Statistics of the EU

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

EU reforms urgent despite market calm: ECB board member — 19 December 2012, 17:28 CET

Reforms to restore economic stability in the European Union remain urgent despite a calming of the turmoil on financial markets, European Central Bank executive board member Joerg Asmussen said.

Cyprus living hand to mouth until EU bailout comes — 19 December 2012, 10:54 CET

Cyprus has taken the extraordinary step of dipping into public authority pension funds to pay salaries for December but it still teeters precariously on the brink while waiting for EU bailout money.

Bank supervisor will restore trust in eurozone: Draghi — 17 December 2012, 18:50 CET

European Central Bank President Mario Draghi said Monday that the creation of an EU-wide banking supervisory authority would help restore confidence in crisis-wracked eurozone.

Eurozone October trade surplus edges higher: Eurostat — 17 December 2012, 18:53 CET

The 17-nation eurozone posted an October trade surplus of 10.2 billion euros, up from 9.5 billion euros in September, official data showed on Monday.

Ireland to focus on growth as EU president — 20 December 2012, 14:04 CET

The way forward out of the crisis for Europe is to secure growth and jobs, Irish Deputy Prime Minister Eamon Gilmore said on Monday as his country prepares to take over the rotating EU presidency.

Europe must work hard to maintain welfare system: Merkel — 17 December 2012, 11:00 CET

Europe will have to work "very hard" to maintain its generous welfare system and remain competitive, German Chancellor Angela Merkel said in a newspaper interview Monday.

ECB takes credit for market calm, but says risks prevail — 14 December 2012, 13:11 CET

The European Central Bank said Friday its emergency measures have helped bring the debt crisis fires under control, but only governments can put out those fires completely.

Eurozone inflation confirmed at 2.2% for November — 14 December 2012, 12:28 CET

Inflation in the 17-country eurozone fell sharply to 2.2 per cent in November from 2.5 per cent in October, official data confirmed on Friday, as the slowing economy took pressure off prices.

Eurozone business activity improves again in Dec — 14 December 2012, 11:18 CET

Eurozone business activity hit a nine-month high in December, continuing to show improvement from recent lows but remaining in negative territory, the key Markit survey showed Friday.

ECB welcomes deal on EU banking supervisor — 13 December 2012, 16:39 CET

European Central Bank President Mario Draghi welcomed Thursday a European Union agreement to create a bank supervisor to oversee lenders across the eurozone.

Greece 'back on its feet', sacrifices 'not in vain': Samaras — 13 December 2012, 16:39 CET

Prime Minister Antonis Samaras warmly welcomed the EU's release Thursday of long-awaited rescue funds for Athens, saying "Greece is back on its feet. The sacrifices of the Greek people have not been in vain."

IMF head Lagarde says Fund to mull Greek aid in 2013 — 13 December 2012, 16:39 CET

IMF head Christine Lagarde welcomed on Thursday the eurozone's approval of support for a Greek debt buy-back programme, and said that the IMF should now complete a review of its own aid for Greece early next year.

Hollande hails EU banking deal as 'major' and 'global' — 13 December 2012, 16:39 CET

French President Francois Hollande hailed on Thursday a EU banking agreement reached overnight that European Union officials hope will ring-fence banks in trouble to prevent future crises, terming it a "global" and "major agreement."

Eurozone finally releases rescue funds for Greece — 13 December 2012, 12:38 CET

Much-needed rescue funds for Athens "will be flowing to Greece as early as next week," the head of the Eurogroup Jean-Claude Juncker said on Thursday.

Merkel praises EU bank deal, urges payment to Athens — 13 December 2012, 12:02 CET

German Chancellor Angela Merkel on Thursday praised a new EU accord to create a supervisor to oversee banks across the eurozone and urged the release of urgently needed funds for Greece.

Merkel praises EU bank deal, urges payment to Athens — 13 December 2012, 10:47 CET

German Chancellor Angela Merkel Thursday praised a new EU accord to create a supervisor to oversee banks across the eurozone and urged the release of urgently needed funds for Greece.

Germany, France praise Greek buy-back despite cost — 12 December 2012, 16:33 CET

Germany and France signalled on Wednesday that a Greek debt buy-back passed a critical bailout test, saying it was "satisfactory" even though it will cost more than expected.

Germany wants to cast EU bank supervisor in its own image — 11 December 2012, 21:16 CET

As talks drag on over a proposed EU-wide bank supervisor, Germany, Europe's effective paymaster, seems to be dragging its feet as it seeks to cast the new body in its own image.

Belgium revises 2013 growth forecast to zero — 10 December 2012, 17:48 CET

Belgium's central bank issued on Monday a flat 2013 growth forecast, in marked contrast to the most recent European Union and International Monetary Fund (IMF) projections.

Dutch economy to take longer to recover: Central Bank — 10 December 2012, 15:59 CET

The Dutch economy will take longer than expected to recover and will remain above the European Union's deficit target for at least the next two years, the Dutch Central Bank said Monday.

German trade surplus shrinks in October — 10 December 2012, 14:19 CET

Germany's trade surplus contracted in October as imports grew faster than exports, official data showed on Monday.

Latvia holds position as EU growth leader: data — 07 December 2012, 13:32 CET

Latvia remains top of the European Union growth table after rebounding from the world's deepest recession, data in the Baltic state showed on Friday.

Moscovici says not candidate to head Eurogroup — 07 December 2012, 11:29 CET

French Finance Minister Pierre Moscovici said on Friday that he was not in the running to head the Eurogroup of eurozone finance ministers.

Cyprus urges 2013 austerity as recession deepens — 06 December 2012, 18:49 CET

Cyprus must impose harsh austerity under the terms of an agreed EU bailout as it faces an unprecedented recession, Finance Minister Vassos Shiarly told parliament on Thursday.

Van Rompuy lays out euro future — 06 December 2012, 17:07 CET

The eurozone's future needs greater economic and policy centralisation to avoid any repeat of the early failings that nearly sank the whole project, European President Herman Van Rompuy said on Thursday.