>Empleo</topic>
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<topic>Recuperación económica</topic>
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<topic>COVID-19</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080637743">
<geographic>Europa</geographic>
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<title>Economic insights</title>
<partNumber>Issue 19/2021</partNumber>
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