February - March 2018
Europe's Largest Economies (E8)
Inquista - €11.058 trillionDuxburian Union - €10.630 trillionAngleter - €6.391 trillionThe United Kingdom - €5.396 trillionAustralia - €2.491 trillionFremet - €1.924 trillionMiraco - €1.405 trillionIcholasen - €918 billion
Europe's Newest Economies
Montenbourg - €888 billionScoye - €15.2 billionOmnibus - €1.834 billionLuxemlandberg - €15.7 billionFreuletia - €1.7 billionThyrnia - €8.535 billion
Wages grew in The United Kingdom, Australia, Miraco, and MontenbourgWages stagnated in Inquista, the Duxburian Union, and Angleter.No wages fell in the European Union for the first time.
European Central Bank Summary:
The economic growth of the European Union is felt across all of its constituent nations, with wages growing and economies powering up. The United Kingdom, leading the old guard of wealthier nations, has done quite a bit of reaching out to the smaller economies, particularly Omnibus in the last month. The impending trade deal should help both countries and in particular Omnibus grow. Inquista, Angleter, and the Duxburian Union have entered a 14 month period of relative wage stagnation, particularly in the Duxburian Union, which has allowed Inquista to overtake and maintain its lead in economic strength. The full report can be read here.
Dr. Michael Reed
President of the European Central Bank