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Euro Area MFI Interest Rate Statistics in September 2007
added: 08-11-2007

In September 2007 the large majority of euro area average MFI interest rates on new deposits and new loans were higher than in the previous month or basically unchanged.
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World Textile and Apparel Trade Will Double in the Ten Years to 2015
added: 08-11-2007

According the Research and Markets, manufacturers and buyers of textiles and apparel have been forced to adapt to a plethora of changes in recent years. The global elimination of quotas at the end of 2004 has led to greater competition.
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Volume of Retail Trade up by 0.3% in Euro Area in September 2007
added: 07-11-2007

In September 2007, compared to August 2007, the volume of retail trade grew by 0.3% in the euro area (EA13) and by 0.4% in the EU27. In August retail trade remained stable in the euro area and increased by 0.3% in the EU27. In September 2007, compared with September 2006, the retail sales index gained 1.6% in the euro area and 3.5% in the EU27.

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EU: Implementing the Renewed Consensus on Enlargement
added: 07-11-2007

The Commission adopted its annual strategy paper for the EU’s enlargement policy. It shows how the renewed consensus, agreed by EU leaders at their December 2006 Summit, is implemented. A carefully managed enlargement process continued in 2007. The Commission also reviewed the progress achieved in each candidate and potential candidate country. It concludes that there has been steady though uneven progress in the Western Balkans and the region continues to face major challenges. Turkey's accession process is on track, while there is a need to revitalise the reforms.
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Industrial Producer Prices up by 0.4% in Both Euro Area and EU27 in September 2007
added: 07-11-2007

In September 2007 compared with August 2007, the industrial producer price index rose by 0.4% in both the euro area (EA13) and the EU27. In August, prices increased by 0.1% in both zones. In September 2007 compared with September 2006, industrial producer prices gained 2.7% in both the euro area and the EU27.
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Social Capital Creates Jobs in Rural Europe
added: 07-11-2007

Involvement in social networks in rural Europe enhances economic development, promotes entrepreneurialism, aids social inclusion and creates jobs. This is the key finding of a new report Social capital and job creation in rural Europe published by the European Foundation for the Improvement of Living and Working Conditions (Eurofound), the Dublin-based EU agency.
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Improving Competitiveness of the European Automotive Industry is First Priority
added: 06-11-2007

The European automotive industry has urged the EU to truly coordinate policies towards maintaining and improving the strength of the European automotive sector. “The automotive sector is a cornerstone of the EU economy. Twelve million families depend on it”, said Ivan Hodac, Secretary General of the European Automobile Manufactures Association (ACEA) at a press conference in Brussels.
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Fitch Revises Hungary's Outlook to Stable
added: 06-11-2007

Fitch Ratings has affirmed the Republic of Hungary's Long-term Foreign Currency Issuer Default Rating (IDR) of 'BBB+', its Short-term Foreign Currency IDR of 'F2', its Long-term local currency IDR of 'A-'(A minus) and its Country Ceiling of 'A+'. The Outlooks on Hungary's Long-term IDRs have been revised to Stable from Negative.
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EU Competitiveness on a Growth Path
added: 06-11-2007

In 2006 the overall competitiveness performance of the EU economy improved considerably. The European Competitiveness Report 2007 underlines the central role that productivity plays as a source for growth over the long term and examines the contribution of the various economic sectors in economic developments and the role of policies, especially those covered by the microeconomic pillar of the Lisbon strategy, in improving performance.
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EU Shows Strong Growth of Productivity in 2006
added: 05-11-2007

The European Union in 2006 had its best economic performance since 2000 with a growth of the Gross Domestic Product (GDP) of 3%. Productivity, measured by the increase of GDP per employee, grew strongly for the EU-27 with 1,5 %, compared to an annual growth rate between 2000 and 2005 of 1,2. Employment growth accelerated for the EU-27 by 1,6 %, whilst the average annual rise for the period 2000 until 2005 was 0,5 %.
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