Statistics of the EU

Latest business news about statistics, facts and figures of the European Union

EU bank stress test, asset review by mid-2014: ECB — 17 May 2013, 17:31 CET

A review of banks' assets and a subsequent stress test for euro area banks could be published by mid-2014, before a single European bank supervisor becomes operational, says a top European Central Bank official.

Eurozone posts record trade surplus amid gloom — 16 May 2013, 12:32 CET

The 17-nation eurozone posted a record trade surplus of 22.9 billion euros in March, up from 10.1 billion euros in February, official data showed on Thursday.

IMF releases first bailout funds for Cyprus — 15 May 2013, 22:21 CET

The International Monetary Fund on Wednesday approved a 1.0 billion euro bailout loan for Cyprus and released the first $110.7 million to the Cypriot government.

Eurozone doldrums take toll in Central Europe — 15 May 2013, 17:31 CET

A stubborn eurozone recession is taking its toll on emerging economies on the bloc's eastern frontier that rely heavily on trade with their richer western partners.

Eurozone trapped in austerity-led recession — 15 May 2013, 18:53 CET

The dogged recession across the eurozone has snared key economy France, with the latest EU figures released Wednesday showing a full year-and-a-half of contraction as tens of millions languish in unemployment.

EU toils on preferential status for big depositors in bail-ins — 14 May 2013, 19:03 CET

European finance ministers struggled Tuesday to agree ground rules on how to treat big depositors in future Cyprus-style bank 'bail-ins' when lenders go to the wall.

Support for EU on the slide: Pew survey — 14 May 2013, 12:15 CET

Popular support for the European Union and greater economic integration to combat the debt crisis has fallen sharply, especially in key member France, a Pew Research survey shows.

EU bailout fund releases Cyprus aid payment — 13 May 2013, 18:12 CET

The EU on Monday handed over the first two billion euros of loans agreed under the controversial Cyprus aid deal, the bloc's European Stability Mechanism said in a statement.

Most Latvians oppose joining eurozone: poll — 13 May 2013, 16:21 CET

A majority of Latvians oppose their government's drive to join the eurozone this coming January, an opinion poll in the EU Baltic state showed on Monday.

EU ministers to thrash out tax clampdown — 12 May 2013, 23:28 CET

As tens of millions languish on the dole with EU austerity blamed for deepening recession, finance ministers will switch their focus Tuesday from bailout negotiations to the pursuit of a trillion-euro annual tax-fraud bounty.

Latvia on target for 2014 eurozone bid: statistics — 12 May 2013, 21:44 CET

Eurozone hopeful Latvia was boosted on Friday by economic data which suggested that its bid to adopt the single currency in January was firmly on track.

EU outlines draft for bank accounts open to all — 09 May 2013, 13:30 CET

The European Commission outlined on Wednesday plans to ensure all EU citizens can access banking services that would have to become more transparent and user-friendly.

Latvia faces 'different banking risks' from Cyprus: Fitch — 08 May 2013, 18:18 CET

The international ratings agency Fitch said Wednesday that Latvia faces "different banking risks" than bailed out Cyprus, and emphasised that the Baltic country should be able to adopt Europe's single currency next year.

Dijsselbloem attacks EU financial tax plans — 07 May 2013, 18:13 CET

Dutch Finance Minister Jeroen Dijsselbloem, who also heads the single currency eurozone, said Tuesday his government will fight current plans by 11 EU states to implement a controversial tax on financial transactions (FTT).

Eurozone business activity stuck in doldrums: survey — 06 May 2013, 15:25 CET

Private sector business activity remained weak across the eurozone in April, with Germany registering its first decline since November, a widely-watched survey showed on Monday.

ECB seeks way to unblock credit to SMEs — 02 May 2013, 17:16 CET

The European Central Bank said Thursday it is seeking ways to get credit flowing to small and medium-sized companies in the countries worst hit by the debt crisis.

ECB chief vows liquidity 'for as long as necessary' — 02 May 2013, 22:21 CET

The European Central Bank pledged Thursday to continue to keep banks flush with as much liquidity as needed to keep credit flowing in the debt-wracked eurozone.

Austrian unemployment falls to 7.3% — 02 May 2013, 11:31 CET

Austrian unemployment continued its drop in April, falling to 7.3 per cent of the workforce according to labour and social affairs ministry data, and maintaining the lowest rate in the European Union under a separate EU calculation.

Poland aiming for 1.6% deficit by 2016 — 30 April 2013, 22:44 CET

Polish Finance Minister Jacek Rostowski said Tuesday that Warsaw expects its public deficit to fall to 1.6 percent of output in 2016, from 3.9 percent last year, which would bring Poland well below the EU limit.

Eurozone unemployment hits record 12.1% in March — 30 April 2013, 13:11 CET

Eurozone unemployment hit a fresh record of 12.1 per cent in March, with 19.2 million people on the dole as recession continued to sap Europe's economy.

Eurozone inflation eases to 1.2% in April: Eurostat — 30 April 2013, 11:37 CET

Inflation across the 17-state eurozone eased further in April to 1.2 per cent, comfortably below the European Central Bank's target of near-but-below two per cent, official data showed Tuesday.

Merkel was not seeking to 'advise' ECB: spokesman — 26 April 2013, 14:01 CET

German Chancellor Angela Merkel was not seeking to sway the European Central Bank on interest rate decisions when she -- in a rare move -- waded into a debate on the issue, her spokesman said on Friday.

Eurozone SMEs access to bank loans difficult: ECB — 26 April 2013, 10:54 CET

Small and medium-sized businesses in the eurozone say getting bank loans remains difficult, according to the results of a survey released by the European Central Bank on Friday.

Merkel, IMF wade into ECB rate cut debate — 25 April 2013, 17:33 CET

German Chancellor Angela Merkel and the International Monetary Fund on Thursday waded into the debate on whether the European Central Bank should cut its key interest rates to give the eurozone economy a boost.

ECB's Asmussen plays down rate cut speculation — 25 April 2013, 11:06 CET

A top European Central Bank official played down Thursday growing expectations of a looming cut in eurozone interest rates, saying that such a move should not be seen as a cure-all for the region's debt crisis.