Statistics of the EU

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

Greek drama reveals a more euro-cautious Germany — 21 March 2010, 13:56 CET

As Europe looks to Germany for answers on how to bail out debt-stricken Greece, Berlin has become ever more willing to defend its national interests rather than toe the European line, analysts said.

Europe waits on Germany as Greece deadline looms — 21 March 2010, 13:55 CET

The summit opens on Thursday, the subject isn't even on the agenda and the markets have control of the political keys, even as Germany debates what to do about Greece.

Pressure mounts over IMF role in Greek crisis — 19 March 2010, 22:48 CET

Europe split over IMF intervention for debt-ridden Greece on Friday, upping pressure on national leaders to resolve crisis plans just days from a crunch EU summit.

Barroso calls for swift EU agreement on aid for Greece — 19 March 2010, 22:52 CET

EU Commission chief Jose Manuel Barroso on Friday urged member states to approve "as soon as possible" the creation of a financial aid mechanism for Greece to use if necessary.

Pressure mounts over IMF role in Greek crisis — 19 March 2010, 18:42 CET

Europe split over IMF intervention for debt-ridden Greece on Friday, upping pressure on national leaders to resolve crisis plans just days from a crunch summit.

Germany says IMF aid an option for Greece — 19 March 2010, 15:58 CET

Germany is open to International Monetary Fund aid for Greece, Chancellor Angela Merkel's spokesman said on Friday, describing the creation of a European version of the fund as a longer term objective.

Greece should consider insolvency if cannot pay debt: German central banker — 19 March 2010, 14:01 CET

Greece should be prepared to declare itself insolvent if it cannot repay its debts, a director of the German central bank said in remarks published Friday, signalling a hard line against help for heavily indebted EU countries.

Berlin sees trade surplus criticism as compliment — 19 March 2010, 14:01 CET

Foreign criticism of Germany's trade surplus, most recently from France, is a compliment, Finance Minster Wolfgang Schaeuble said on Friday.

Europe turns towards IMF fix for Greece — 19 March 2010, 16:02 CET

The euro fell sharply Friday as the European Commission pressed EU member states to approve financial aid pledges for debt-laden Greece amid a shift toward IMF intervention in the crisis.

Dutch government backs IMF option for Greece — 19 March 2010, 11:24 CET

The Dutch finance minister has supported the idea of Greece getting financial help from the International Monetary Fund but said it would probably not be enough.

Greece urges EU aid, but Germany 'open' to IMF appeal — 19 March 2010, 00:49 CET

Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.

IMF expects EU to resolve Greece debt crisis — 18 March 2010, 17:10 CET

The IMF still expects the EU to resolve the Greece debt crisis even though the country is considering resorting to the Fund for a bailout, an IMF spokeswoman said on Thursday.

Germany 'open' to IMF help on Greece — 18 March 2010, 17:09 CET

Germany would be amenable to an intervention by the International Monetary Fund to bail out debt-stricken Greece, government sources said on Thursday, insisting that Athens has not yet asked for aid.

'Natural' for Greece to keep IMF option open: EU official — 18 March 2010, 16:21 CET

The European Commission said Thursday it was "natural, logical and prudent" for Greece to keep all options open as Athens considers the possibility of going to the IMF.

Greek PM warns could resort to IMF, rejects eurozone ban — 18 March 2010, 15:21 CET

Greek Prime Minister George Papandreou warned on Thursday that Greece might have to resort to IMF aid and rejected a German call to expel eurozone nations in serious breach of fiscal rules.

Eurozone back into trade deficit in January — 18 March 2010, 15:16 CET

The eurozone flipped back into a trade deficit of 8.9 billion euros in January, after posting a 4.1-billion-euro surplus in December, official data showed on Thursday.

Euro drops as Greece ups stakes in EU debt row — 18 March 2010, 15:34 CET

Greece warned Europe on Thursday it may go to the IMF unless it gets concrete aid pledges from European leaders next week in a new confrontation over its debt crisis that is hitting the euro.

Greek premier refuses to rule out IMF appeal — 17 March 2010, 20:22 CET

Greek Prime Minister George Papandreou on Wednesday refused to rule out an appeal for aid to the IMF, if European backing is insufficient to resolve its debt crisis.

Portugal places bonds after announcing debt action — 17 March 2010, 22:53 CET

Portugal, fighting off a debt crisis, said Wednesday it had raised 1.25 billion euros (1.725 billion dollars) in a bond issue at an interest rate lower than that on a similar operation a month ago.

Euro fund talk a 'distraction' from Greece: IMF chief — 17 March 2010, 17:38 CET

The head of the International Monetary Fund, Dominique Strauss-Kahn, said Wednesday that talk of a European equivalent for future crisis prevention was a "distraction" from urgent problems in Greece.

Global recovery better than expected: IMF — 17 March 2010, 15:44 CET

Economic recovery is proceeding "better than expected" allowing a global growth forecast of four percent this year, International Monetary Fund chief Dominique Strauss-Kahn said Wednesday.

Greece warns it might revive IMF rescue option — 17 March 2010, 15:44 CET

Greece warned on Wednesday it might have to seek help from the International Monetary Fund if the European Union does not do more to help it out of a debt crisis.

Merkel moots eurozone expulsion for fiscal sinners — 17 March 2010, 15:44 CET

The 16-nation eurozone must have the option of expelling a member from the club if a country persistently breaks its rules, German Chancellor Angela Merkel said Wednesday.

Portugal places bonds after announcing debt action — 17 March 2010, 15:44 CET

Portugal, which is fighting off a debt crisis, said on Wednesday it had raised 1.25 billion euros (1.725 billion dollars) at an average interest rate 17.5 points below a eurozone benchmark, the Euribor rate.

Excluding nations from eurozone must be an option: Merkel — 17 March 2010, 15:52 CET

The eurozone must have the option of removing one of its members from the club if a country persistently breaks its fiscal rules, German Chancellor Angela Merkel said on Wednesday.