LEADER 03054nam 22003613a 450 001 9910832995303321 005 20231108184542.0 010 $a92-861-5506-9 035 $a(CKB)5690000000124177 035 $a(ScCtBLL)8e673c11-14b2-489b-bd5d-ff95006b60b1 035 $a(EXLCZ)995690000000124177 100 $a20231108i20232023 uu 101 0 $aeng 135 $auru|||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aAdvancing digital technologies and investment in employee training$eComplements or substitutes? /$fEuropean Investment Bank 210 1$a[s.l.] :$cEuropean Investment Bank,$d2023. 215 $a1 online resource (56 p.) 225 1 $aECONOMICS - WORKING PAPERS 2023/01 330 $aPolitical strife caused by the war in Ukraine, an energy crisis and tightening credit are hitting EU firms just as they were beginning to emerge from the COVID-19 crisis. While the pandemic was a major shock, sizable policy support enabled firms to survive and transform. Relatively easy access to funding also helped them weather the crisis. Pandemic support has since been pulled back, however, and now firms are grappling with high inflation, instability and tighter credit conditions. These combined pressures are souring firms' outlook. The report provides insight into the state of the European economy and its ability to withstand these crises while also becoming greener and more digital. The analysis is based on the EIB Group's annual Investment Survey, which surveyed 13 000 firms in the European Union from April until July 2022 on their performance, investment, financing issues and challenges. The report's Key Findings are available here. Contents Executive summary Introduction Part I Investment environment in a time of crises 1. The macroeconomic context 2. Investment in Europe 3. A corporate sector buffeted by shocks Part II Resilience and renewal 4. Trends in regional and social cohesion 5. Progress on digital transformation 6. Green transition and the energy crisis Data annex Glossary of terms and acronyms The chapters in charts Chapter 1 - The macroeconomic context Chapter 2 - Investment in Europe Chapter 3 - A corporate sector buffeted by shocks Chapter 4 - Regional and social cohesion Chapter 5 - Progress on digital transformation Chapter 6 - The energy crisis and green transition 410 $aECONOMICS - WORKING PAPERS 2023/01 606 $aBusiness & Economics / Banks & Banking$2bisacsh 606 $aEconomics 615 7$aBusiness & Economics / Banks & Banking 615 0$aEconomics 801 0$bScCtBLL 801 1$bScCtBLL 906 $aBOOK 912 $a9910832995303321 996 $aAdvancing digital technologies and investment in employee training$94129385 997 $aUNINA