Statistics of the EU

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

Italy's VAT to rise, tax on low incomes down — 10 October 2012, 16:41 CET

Sales tax in Italy is set to rise by one point but tax on low incomes will drop, under a draft bill to reduce debt and protect the poor in the recession-hit country.

Geithner says could take 'years' for Europe recovery — 09 October 2012, 17:58 CET

US Treasury Secretary Timothy Geithner said on Tuesday eurozone countries have a tough road ahead of them and added it could take years for reform measures to "bear fruit."

ECB won't print money to solve debt crisis: Draghi — 09 October 2012, 14:37 CET

The European Central Bank said Tuesday it will not simply print money to solve the eurozone debt crisis, but noted that Greece has made "significant" progress in tackling its deep financial problems.

11 eurozone states ready to launch FTT: Tax Commissioner — 09 October 2012, 13:39 CET

The EU's tax commissioner Algirdas Semeta said Tuesday that 11 eurozone states have said they support launching a financial transactions tax, indicating the controversial project can move forward.

Geithner says eurozone on 'more promising path' — 09 October 2012, 12:43 CET

US Treasury Secretary Timothy Geithner praised recent measures to combat the eurozone's debt problems on Tuesday, saying the bloc was on "a more promising path" to resolving the crisis.

ECB won't print money to make up for lack of action: Draghi — 09 October 2012, 11:55 CET

The European Central Bank said Tuesday it will not simply print money to solve the eurozone debt crisis, but noted that Greece has made "significant" progress in tackling its deep financial problems.

Paris, Berlin press ahead on EU financial transaction tax — 09 October 2012, 11:54 CET

France and Germany hope Tuesday to round up the magic number of nine European Union states willing to take the lead and launch a hotly-contested cross-border financial transactions tax.

Eurogroup approves EUR 4.3bn Portugal bailout tranche — 09 October 2012, 00:02 CET

The Eurogroup of finance ministers on Monday approved the latest 4.3-billion-euro tranche of EU-IMF bailout loans to Portugal which has agreed fresh austerity measures.

German trade surplus grows in August — 08 October 2012, 15:29 CET

The German trade surplus grew in August, as exports grew faster than imports, official data showed on Monday.

ECB's Draghi hails 'remarkable' progress in Spain — 04 October 2012, 15:27 CET

European Central Bank chief Mario Draghi on Thursday lauded what he called "remarkable" progress made by Spain as the debt-wracked country reforms its labour market and banking sector.

ECB says anti-crisis measures easing euro break-up fears — 04 October 2012, 16:04 CET

European Central Bank president Mario Draghi says the bank's revamped bond-purchase programme, revealed last month, is helping to ease fears of a possible break-up of the euro.

Eurozone slumps as France offsets German improvement — 03 October 2012, 11:18 CET

Eurozone private sector business activity remained firmly stuck in the doldrums in September, with the key services sector suffering a very sharp fall, a survey showed on Wednesday.

Finnish PM says unlikely Spain to request full bailout — 03 October 2012, 09:22 CET

Prime Minister Jyrki Katainen of Finland, whose country is among the eurozone fiscal hardliners, said in a Wednesday newspaper interview that he felt it unlikely Spain would request a full sovereign bailout.

Investors pay to lend to EU bailout fund — 02 October 2012, 13:49 CET

Investors accepted negative returns to lend to the EU's bailout fund on Tuesday, according to the German central bank, which organised the auction of three-month debt.

Eurozone manufacturing steadies at lows — 01 October 2012, 12:02 CET

Eurozone manufacturing activity was in the doldrums again in September but showed signs of bottoming out with a slight increase overall from August, data showed on Monday.

Grim record as eurozone jobless soars to 18.2m — 01 October 2012, 13:39 CET

Jobless numbers hit a grim record of 18.2 million across the eurozone in August, showing an annual rise of well over two million for the recession-stricken single currency area.

Key dates in Spain's financial crisis — 28 September 2012, 23:18 CET

Below are key dates in the financial crisis in Spain, the eurozone's fourth biggest economy, which entered into recession in the second half of 2008, hit by the international financial crisis and the bursting of a property bubble:

Germany tells world Europe will remain a force despite debt — 28 September 2012, 23:19 CET

Germany's foreign minister told the United Nations on Friday that Europe will remain a world "force to be reckoned with" despite its crippling debt crisis.

Germany hits back at 'absurd' Berlusconi euro broadside — 28 September 2012, 13:34 CET

Germany dismissed as "absurd" Friday comments by former Italian leader Silvio Berlusconi that a German exit from the eurozone would not pose problems for the embattled currency zone.

Eurozone inflation rises to 2.7% in September — 28 September 2012, 13:21 CET

Eurozone inflation edged higher again in September, rising to 2.7 per cent from 2.6 per cent in August to put it further above from the European Central Bank's target.

Italy's Berlusconi launches anti-euro broadsides — 27 September 2012, 21:32 CET

Former Italian prime minister Silvio Berlusconi launched a series of broadsides on Thursday against Germany, the euro and the new single currency bailout fund as Italy's election season heats up.

Monti says he would 'consider' second term as Italian PM — 27 September 2012, 19:09 CET

Italian Prime Minister Mario Monti said Thursday that he would "consider" a second term as premier if asked, as a general election looms in the recession-hit country in spring next year.

Italy's rates down at 5- and 10-year bond auction — 27 September 2012, 13:50 CET

Italy raised 5.645 billion euros in a five- and ten-year bond auction on Thursday, slightly less than targeted but at lower rates, despite fresh debt-crisis nervousness.

Eurozone approves German Court conditions on ESM treaty — 27 September 2012, 12:40 CET

Eurozone governments approved on Thursday a tweak to the treaty setting up the European Stability Mechanism, to take account of extra democratic controls sought by the German Constitutional Court.

Business, consumers gloomier about eurozone economy — 27 September 2012, 13:55 CET

European business and consumer confidence fell further in September, although Spain posted an improvement, the European Union said on Thursday.