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European Business Statistics 2005
added: 08-05-2008

In 2005, the total number of enterprises in the EU27 non-financial business economy was almost 20 million. In total, these enterprises generated 5 400 billion euro in value added and employed 127 million persons. Three sectors together accounted for more than half of the total number of enterprises: retail trade (3.8 million or 19%), other business activities (3.7 million or 19%) and construction (2.8 million or 14%).

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EU27 Spent 27.2% of GDP on Social Protection in 2005
added: 08-05-2008

In the EU27, social protection expenditure accounted for 27.2% of GDP in 2005. In the EU25 this ratio was 27.4% in 2005, compared with 27.3% in 2004 and 27.4% in 2003.
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Commission Assesses Readiness Of 10 EU Countries To Adopt The Euro
added: 08-05-2008

The European Commission concluded that Slovakia meets the criteria for adopting the euro and made a proposal to the Council to this effect. The regular Convergence Report on euro readiness, adopted by the Commission, shows that the other nine countries with a so-called 'derogation' have made progress on the road to the single currency, but do not yet meet all the conditions for euro adoption.
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Fitch: Slovakia Placed On Rating Watch Positive
added: 08-05-2008

Fitch Ratings has placed the Republic of Slovakia's Long-term foreign currency Issuer Default rating (IDR) of 'A' on Rating Watch Positive (RWP). This action follows the European Commission's (EC) decision to recommend Slovakia's membership of the euro area from January 2009.
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The Leading Index for the U.K Increased 0.1 Percent in March 2008
added: 08-05-2008

The Conference Board announced that the leading index for the U.K increased 0.1 percent, and the coincident index increased 0.1 percent in March.
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ECB Convergence Report 2008
added: 07-05-2008

The European Central Bank (ECB) publishes its Convergence Report 2008, an assessment of the economic and legal convergence of ten EU Member States: Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Sweden. Overall, the report concludes that in recent years some countries have made progress with economic convergence, but in many countries important challenges have come to the fore, particularly in the form of rising inflation.
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Telecom Package: Overhauling EU Rules
added: 07-05-2008

EU legislation needs to be updated to keep pace with the rapid progress in the market and technologies of the electronic communications industry internet, fixed line and mobile telephone. Two committees of the European Parliament are sharing this legislative workload: the Internal Market Committee focuses on universal service provision and consumer rights while the Industry Committee deals with other aspects of the telecoms package.
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Volume Of Retail Trade Down By 0.4% In Euro Area in March 2008
added: 07-05-2008

In March 2008, compared with February 2008, the volume of retail trade fell by 0.4% in the euro area (EA15) and by 0.7% in the EU27. In February retail trade fell by 0.2% and rose by 0.6% respectively.
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Single Market Problem-Solving Network Sees 75% Growth in Case Volume in 2007
added: 07-05-2008

A Spanish student wanted to start her university studies in Belgium, but was refused because the original certified diploma of her secondary education had not been issued yet by the Spanish authorities. SOLVIT persuaded the university to accept other evidence so that she would not miss an entire academic year.
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French Internet Up, Broadband Dips
added: 07-05-2008

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