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Air Passenger Transport Down by 6% in 2009

added: 01-02-2011

The total number of passengers transported by air fell by 6% in the EU27 in 2009 compared with 2008, to 751 million, showing the impact of the economic crisis. This is the first fall recorded in the EU since 2002, marked by the effect of 11 September 2001 on passenger numbers. The number of passengers decreased by 8% on intra-EU flights in 2009, to 318 million, by 4% on extra-EU flights to 271 million and by 5% on national flights to 162 million. Total freight and mail transported by air in the EU27 also fell in 2009 compared with 2008, by 12%.

Monetary Developments in the Euro Area: December 2010

added: 01-02-2011

The annual growth rate of M3 decreased to 1.7% in December 2010, from 2.1% in November 2010. The three-month average of the annual growth rates of M3 over the period October 2010 - December 2010 rose to 1.6%, from 1.4% in the period September 2010 - November 2010.

The Euro Area Bank Lending Survey: January 2011

added: 01-02-2011

The results reported in the January 2011 bank lending survey relate to changes during the last quarter of 2010 and to expectations of changes in the first quarter of 2011. The survey was conducted on a sample of 120 euro area banks between 6 December 2010 and 10 January 2011. The response rate was 100%. As in previous survey rounds, a set of ad hoc questions dealing specifically with the implications of the situation in financial markets were included.

Business Investment Rate Nearly Stable at 20.5% in the Euro Area and 20.0% in the EU27

added: 31-01-2011

In the third quarter of 2010, in both the euro area (EA16) and the EU27, the seasonally adjusted business investment rate remained stable at low levels, while the profit share grew.

Household Saving Rate Down to 13.8% in the Euro Area and 11.5% in the EU27

added: 29-01-2011

In the third quarter of 2010, in both the euro area (EA16) and the EU27, the seasonally adjusted household saving rate continued to decrease, while the household investment rate remained unchanged at a low level.

The Conference Board Leading Economic Index® (LEI) for the Euro Area in December 2010

added: 28-01-2011

The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.8 percent in December to 107.3 (2004 = 100), following a 0.6 percent increase in November and 0.2 percent increase in October.

UK Consumers Begin to Rely Less on Credit Cards

added: 28-01-2011

Consumers in the UK are consciously choosing to use debit cards (and other forms of payment) instead of credit cards for day-to-day purchases. This is being driven as a direct result of economic uncertainty, according to data recently published in Cardbeat®, a market research report published by Auriemma Consulting Group (ACG).

Public Sector Restructuring Initiatives on the Rise

added: 26-01-2011

While the EU technically emerged from the recession eighteen months ago, growth continues to be sluggish, hesitant and unequally spread, the latest edition of Eurofound’s European Restructuring Monitor (ERM) quarterly shows. Restructuring measures appear increasingly to be affecting public sector employment as a result of widespread public spending restrictions and cuts.

Q4 2010 European Private Equity Barometer from Candover

added: 26-01-2011

In the final quarter of 2010 there were 230 private equity-backed deals recorded with a value of €22bn, slightly down on the 235 recorded in the same quarter of 2009, but up 50% from €10.3bn in value terms.

Industrial New Orders up by 2.1% in Euro Area in November 2010

added: 25-01-2011

In November 2010 compared with October 2010, the euro area (EA16) industrial new orders index rose by 2.1%. In October the index grew by 1.4%. In the EU27, new orders increased by 1.6% in November 2010, after a rise of 0.4% in October. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders increased by 2.1% in the euro area and by 1.9% in the EU27.

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