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The Conference Board Leading Economic Index™ (LEI) for Germany Increased 0.9 Percent

added: 22-07-2009

The Conference Board Leading Economic Index™ (LEI) for Germany increased 0.9 percent and The Conference Board Coincident Economic Index™ (CEI) increased 0.2 percent in May.

Almost Two Thirds of Companies Have Off-Shored Their IT Function in the Last Six Months

added: 21-07-2009

Almost two thirds (64 percent) of companies have off-shored a portion of their IT function in the last six months, according to the latest piece of research from The IT Job Board.

Key Data on Education 2009: a View on Europe's Educational Systems

added: 19-07-2009

There is a wide range of facilities that the youngest children in Europe may attend before entering in primary school and most are fee-paying. The great majority of pupils across Europe attend public institutions except in Belgium and the Netherlands where more pupils attend the government-funded private sector.

Economic Survey of Russia 2009

added: 18-07-2009

The global crisis has put a sudden end to the strong recovery of the Russian economy since the financial crisis of 1998. A slowdown was becoming increasingly likely, given the erosion of favourable factors such as undervaluation of the rouble and spare production capacity and labour resources.

Visitation to French Online Careers Sites Soars in Wake of Global Recession

added: 18-07-2009

comScore, Inc. released a study of trends in usage of French online career services sites, based on data from the comScore World Metrix audience measurement service. A total of 11.5 million French Internet users accessed a careers services and development site in May 2009, up 45 percent versus year ago, presumably driven in large part by the effects of the global financial crisis.

Euro Area External Trade Surplus 1.9 bn Euro in May 2009

added: 17-07-2009

The first estimate for the euro area (EA16) trade balance with the rest of the world in May 2009 gave a 1.9 bn euro surplus, compared with -3.8 bn in May 2008. The April 2009 balance was +2.7 bn, compared with +2.2 bn in April 2008. In May 2009 compared with April 2009, seasonally adjusted exports fell by 2.7% and imports by 2.8%.

Construction Output Down by 2.0% in the Euro Area in May 2009

added: 17-07-2009

In the construction sector, seasonally adjusted production fell by 2.0% in the euro area (EA16) and by 2.7% in the EU27 in May 2009, compared with the previous month. In April, production rose by 0.4% and 0.6% respectively. Compared with May 2008, output in May 2009 dropped by 8.0% in the euro area and by 9.6% in the EU27.

SEPA Risks Failure Unless Corrections are Made, say End Users

added: 17-07-2009

The Single Euro Payments Area (SEPA) that aims to establish one set of Europe-wide rules for credit transfers, debt transfers and payment card services risks not being sufficiently taken up by the market and failing to meet its objective to improve the efficiency of cross border euro payments, according to 8 leading European business and consumer organisations.

EC Adopts New Rules to Prevent and Deal with Gas Supply Crisis

added: 17-07-2009

The European Commission has adopted a new regulation to improve security of gas supplies in the framework of the internal gas market. The proposed Regulation would strengthen the existing EU system for gas supply security by ensuring that all Member States and their gas market players take effective action well in advance to prevent and mitigate the consequences of potential disruptions to gas supplies. It also would create mechanisms for Member States to work together to deal effectively with any major gas disruptions which might arise.

Euro Area Balance of Payments and International Investment Position for the First Quarter of 2009

added: 17-07-2009

The current account of the euro area balance of payments recorded a deficit of EUR 42.4 billion in the first quarter of 2009. The largest bilateral deficits were with the group of “other countries” ( i.e. countries outside the European Union other than Canada, Japan, Switzerland and the United States), the European Union institutions, Japan and the United States. By contrast, the largest surpluses were with the United Kingdom and the countries that joined the European Union (EU) in 2004 and 2007.

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