Statistics of the EU

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

Austria regrets Moody's rating action — 14 February 2012, 10:15 CET

Austria said Tuesday it regretted Moody's decision to downgrade the outlook on the country's credit rating, saying the company had failed to take into account a massive austerity plan.

Moody's cuts ratings, outlooks on nine EU countries — 14 February 2012, 10:06 CET

Moody's on Monday chopped the debt ratings of Italy, Spain and Portugal and put France, Britain and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis.

Greece still needs to 'convince' eurozone partners: EU — 09 February 2012, 19:09 CET

Greece still needs to convince eurozone partners that it will implement economic reforms and budget cuts before it can get a new bailout, the European Union's economic affairs chief said on Thursday.

Eurogroup may hold Greece talks Thursday: Juncker — 08 February 2012, 14:07 CET

Eurozone finance ministers may hold talks on the Greek debt rescue package tomorrow depending on the outcome of negotiations in Athens, the head of the Eurogroup said Wednesday.

Brent oil strikes six-month high in London — 07 February 2012, 23:42 CET

Securities worries in Nigeria and a relatively buoyant view of the European Union economy from the US central bank chief pushed oil prices higher on Tuesday.

France signals nine eurozone states ready to trigger FTT — 08 February 2012, 14:43 CET

French Finance Minister Francois Baroin signalled Tuesday that nine eurozone governments are ready to press ahead with the introduction of a Paris-inspired financial transactions tax.

Europe crisis could halve China's growth: IMF — 06 February 2012, 16:57 CET

An escalation of Europe's debt crisis could slash China's economic growth in half this year, the International Monetary Fund said Monday, urging Beijing to prepare stimulus measures in response.

ECB bond purchases remain negligible — 06 February 2012, 16:42 CET

Data published by the European Central Bank on Monday revealed that the bank's purchases of the bonds of eurozone nations remained negligible last week amid signs of stabilisation on sovereign bond markets.

Europe crisis could halve China's growth: IMF — 06 February 2012, 16:43 CET

An escalation of Europe's debt crisis could slash China's economic growth in half this year, the International Monetary Fund said Monday, urging Beijing to prepare stimulus measures in response.

Eurozone official public debt eases to 87.4% of GDP — 06 February 2012, 11:22 CET

Public sector debt across the eurozone edged down to 87.4 per cent of gross domestic product (GDP) in the third quarter of 2011, the European Union said on Monday.

With job spurt, US economy races ahead of Europe — 05 February 2012, 20:55 CET

The latest surge in US job creation suggests the world's biggest economy is gathering momentum -- in contrast with the recession taking hold in parts of Europe.

Italian PM says euro crisis nearing end, has raised tensions — 04 February 2012, 22:41 CET

Italian Prime Minister Mario Monti said on Saturday the eurozone crisis had reopened old European wounds and tensions, although he saw a light at the end of the tunnel of the financial turmoil.

Euro finance ministers scrap meeting as Greek talks drag on — 03 February 2012, 18:44 CET

Eurozone finance ministers scrapped plans to meet Monday, just days before a bond swap to avoid a default is due to start.

Eurozone private sector rebounds: PMI survey — 03 February 2012, 12:21 CET

Eurozone private sector activity bounced back in January after four months of contraction, a key survey showed Friday, with notable increases in the two biggest economies, Germany and France.

Eurozone retail sales slip during key holiday period — 03 February 2012, 12:23 CET

Eurozone retail sales fell in the key run-up to Christmas, dropping 0.4 per cent in December compared with November, the European Union's data agency said on Friday.

Eurozone needs 'federal fiscal union' to survive: Czech PM — 02 February 2012, 15:43 CET

Czech Prime Minister Petr Necas, who recently nixed his country's membership in the EU's new budgetary discipline pact, on Thursday said the eurozone needed a federal fiscal union in order to survive.

Spain pays lower rates in EUR 4.56bn bond issue — 02 February 2012, 12:12 CET

Spain's borrowing rates tumbled Thursday in a sale of its medium-term bonds, the central bank said, a fresh sign of easing market confidence as the country fights to stabilise its finances.

Eurozone inflation steady at 2.7% in January — 01 February 2012, 23:54 CET

Eurozone inflation held steady in January at 2.7 percent, still above the European Central Bank target as signs emerged of manufacturing growth in Germany.

Eurozone manufacturing turns as German output expands — 01 February 2012, 10:42 CET

Signs of recovery in the German manufacturing sector brought encouragement to the eurozone Wednesday with the downturn in industry easing, a key survey said.

Race to fix Greek debt relief gathers pace — 31 January 2012, 23:00 CET

Officials took the first steps Tuesday in a high-pressure bid to wrap up a massive debt relief deal for Greece within a week.

Europe races to secure Greek debt relief — 31 January 2012, 13:53 CET

Europe raced Tuesday to seal a massive debt relief programme for Greece after EU leaders set a weekend deadline for a last-chance bailout to save the country from financial collapse.

Banks set to double borrowing from ECB: report — 31 January 2012, 11:56 CET

European banks plan to borrow at least twice as much money from the European Central Bank next month as they did in December, the Financial Times reported Tuesday, which would bring the sum to around one trillion euros.

Oil prices lower over eurozone debt worries — 30 January 2012, 19:06 CET

Oil prices fell on Monday with the demand outlook uncertain as the market awaited the outcome of a European Union summit on containing the eurozone debt crisis, analysts said.

ECB bond purchases dry up — 30 January 2012, 18:16 CET

Data published by the European Central Bank on Monday revealed that the bank's purchases of the bonds of eurozone nations diminished sharply last week amid signs of stabilisation on sovereign bond markets.

Eurozone consumer confidence ends 10-month drop — 30 January 2012, 22:24 CET

Consumer and business confidence in the 17-nation eurozone improved slightly in January, halting a 10-month decline, official data shows.