Europe Xorte, European news

Home › News › Europe › All articles

Economic Survey of Iceland 2009

added: 04-09-2009

Against the backdrop of the global financial turmoil and recession, Iceland has been struck by a banking crisis of unprecedented proportions and the economy has plunged into a deep recession. The plight of the banking system was in part the consequence of the sudden shutdown of global capital markets. But Icelandic banks’ aggressive expansion strategies in an atmosphere of ineffective supervision rendered them highly vulnerable.

Industrial Producer Prices Down by 0.8% in Euro Area in July 2009

added: 03-09-2009

In July 2009 compared with June 2009, the industrial producer price index fell by 0.8% in the euro area (EA16) and by 1.0% in the EU27. In June, prices increased by 0.4% in both zones.

Euro Area GDP Down by 0.1% and EU27 GDP Down by 0.2% in the Second Quarter of 2009

added: 03-09-2009

GDP fell by 0.1% in the euro area (EA16) and by 0.2% in the EU27 during the second quarter of 2009, compared with the previous quarter, according to first estimates released by Eurostat, the Statistical Office of the European Communities. In the first quarter of 2009, growth rates were -2.5% in the euro area and -2.4% in the EU27.

Euro Area Unemployment up to 9.5% in July 2009

added: 02-09-2009

The euro area (EA16) seasonally-adjusted unemployment rate was 9.5% in July 2009, compared with 9.4% in June. It was 7.5% in July 2008. The EU27 unemployment rate was 9.0% in July 2009, compared with 8.9% in June. It was 7.0% in July 2008. For the euro area this is the highest rate since May 1999 and for the EU27 since May 2005.

National Customer Satisfaction Index Results: UK Declines

added: 02-09-2009

Consumers are slightly less satisfied in the second quarter of 2009, according to National Customer Satisfaction Index (NCSI-UK) results. Customer satisfaction dips by 0.1%, now 72.9 on a 100 point scale. The small drop is largely due to declining customer satisfaction in the automobile industry, which - despite economic conditions- still accounts for a considerable portion of overall consumer spending.

Monetary Developments in the Euro Area: July 2009

added: 31-08-2009

The annual rate of growth of M3 decreased to 3.0% in July 2009, from 3.6% in June 2009. The three-month average of the annual growth rates of M3 over the period May 2009 - July 2009 decreased to 3.4%, from 4.1% in the period April 2009 - June 2009.

The Conference Board Leading Economic Index™ for the Euro Area Increased 1.6 Percent in Jule 2009

added: 28-08-2009

The Conference Board Leading Economic IndexTM (LEI) for the Euro Area increased 1.6 percent and The Conference Board Coincident Economic IndexTM (CEI) decreased 0.1 percent in July.

Fitch: European Structured Finance Buybacks Optimise Funding Profiles

added: 27-08-2009

Fitch Ratings says the increased numbers of European banks and other originators making tender offers to buy back their structured finance issues primarily reflect originators taking advantage of opportunities to optimise their funding profiles and capital structure. Further evidence of this trend emerged this week with Banco Santander SA's (Santander) ('AA'/Stable Outlook) tender offer for 27 series of structured finance transactions, with a nominal value of EUR 16.5 billion.

UK Businesses Demonstrate Confidence in Current Economy

added: 26-08-2009

Nearly three quarters of UK businesses surveyed in a recent Barclays Commercial Bank poll now describe their attitude towards the economy as either 'hopeful' or 'excited', while a similar amount are either continuing to grow or predict they will return to growth within the next 12 months.

Europe is the Largest Waste to Energy Market in the World, but Delays and Recession Threaten Primacy

added: 25-08-2009

Europe is the largest waste to energy plants market in the world with a very well developed infrastructure and over 429 installed plants in 2008. New analysis from Frost & Sullivan, European Waste to Energy Plants Market, finds that the market earned revenues of euro 3.10 billion in 2008.

Sites : [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] [129] [130] [131] [132] [133] [134] [135] [136] [137] next »

Menu

Home › News › Europe › All articles