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Euro Area Securities Issues Statistics: December 2009

added: 13-02-2010

The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 9.7% in November 2009 to 8.1% in December. For the outstanding amount of quoted shares issued by euro area residents, the annual growth rate increased from 2.7% in November 2009 to 2.9% in December.

Economic Survey of Hungary 2010

added: 13-02-2010

Hungary is facing one of the most severe recessions among OECD countries. High foreign currency indebtedness gave rise to a loss in market confidence, and unsuccessful market financing of the government deficit coupled with limited foreign exchange reserves led the authorities to request financial assistance from international organisations.

Women Predominate in European Online Retailing

added: 12-02-2010

According to an analysis by Deutsche Card Services, women played a predominant role in European online retailing. The "E-Retail-Report 2009" of the Deutsche Bank subsidiary shows that women initiated 61.35% of all transactions in European online shops. In the 2007 Report, men had made 56% of all purchases, women 44%. The latest Report also shows: online shopping is most popular outside large agglomerations and less so in large cities.

Climate Change: Call for "New Climate Diplomacy"

added: 11-02-2010

The EU should create a "new climate diplomacy", and its future budget must provide enough funding to protect against, and adapt to, climate change, say MEPs in a resolution approved on Wednesday. The EU's commitment to combating climate change must not falter, and it must unilaterally set a CO2 reduction target greater than 20% for 2020, despite the Copenhagen summit's disappointing outcome, urge MEPs.

Online Recruitment Activity Slows at the Beginning of 2010, Reports Monster Employment Index Europe

added: 10-02-2010

Online recruitment activity in Europe slipped by a seasonally-mild seven percent between December 2009 and January 2010 compared to a twenty percent decline during the same period last year. More notably, the long-term trend continues to improve; the annual rate of contraction shrunk in each successive month since September 2009. Opportunities were down 12 percent compared to January 2009. Together, these signs point to subtly improving conditions in 2010.

UK Online Recruitment Receded in January 2010, According to Monster Employment Index

added: 10-02-2010

The nine point (eight percent) January decline in the Monster Employment Index is widely attributed to seasonal factors that inform hiring and related online recruitment activity at the start of each year. Comparatively, the overall EU Index fell by seven points (seven percent) in January.

The Euro Area Bank Lending Survey - January 2010

added: 08-02-2010

Overall, the January 2010 BLS points to a further decline in the net tightening of credit standards, although at a slower pace than in previous quarters. The decline in net tightening was stronger for mortgages than for consumer credit or for loans to non-financial corporations (NFCs). All in all, a turning-point in the tightening trend observed since the second half of 2007 is now closer, but has not yet
been reached.

Monetary Developments in the Euro Area: December 2009

added: 08-02-2010

The annual rate of change of M3 stood at -0.2% in December 2009, compared with -0.3% in November 2009. The three-month average of the annual rates of change of M3 over the period October 2009 - December 2009 decreased to -0.1%, from 0.6% in the period September 2009 - November 2009.

Euro Area MFI Interest Rate Statistics: December 2009

added: 08-02-2010

In December 2009 most of the average MFI interest rates on new loans further decreased. Almost all the average MFI interest rates on outstanding amounts of deposits and loans also further decreased to reach a minimum over life time of these series. The average MFI interest rates on new deposits remain broadly unchanged.

Volume of Retail Trade Remained Stable in Euro Area in December 2009

added: 04-02-2010

In December 2009, compared with November 2009, the volume of retail trade remained stable in the euro area (EA16) and fell by 0.1% in the EU27. In November retail trade decreased by 0.5% in both zones.

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