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EU27 Current Account Deficit 23.4 bn Euro in the First Quarter of 2010

added: 14-06-2010

The EU27 external current account recorded a deficit of 23.4 billion euro in the first quarter of 2010, compared with a deficit of 50.6 bn in the first quarter of 2009 and a deficit of 9.2 bn in the fourth quarter of 2009.

European Online Recruitment Activity Climbs Above Year-earlier Levels

added: 09-06-2010

Online recruitment activity continued to increase for a fourth consecutive month in May, as employers escalated their hiring activity in advance of the summer period.

Euro Area MFI Interest Rate Statistics: April 2010

added: 08-06-2010

In April 2010 the average MFI interest rates on new deposits showed mixed developments. Most of the average MFI interest rates on new loans either further declined or remained basically unchanged. Average MFI interest rates on outstanding amounts of deposits and loans either remained basically unchanged or declined.

Euro Area and EU27 GDP up by 0.2% in the First Quarter 2010

added: 07-06-2010

GDP increased by 0.2% in both the euro area1 (EA16) and the EU27 during the first quarter of 2010, compared with the previous quarter, according to first estimates released by Eurostat, the statistical office of the European Union. In the fourth quarter of 2009, growth rates were +0.1% in the euro area and +0.2% in the EU27.

Volume of Retail Trade Down by 1.2% in Both Euro Area and EU27

added: 07-06-2010

In April 2010, compared with March 2010, the volume of retail trade decreased by 1.2% in both the euro area (EA16) and the EU27. In March retail trade rose by 0.5% in both zones.

EU Cohesion Policy Crucial to Help Regions Overcome Crisis

added: 07-06-2010

More flexible access to the EU regional funds - such as the European Social Fund and the European Regional Development Fund - would help regions worst hit by the economic crisis to recover faster, said the Regional Development Committee. Flexible funding for investment in infrastructure, support for small firms, professional training, R&D and industrial and rural modernisation, would also make a decisive contribution to sustainable growth and jobs, it adds.

Industrial Producer Prices up by 0.9% in Euro Area in April 2010

added: 04-06-2010

In April 2010 compared with March 2010, the industrial producer price index rose by 0.9% in the euro area (EA16) and by 1.0% in the EU27. In March, prices increased by 0.6% and 0.8% respectively.

Better Access to Jobs Market for Young People

added: 04-06-2010

A "European Youth Guarantee" enabling young people not to be unemployed for over six months, a decent income and good quality traineeships: these were the proposals made by Parliament's Employment and Social Affairs Committee as part of efforts to improve access to the labour market for young people.

Euro Area Unemployment Rate at 10.1% in April 2010

added: 02-06-2010

The euro area (EA16) seasonally-adjusted2 unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU27 unemployment rate was 9.7% in April 2010, unchanged compared with March. It was 8.7% in April 2009.

Commission Report on National Telecoms Regulation Shows more Competition but no Single Market

added: 02-06-2010

A European Commission report shows that EU telecoms markets have become more competitive thanks to the Commission's guidance in the consultation and review process known as the 'Article 7 procedure', whereby national telecoms regulators inform the Commission in advance of their plans to regulate parts of their national telecoms markets. As a result, citizens and businesses enjoy greater choice of services and cheaper prices.

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