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The Conference Board Leading Economic Index for Germany Declined 1.9 Percent in December 2008

added: 19-02-2009

The Conference Board Leading Economic Index for Germany declined 1.9 percent and The Conference Board Coincident Economic Index decreased 0.7 percent in December.

Construction Output Down by 2.2% in the Euro Area in December 2008

added: 18-02-2009

In the construction sector, seasonally adjusted production fell by 2.2% in the euro area (EA15) and by 1.7% in the EU27 in December 2008, compared with the previous month. In November, construction output decreased by 1.7% and 1.1% respectively.

EU Wood Production: Stricter Rules To Keep Illegal Timber Off The EU market

added: 18-02-2009

Stricter rules on timber sold in the EU are needed to combat illegal logging - the main cause of deforestation, said the Environment Committee. And illegal timber suppliers must pay penalties that reflect the degree of environmental and economic damage, it added.

Food Aid Programme for Europe's Poorest People Set to Expand

added: 18-02-2009

The EU food distribution programme for the most deprived people in Europe must continue within the framework of the CAP, be fully funded by the EU and consist purely of food products of Community origin, says the EP Agriculture Committee.

Savings Still Important, Despite Base Rate Cuts

added: 18-02-2009

Responding to new figures from the Bank of England showing that the most common types of savings accounts now offer the lowest rates on record, debt management company Gregory Pennington has advised consumers that savings should still be a very important aspect of most people's finances, and added that they should not be discouraged by low interest rates.

Europe Acting Together Can Face up to the Economic Crisis

added: 17-02-2009

Strong European leadership to tackle the current crisis of confidence and investing in environmental protection projects will help soften the effects of economic slowdown, according to MEPs and national MPs.

Monthly Monitoring Report on EU Employment and Social Situation

added: 17-02-2009

Today's report is the first in a new series of monthly analyses to monitor the EU employment situation. This month it provides a special focus on developments in the larger Member States as well as an in-depth analysis of the automotive industry, and an indication of the overall social implications of the economic crisis. Every three months, there will be an update on the social situation.

Euro Area External Trade Deficit 32.1 bn euro in December 2008

added: 17-02-2009

The first estimate for the euro area (EA15) trade balance with the rest of the world in December 2008 gave a 0.7 bn euro deficit, compared with -3.9 bn in December 2007. The November 2008 balance was -5.8 bn, compared with +2.3 bn in November 2007. In December 2008 compared with November 2008, seasonally adjusted exports fell by 0.9% and imports by 3.9%.

The Conference Board Leading Economic Index for France Declined 1.0 Percent in December 2008

added: 17-02-2009

The Conference Board Leading Economic Index for France declined 1.0 percent and The Conference Board Coincident Economic Index decreased 0.1 percent in December.

Focus on the Long Term While Tackling Immediate Economic Crisis

added: 17-02-2009

Stimulus measures to tackle the economic crisis should not be at the expense of long term sustainability for public finances, while spending should focus on areas that will enhance the long-run performance of the EU economy, MEPs and national MPs heard on Monday.

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