Research and innovation (R&I) is a key part of productivity and economic competitiveness. About two thirds of Europe’s economic growth in recent decades has been driven by technological innovation, and one third of all ...

In the EU, financial services are increasingly provided through “non-bank financial intermediation” (NBFI). By asset value, investment funds are the most important sector of NBFI. They help to ensure the efficient and ...

Official statistics are published by dedicated national authorities and international organisations, providing information on economic and social development. They provide policy-makers with reliable, up-to-date information ...

The COVID-19 outbreak brought major travel disruption, leading to the cancellation of around 70 % of all flights and a collapse in new bookings. Many passengers had their flights cancelled by their airlines, while others ...

Tourism is a significant economic sector in the EU. It accounts for an estimated 10 % of EU GDP and 12 % of the EU's total labour force. The EU's tourism policy aims to maintain Europe's standing as a leading tourist ...