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In September 2009, most of the average MFI interest rates on new deposits and a large majority of the average MFI interest rates on new loans decreased further. A majority of the average MFI interest rates on outstanding amounts of deposits and loans decreased as well.
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The EU27 has a structural, but decreasing, surplus in trade in goods with the USA. This surplus rose steadily from 32 billion euro in 2000 to a peak of 94 bn in 2006, but has fallen for the last two years, to reach 63 bn in 2008. In the first half of 2009, the EU27 trade surplus with the USA continued to fall, reaching 16 bn, compared with 33 bn in the same period of 2008.


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The euro area (EA16) seasonally-adjusted unemployment rate was 9.7% in September 2009, compared with 9.6% in August. It was 7.7% in September 2008. The EU27 unemployment rate was 9.2% in September 2009, compared with 9.1% in August. It was 7.1% in September 2008. For the euro area this is the highest rate since January 1999 and for the EU27 since the start of the series in January 2000.
wiêcej

Fitch Ratings says in a new report that although external financing risks have eased somewhat for many countries in emerging Europe (EE) during recent months, rising government deficits and debt ratios mean that sovereign rating dynamics remain negative.
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In the second quarter of 2009, in both the euro area (EA16) and the EU27, the seasonally adjusted household saving rate continued to increase and the household investment rate to decrease. In both zones, the fall in business investment rates and profit shares continued, though at a lower rate.
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The Conference Board Leading Economic IndexTM (LEI) for the Euro Area increased 1.2 percent and The Conference Board Coincident Economic IndexTM (CEI) decreased 0.1 percent in September.
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The EU’s newest member states in Eastern and Central Europe have begun the recovery one year after the breakout of the global financial crisis as the credit crunch has eased, but most countries undergo large contractions this year, and the recovery is likely to be feeble and uncertain, the World Bank said as it launched its new EU10 Regular Economic Report.
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Less congested roads, better and more efficient energy delivery or state of the art medical treatment managed at home are typical examples made possible by the Internet of the Future. It will connect physical objects such as cars or mobile devices with infrastructures (for example traffic management systems), so that massive amounts of data can be used in real-time to improve their business process and efficiency. The European Commission unveiled a strategy to put Europe at the forefront when it comes to the development of smart internet-powered infrastructures.
wiêcej

The European Commission proposed legislation to reduce the average CO 2 emissions of light commercial vehicles (vans) to 175 grams per kilometre. The proposal will be phased in from 2014 to 2016, and contains a long term emission reduction target of 135 g/km by 2020. The format of the proposed legislation is similar to the proposals on passenger cars agreed at the end of 2008.
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Nowadays in the European Union, nearly 80 million citizens, or 16% of the population, live below the poverty line, and many, therefore, face serious obstacles in accessing employment, education, housing, social and financial services. According to the EU-agreed definition, people are considered at risk of poverty when they live on an income below 60% of the median household income of their own country.
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