Statistics of the EU

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

'Good progress' made toward Cyprus bailout: lenders — 23 November 2012, 16:07 CET

International lenders said on Thursday that good progress has been made on reaching a bailout deal for struggling eurozone member Cyprus and that discussions are continuing.

German business rebound breaches gloom, lifts euro — 23 November 2012, 18:13 CET

German business confidence halted a six-month slide to stage an unexpected rally in November, data suggests, despite a sombre overall economic climate due to the eurozone crisis.

Cyprus awaits EU announcement on bailout deal — 23 November 2012, 13:27 CET

Trade union leaders were briefed on Friday on terms the Cyprus government has agreed for a bailout by international lenders, as Nicosia awaits final confirmation from Brussels, officials said.

German growth slows in euro crisis: official data — 23 November 2012, 10:50 CET

Germany's economy slowed to 0.2 per cent growth in the third quarter of 2012 as the eurozone crisis took its toll, final official data showed on Friday.

Eurozone, IMF far from Greek deal: source on talks — 21 November 2012, 16:03 CET

Eurozone finance ministers and the IMF are still far from a deal on releasing rescue funds to Greece because of disagreement over Greece's debt pile, a source close to failed overnight talks told AFP on Wednesday, contradicting France.

Eurogroup ministers fail to get Greek bail-out deal — 21 November 2012, 10:46 CET

Eurozone finance ministers failed at an emergency meeting Wednesday to strike a deal to unblock bailout funds needed to keep Greece from bankruptcy and said they would try again next week.

Eurozone is overcoming crisis: Monti — 20 November 2012, 12:56 CET

Italy's Prime Minister Mario Monti insisted Tuesday that the eurozone was overcoming its debt crisis and that member states were determined to preserve the common currency.

Eurozone tips into recession — 15 November 2012, 13:13 CET

The 17-nation eurozone tipped into recession in the third quarter, with the economy shrinking 0.1 per cent compared with the three months to June when it contracted 0.2 per cent, official data showed Thursday.

German economy slows as euro crisis bites — 15 November 2012, 12:47 CET

The eurozone debt crisis is taking its toll on Germany, Europe's biggest economy, which slowed as expected in the third quarter of the year, official figures showed on Thursday.

Bank of England cuts 2013 growth forecast amid euro crisis — 14 November 2012, 17:59 CET

The Bank of England cut its forecast for British economic expansion on Wednesday and predicted low growth for the next three years due to the eurozone crisis, tight credit conditions and inflationary pressures.

Cyprus says troika bailout terms difficult to accept — 14 November 2012, 18:03 CET

Cypriot President Demetris Christofias said on Wednesday the bailout terms put forward by the troika of international lenders were difficult to accept.

EU finance ministers tackle reforms as economy slumps — 13 November 2012, 17:57 CET

EU finance ministers discussed Tuesday how to get the economy back on track, tackling difficult reforms after their eurozone peers reported progress on solving Greece's bailout problems overnight.

Italy's interest rate falls in EUR 6.5 bn bond sale — 13 November 2012, 14:45 CET

Italy raised 6.5 billion euros in an auction of 12-month bonds on Tuesday at a lower rate than in a similar auction last month, indicating improved confidence among investors on the debt market.

EU finance ministers tackle growth as economy slumps — 13 November 2012, 14:05 CET

EU finance ministers tackled ways of boosting the slumping economy on Tuesday as the debt crisis bites deeper, after eurozone ministers reported progress overnight on the Greek bailout.

Eurozone to meet again on Greek aid, clashes with IMF — 13 November 2012, 10:51 CET

Eurozone finance ministers agreed Monday to meet again November 20 to clear the way for a long-delayed Greek aid payment, but a proposal to change its debt reduction deadline sparked the ire of the International Monetary Fund.

Bill mounts for Greek bailout as ministers meet — 12 November 2012, 21:37 CET

Eurozone finance ministers discussed Monday how to bring Greece back from the brink after a report obtained by AFP showed that easing the terms of its debt bailout could cost nearly EUR 33 bn more.

Greece wins creditors' plaudits for sticking to austerity — 12 November 2012, 17:25 CET

Eurozone finance ministers went into talks on Monday to discuss next steps to bring Greece back from the brink after Athens received a "positive" report card from its international creditors for sticking to austerity.

Juncker says troika report on Greece 'positive' — 12 November 2012, 12:57 CET

Greece has "delivered" on its economic reform pledges and a long-awaited report from its international creditors is "positive", Jean-Claude Juncker, who heads the Eurogroup of finance ministers, said Monday.

Troika report on Greece is 'positive': Juncker — 12 November 2012, 12:27 CET

A long-awaited report on Greece's economic reform programme by its three international creditors, the EU, ECB and IMF "troika", is "positive", Eurogroup chief Jean-Claude Juncker said on Monday.

Troika launch Cyprus bailout talks — 10 November 2012, 01:30 CET

The troika of international lenders began talks with Cyprus on Friday to seek a draft agreement on a bailout deal for the financially beleaguered Mediterranean island.

ECB unveils launch of new euro banknotes in May — 08 November 2012, 16:47 CET

The European Central Bank announced Thursday that it will launch a new series of euro banknotes gradually over the coming years, starting with a new five-euro note in May 2013.

Cyprus talks with troika lenders set for Friday — 08 November 2012, 16:45 CET

The troika of international lenders will begin talks with the Cyprus on Friday to seek a draft agreement on a bailout deal for the financially beleaguered Mediterranean island, the finance ministry said.

Development banks launch EUR 30 bn plan for E.Europe — 08 November 2012, 17:15 CET

Three major international development banks have announced investment plans of more than EUR 30 bn to boost economic growth in central and south-eastern Europe over 2013-14.

More gloom for Germany as trade surplus shrinks — 08 November 2012, 14:47 CET

Economic gloom over Germany deepened on Thursday as the eurozone crisis caused its trade surplus to contract in September, official data showed.

IMF confirms talks on possible loan to Cyprus — 07 November 2012, 18:52 CET

The International Monetary Fund confirmed Wednesday that a team is headed to Cyprus this week for talks on a possible bailout deal for the island's recession-hit economy.