The Progressive Economy initiative is pleased to announce the 2016 independent Annual Growth Survey (iAGS). This fourth edition of the iAGS report, written by four independent economic institutes, is entitled "Give recovery a chance". The report analyses the economic situation in Europe, compares various scenarios of economic policy and makes recommendations on economic priorities for the year ahead. It highlights that while Europe runs a huge trade surplus against the world, this has come at the price of high unemployment and suppressed domestic investment. The iAGS 2016 is available here.