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Euro Area Annual Inflation Down to 0.6% in March 2009

added: 16-04-2009

Euro area annual inflation was 0.6% in March 2009, down from 1.2% in February. A year earlier the rate was 3.6%. Monthly inflation was 0.4% in March 2009.

Industrial Production Down by 2.3% in Euro Area in February 2009

added: 16-04-2009

In February 2009 compared with January 2009, seasonally adjusted industrial production fell by 2.3% in the euro area (EA16) and by 1.9% in the EU27. In January production decreased by 2.4% and 2.3% respectively.

Euro Area Investment Fund Statistics in the 4th Quarter 2008

added: 15-04-2009

The total assets of euro area investment funds decreased to EUR 4,243 billion at end-December 2008, from EUR 4,713 billion in September 2008. This development was mainly due to a fall in the amount outstanding of shares and other equity, from EUR 1,411 billion to EUR 1,134 billion.

Further Dip in Online Recruitment in March 2009, According to Monster Employment Index UK

added: 15-04-2009

High Polluting Industries Encouraged to Invest in Carbon Reduction Technologies

added: 15-04-2009

Despite a short-term reduction, electricity prices are estimated to rise by 10 - 15% in 2013, following the tightening of restrictions on emissions levels. This has caused concern amongst intensive energy users such as the steel, aluminium, cement and paper industries. They fear that the price increase, along with other related factors, will significantly increase their costs at the time when they will still be recovering from the current economic slowdown. In order to remain successful in the future, they will need to hedge looming high costs by investing in emissions-reducing technologies.

Monster Employment Index Europe Reports Dip in March 2009

added: 14-04-2009

The three-point fall across the EU came as a result of fluctuations across the major European markets. Italy reported the largest increase in online recruitment activity among the major markets, while Belgium and France also saw growth. These rises were outweighed by contractions in the Netherlands, UK, Germany and Sweden. On an annual basis, online recruitment activity fell most in the Netherlands, UK and Sweden. The fall in March reflected continuing harsh economic conditions in the EU, as numerous large companies reorganised to lessen their exposure.

The Conference Board Leading Economic Index for Spain Declined 0.7 Percent in February 2009

added: 14-04-2009

The Conference Board Leading Economic Index™ (LEI) for Spain declined 0.7 percent. The Conference Board Coincident Economic Index™ (CEI) for Spain decreased 0.9 percent in February.

German Online Sales Rose Last Year

added: 12-04-2009

Despite the general gloom brought on by the economic crisis, German online sales saw a healthy rise last year. According to the GfK Group "WebScope Survey", people in Germany spent €13.6 billion ($20 billion) on the Internet in 2008, 19% more than in 2007.

The Conference Board Leading Economic Index for the U.K. Continues to Decline in February 2009

added: 10-04-2009

The Conference Board Leading Economic Index™ (LEI) for the U.K. declined 0.6 percent in February to 92.1 (2004 = 100), following a 0.5 percent fall in January and a 0.7 percent drop in December. Order book volume, stock prices and consumer confidence made the largest negative contributions to the index, more than offsetting a positive contribution from the yield spread.

EC Fights Late Payments

added: 09-04-2009

Despite some improvements during the past years, late payments in commercial transactions between companies or between businesses and public authorities still happen in the EU. This hampers the development of business and is even responsible for bankruptcies of otherwise viable companies, notably if they are Small- or Medium-Sized Enterprises (SMEs). Unfortunately up to now the payment culture of public authorities is not always applaudable. Given the current crisis, several Member States have therefore started to address this issue at national level.

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