At the Economic Office of PwC we regularly map the macroeconomic developments in Europe. In our newest Europe Monitor we have a closer look at the significance of ESG.
Three letters - i.e. ‘ESG’ - have increasingly gained importance, not only in corporate governance, but also among providers of capital. ESG stands for Environment, Social and Governance. We highlight the significance of ESG in the lead article of the Europe Monitor.
Furthermore, in this Europe Monitor we look at the economic growth in various European countries. In the Eurozone, economic growth has stabilised at a relatively low level slightly above one percent. Nonetheless, current economic conditions are such that the euro area is more vulnerable for demand or supply shocks. In the Country Update we shed a light on the German economy.
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