It otherwise risks being left behind by the US and China
The crisis caused by Russia’s invasion of Ukraine has triggered new forms of co-operation among EU member states
Sharp slowdown attributed to effects of high inflation and rising taxes
Paris-based organisation urges members to protect poorer households and countries from impact of war in Ukraine
Monetary policymakers must be ‘cautious’ as variant could delay world economy’s recovery, organisation says
Improved outlook offers governments leeway to scale back emergency support and focus on investing
An outbreak lasting more than a few months would require extending short-term responses
Monetary policy is not enough on its own — fiscal co-ordination is essential
EU not adequately prepared for a potential shock and must boost growth
A joint stimulus would aid public finances by allowing governments to limit spending
The French president’s fight with the rail unions will be his toughest test so far
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