Statistics of the EU

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

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.

Austerity-driven Prague to focus on growth — 24 April 2013, 21:12 CET

Czech Prime Minister Petr Necas said Wednesday his centre-right government would be steering away from austerity to focus on economic growth.

'Probable' Spain will cut budget further: PM — 23 April 2013, 18:47 CET

It is "probable" that Spain will have to cut its state budget further this year, Prime Minister Mariano Rajoy said Tuesday, as his government struggles to bring down its deficit.

Eurozone must 'stay the course' on reforms: Germany — 23 April 2013, 18:07 CET

Germany argued Tuesday that the eurozone must stay the course with "already successful" reforms and fiscal discipline, a day after European Commission chief Jose Manuel Barroso suggested the tide may be turning against tough austerity.

Barroso says tide turning against austerity — 23 April 2013, 18:47 CET

The head of the European Commission has suggested that the political and social tide may have turned against austerity, just as major eurozone economies France and Spain seek more time to bring down their deficits.

Eurozone business activity still slumping — 23 April 2013, 11:02 CET

Private sector business activity remained weak across the eurozone in April, underscoring a gloomy medium-term outlook for the 17-state economy, the widely-watched Markit survey shows.

Higher German wages would harm eurozone: Bundesbank — 22 April 2013, 10:48 CET

A wide-scale rise in wages in Germany would not benefit other eurozone members, but would actually harm the single currency area as a whole, Bundesbank president Jens Weidmann said on Monday.

Poland may not be ready for euro for dozen years: minister — 19 April 2013, 21:11 CET

Poland's finance minister said Friday it may take a dozen years for the EU member to be ready to adopt the euro, adding there was no big need to rush to join.

Romania drops target date for euro adoption: report — 17 April 2013, 21:21 CET

Romania has dropped setting a target date for adopting the euro, a report said, although officials insisted Wednesday that joining the single currency remains a fundamental objective for the country.

Bundesbank chief says debt crisis could last a decade — 17 April 2013, 18:57 CET

The European debt crisis could take a decade to overcome, ECB council member Jens Weidmann said in an interview Wednesday, adding that the central bank could cut interest rates if new information warranted such a move.

ECB could cut rates further: German central bank chief — 17 April 2013, 18:57 CET

The European Central Bank could cut interest rates if new information warranted such a move, but may not actually prove very effective, ECB council member Jens Weidmann said in an interview Wednesday.