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Euro Area Annual Inflation Down to 3.6% in September 2008

added: 15-10-2008

Euro area annual inflation was 3.6% in September 2008, down from 3.8% in August. A year earlier the rate was 2.1%. Monthly inflation was 0.2% in September 2008.

German Online Recruitment Sees Slight Gain in September Despite Slowing Economy

added: 15-10-2008

The Monster Employment Index Germany gained four points in September as online recruitment activity bounced back from August's loss.

Fitch: Oil Price Slide to Impact European Refining and Marketing

added: 15-10-2008

Fitch Ratings says the record fall in oil price of almost 50% since July 2008 will considerably impact the European refining and marketing (R&M) sector's profitability and working capital needs.

Monster Employment Index France Dips for Third Consecutive Month

added: 15-10-2008

The Monster Employment Index France dipped five points, settling at a level of 155 in September. However, year-on-year growth was largely unchanged at eight points, indicating continued resilience in underlying online job demand.

Global Financial Crisis Highlights Real Costs and Advantages of Outsourcing to Ukraine

added: 15-10-2008

IT outsourcing continues to grow as more businesses realize it is becoming the competitive profitability standard. Within the next 10 years, outsourcing will continue to cut at least 40 percent of costs even with the growing demand for IT specialists, which significantly increases costs for developers.

Europe Launches a 1 billion Euro Project To Get Into Pole Position For The Fuel Cells And Hydrogen Race

added: 15-10-2008

On 14th October, the European Union and European Industry announce plans to make fuel cells and hydrogen one of Europe's leading new strategic energy technologies of the future. Fuel cells, as an efficient conversion technology, and hydrogen, as a clean energy carrier, have a great potential to help address energy challenges facing Europe.

Monster Employment Index Europe Continues Six-month Downtrend, as Online Recruitment Activity Dips during September

added: 15-10-2008

Online recruitment activity dipped across Europe in September, with France, Italy and the UK reporting the steepest declines in job availability. In addition, the Index’s year-on-year growth rate fell to five percent from 11 percent in the previous month.

The Leading Index for Spain Increased 0.6 Percent in August 2008

added: 15-10-2008

The Conference Board announced that the leading index for Spain increased 0.6 percent and the coincident index decreased 0.1 percent in August.

Austria and Finland Among Top Three in Promoting Prosperity

added: 14-10-2008

European countries dominate the top ten in the 2008 Legatum Prosperity Index. The Index defines prosperity as a holistic combination of material wealth and life satisfaction, measuring how well nations are promoting both economic growth and quality of life. Australia holds the top spot, narrowly ahead of Austria and Finland. Germany ranks 4th, Switzerland 7th and Denmark is 9th in promoting overall prosperity. Yemen ranks last, following several African nations including Zambia and Zimbabwe.

EU 2008 Budget: Decision On €1 Billion Food Aid For Developing Countries Postponed

added: 14-10-2008

Members of the Budgets Committee decided on Monday to postpone their vote on the financing of €1 billion in food aid for the developing countries planned for 2008, a move that would have required an amendment to this year’s budget. They instead accepted a proposal by the Council presidency to "seek an overall solution", not restricted to 2008. This will be the subject of negotiations between the two arms of the budgetary authority on 21 November.

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