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Internet Phone Calls Getting Popular in European Homes
added: 30-06-2008

An EU-wide survey of 27,000 households has revealed the emergence of new consumption patterns in telecoms services in Europe. Technological progress and competition have brought more choice to European consumers; 24% of households have given up their fixed telephone in favour of mobile phones while 22% of them are using their computer from home to make phone calls over the Internet.
wiêcej

Bloomberg Retail PMI Signals Second-Sharpest Sales Decline Ever
added: 27-06-2008

The latest Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), based on a mid-month survey of economic conditions in the euro area retail sector, fell from 53.1 in May to 44.0 in June. The PMI provides data one month ahead of government issued figures and the steep drop to well below the 50.0 no-change level indicated that European retail sales fell sharply at the end of Q2, posting the second-fastest rate of decline in the survey's four-and-a-half year history and exceeded by April's record fall.
wiêcej

Hedge Funds and Private Equity Investors Should be Obliged to be More Open
added: 27-06-2008

The Legal Affairs Committee wants the Commission to propose new rules so that companies are not left in the dark on the investment policies of hedge funds or private equity investors who buy up their shares. They also want EU-wide measures to prevent asset stripping of companies targeted by private equity investors, and for much more light to be shed on pay and bonus packaged for fund managers.
wiêcej

MEPs and Council Presidency Reach Deal on Airline Emissions
added: 27-06-2008

Following a series of meetings between MEPs and the Slovenian Presidency of the Council, the two sides have agreed details of how to include aviation in the EU Emissions Trading System. The compromise agreement reached yesterday still needs to be formally endorsed by the full Council and put to a second reading vote at Parliament's July plenary session in Strasbourg.
wiêcej

Development Aid: Spending Better and Spending More
added: 27-06-2008

Improvements in the use of official development aid must not serve as an excuse for Member States to reduce the level of aid they give, argued MEPs and national MPs at a joint meeting on cooperation policy at the EP on Thursday. The food crisis and the impact of EU enlargement on its development policy were also discussed.
wiêcej

Immigration: the Blue Card, an EU Visa for Skilled Staff
added: 27-06-2008

The draft directive for a Blue Card, intended to overcome labour shortages in some sectors of the economy by attracting highly skilled staff from non-EU countries, was debated by MEPs and experts at a hearing of the EP Civil Liberties Committee. What impact will it have on EU and non-EU countries? The risks of discrimination and of a brain drain were among the issues discussed.

wiêcej

Euro Area Balance of Payments: April 2008
added: 27-06-2008

In April 2008 the working day and seasonally adjusted current account of the euro area was close to balance. In the financial account, combined direct and portfolio investment showed net outflows of EUR 24 billion.

wiêcej

Trichet: ECB in a State of “Heightened Alertness” on Inflation
added: 26-06-2008

Jean-Claude Trichet told MEPs on Wednesday that it was “possible” a small increase in interest rates would be made next week to ensure inflationary expectations remained anchored. The European Central Bank President also said speculation was not the “major culprit” behind rising oil and food prices.
wiêcej

EU27 Tax Ratio at 39.9% of GDP in 2006
added: 26-06-2008

The weighted tax-to-GDP ratio (i.e. the total amount of taxes and social security contributions) in the EU27 increased to 39.9% in 2006 from 39.3% in 2005. The EU27 tax ratio is nevertheless lower than in 1996 (40.3%) and the peak of 41.0% in 1999. The downtrend which had started in 1999 in most Member States stopped in 2005. In 2006, the overall tax ratio in the euro area (EA15) was 40.5%, up from 39.8% in 2005. Since 1996, taxes in the euro area have followed a similar trend to the EU27, although at a slightly higher level.
wiêcej

Lower Charges, Greater Consistency, More Competition: Commission Consults On Bringing Down Mobile Phone Tariffs In Europe
added: 26-06-2008

Aiming to spur competition among operators and lower phone charges for European consumers, the Commission today starts a public consultation on the future regulation of "voice call termination rates" in the EU based on a draft Commission Recommendation on termination rates.
wiêcej

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