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In November 2008 compared with October 2008, the euro area (EA15) industrial new orders index fell by 4.5%. In October the index decreased by 5.7%. In the EU27 new orders declined by 3.9% in November 2008, after dropping by 6.6% in October. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders dropped by 3.4% in the euro area and by 4.5% in the EU27.
wiêcej

Between 4.5 and 8 million illegal immigrants work in the construction, farming, hotel and other sectors in the EU. Under a new draft directive, their employers would be penalised while the illegal immigrants would be granted legal conditions of employment. MEPs are calling for criminal law sanctions in the most serious cases and want to make companies responsible for the actions of their subcontractors.
wiêcej

Drawing on lessons from the recent gas supply crisis, the Industry Committee set out wide-ranging recommendations for the EU's future energy policy in an own-initiative report on Wednesday. It advocated emergency action plans, more grid interconnections among Member States and new climate targets to be achieved by 2050, including raising the share of renewables to 60% of total consumption.
wiêcej

The Economics Committee is calling for the Commission to propose legislation on microcredit schemes in Europe, aiming to remove problems caused by competition and money-laundering rules, to allow for more EU co-funding, to introduce a harmonised regulatory framework for microcredit providers and to raise their profile.
wiêcej

The Conference Board Leading Economic Index for Germany declined 2.2 percent and The Conference Board Coincident Economic Index decreased 0.5 percent in November.
wiêcej

Speaking to MEPs in the Economics Committee, European Central Bank President Jean-Claude Trichet said "the economic pick up should take place in 2010". MEPs questioned him on the current crisis, including the effects of the recovery measures on real economy and the need for better supervision of financial markets.
wiêcej

First generation biofuels are outdated and second generation biofuels are not yet commercially feasible. Improvements in conversion processes of second generation biofuels will be an important factor in regions such as Europe complying with the 10 per cent biofuels mandate by 2020. Third and fourth generation biofuels are still in their infancy. Consequently, Europe is expected to achieve only 5 per cent against a biofuels target of 5.75 per cent by 2010.
wiêcej

The Conference Board Leading Economic Index for France declined 1.4 percent and The Conference Board Coincident Economic Index decreased 0.2 percent in November.
wiêcej

House prices in prime London areas rose by 0.55% (GBP7,001) in December 2009, the second successive month of rising values, and are now 3.8% higher than in December 2007, according to Primelocation.com's latest House Price Index.
wiêcej

A proposed European Private Company Statute - an easier and less costly way to start up a business in the EU and take advantage of its single market - was backed by the Legal Affairs Committee on Tuesday. Members amended the text to prevent misuse and ensure respect for workers' rights. A legislative initiative to facilitate the transfer of companies within the EU was also approved by the committee.
wiêcej

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