This article is brought to you in association with the European Commission. Eurostat, the statistical office of the European Union, published today the ‘Sustainable development in the European Union — monitoring report on progress towards the SDGs in an EU context, 2023 edition‘, which provides a statistical overview of progress towards the Sustainable Development Goals (SDGs) […]Eurostat report shows EU’s progress on Sustainable Development Goals
May 25, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. Eurostat, the statistical office of the European Union, published today the ‘Sustainable development in the European Union — monitoring report on progress towards the SDGs in an EU context, 2023 edition‘, which provides a statistical overview of progress towards the Sustainable Development Goals (SDGs) […]SAE Media Group 20th Annual Benelux Infrastructure Forum 16 – 17 November 2022
November 13, 2022 by 1 Comment
This article was published in association with SMI. Website: http://www.beneluxconf.com/EuropeanStingWL SAE Media Group proudly present the 20th Annual Benelux Infrastructure Forum, once again taking place in-person and in Amsterdam. The 2022 iteration will bring together key professionals in the infrastructure, financing, and innovation sectors to discuss the latest issues and trends within the Benelux market. […]Commission (Eurostat) publishes first statistics on short-stay accommodation booked via collaborative economy platforms
June 29, 2021 by Leave a Comment
This article is brought to you in association with the European Commission. Eurostat, the statistical office of the European Union, published today first key data on short-stay accommodation booked via four private platforms active in the tourism sector. This is a result of the March 2020 landmark agreement between the Commission and Airbnb, Booking, Expedia Group […]Greece leaves EU aid program, gets last 15 billion euro
June 22, 2018 by Leave a Comment
This story is brought to you in association with the European Council – Eurogroup Completion of the fourth and final review and growth strategy The Eurogroup commends the Greek authorities for the completion of all the agreed prior actions of the final review of the ESM programme. We congratulate the Greek authorities and Greek people […]Germany resists Macron’s plan for closer and more cohesive Eurozone; Paris and Berlin at odds
April 23, 2018 by Leave a Comment
Last week, surprising everybody, Francois Villeroy de Galhau, Governor of the Bank of France and member of European Central Bank’s Governing Council said that the decision to stop ECB’s extraordinarily accommodating monetary measures this year, is premature. So, according to him, the central bank must continue applying its extra relaxed measures well beyond this year. […]Brexit: UK business fear of a no-deal scenario preparing for the worst
November 8, 2017 by Leave a Comment
The Confederation of British Industry annual conference which took place last Monday in London was a chance for Prime Minister Theresa May to ask for more patience from the business world. Something though that seems to have been lost as negotiations show no significant progress and time presses both sides. A survey by the Chartered […]The silent euro-dollar parity war rages but realities at home prevail
September 18, 2017 by Leave a Comment
At last, the European economy is growing faster than the US. According to Eurostat, the EU’s, statistical service, during the second quarter of this year, GDP grew by 2.4% in the club of 28 member states compared to the same period of 2016 and 2,2% in the US. It’s worthwhile nothing that in both the […]Draghi’s 2018 compromise: enough money printing to revive inflation and check euro ascent
September 11, 2017 by 3 Comments
Last Thursday Mario Draghi, the President of the European Central Bank, reassured the Eurozone banking conglomerates they will continue being blessed with zero cost money, well into the foreseeable future. He stated, “one thing is clear; the bottom line is that interest rates will stay, as it’s written here, at the present levels (zero for […]Berlin vies for a Germanic European Central Bank
August 3, 2017 by Leave a Comment
Last week, the deep German state struck again targeting the heart of Eurozone. The hit was effectuated by Sabine Lautenschläger, a middle aged Stuttgart born ex BaFin (Federal Financial Supervisory Authority) employee and presently member of the powerful executive board of the European Central Bank. Sabine now wants the ECB to abandon its extraordinary monetary […]Gloomy new statistics signify no end to Eurozone’s economic misery
August 8, 2016 by Leave a Comment
The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while […]Real EU unemployment rate at 10.2%+4.1%+4.7%: Eurostat Update
May 23, 2016 by Leave a Comment
This newspaper has been closely following the evolution of real unemployment over the past few years, on the base of Eurostat statistics. It has proved that real unemployment is much higher than the official rates. In January 2014 the European Sting, using Eurostat data, found that, in the third quarter of 2013 real unemployment was […]Why do overwhelming proportions of EU’s youth feel excluded?
May 16, 2016 by 1 Comment
The Eurobarometer, the public opinion analysis tool of the European Commission, interviewed 10,294 Europeans aged between 16 and 30 in the 28 EU member states between 9 and 25 April 2016, and found that most of them feel economically and socially marginalized by the crisis. Of course, there are incredible differences among the member state countries, […]No recovery for EU economy in sight and a Brexit can aggravate things for everyone
April 4, 2016 by 1 Comment
The Eurozone economy doesn’t seem able to gain a sustainable growth path, despite the hundreds of billions that, lately, European Central Bank has injected into the financial system. Analysts say, though, that ECB’s intervention came too late. There is more bad news for the real economy coming from the prices front. Last week, Eurostat, the […]Does Draghi have another ace up his sleeve given his Quantitative Easing failure?
March 2, 2016 by Leave a Comment
Last Monday Eurostat, the statistical service of the European Union, released a flash estimate for euro area annual inflation revealing a -0,2% inflation rate for February. The latter has worried the European Central Bank’s (ECB) officials and especially its president Mario Draghi. ECB’s Governing Council meeting which is taking place next week will have to reconsider […]Failing to see reality or deceiving the masses? The EU about poverty and social exclusion
February 11, 2016 by Leave a Comment
Some six years ago the European Union set targets for an ambitious project called “The Europe 2020 Strategy”. Amongst other equally fallacious if not deceitful objectives, the leaders of the 28 EU member states undersigned the Commission’s proposal to “lift 20 million people out of poverty and social exclusion by 2020”. No need to say […]EU to pay a dear price if the next crisis catches Eurozone stagnant and deflationary; dire statistics from Eurostat
January 11, 2016 by Leave a Comment
Amidst the historically worst first week of a year since stock exchange records exist, the Eurozone economy remains stagnant and appears clearly unable to offer itself and the rest of the global economy a sigh of relief. All along the first week of the New Year Eurostat kept airing quite disappointing statistics for the Eurozone […]Unemployment and immigrants haunt the EU; who can offer relief?
December 10, 2015 by Leave a Comment
On Tuesday 1st December, Eurostat the EU statistical service reminded us all that in the euro area the October unemployment rate still remained in the double digit region with 10.7%. Understandably, this is the official percentage of people without a job, while the real unemployment rate may be double that, as this newspaper has proved, […]French elections: by the time the EU economy revives and the migration crisis is solved extremists could take over Europe
December 8, 2015 by 1 Comment
The National Front (FN) of Marine Le Pen won the first round of the regional elections in France while Nikolas Sarkozy’s party came second and the French President Francois Hollande was disappointingly at the third place. The entire Old Continent was shocked last Sunday when it was announced that the FN received 28% and won six out […]Family incomes stagnate in the EU; people excluded from ‘moderate recovery’
November 12, 2015 by Leave a Comment
The Brussels Eurocrats are trying to convince us all that the European economy, after the 2008-2010 fallout, is now on the right track towards an era of growth and financial security. However, real people out there are still waiting to taste the benefits of this impalpable improvement. Apart from the fact that Eurostat, the EU […]How close is Eurozone to a new recession which may trigger formidable developments?
September 3, 2015 by Leave a Comment
According to the latest statistics published in August by Eurostat, the EU statistical service, the euro area economy grew by a meager 0.3% during the second quarter of this year. Despite the fact that the mere three decimal points of more gross product typically illustrate a positive development for the Eurozone economy, there are other […]The third bailout agreement for Greece is a done deal amid European economies full of problems
August 16, 2015 by Leave a Comment
After a very long session that lasted nearly 25 hours, the Greek government through 222 MP’s said a clear YES to the terms of the third bailout agreement. This strong positive vote provided to Euclid Tsakalotos, the Greek Finance Minister, the necessary tools to seal the deal with his counterparts, which realized late last night at […]Why EU’s working and unemployed millions remain uncertain or even desperate about their future
June 25, 2015 by Leave a Comment
Statistical data for the Eurozone economy paint a rather misty picture. Labour costs, an indicator which can fairly describe the evolution of the total volume of wages, marks a distinct increase signaling a clear betterment of the situation of the working classes. On top of that, May inflation at 0.3% indicates that the rate of […]Youth and children in Europe set the new perspectives for the decades to come
April 20, 2015 by Leave a Comment
The share of children of less than 15% in a population is a powerful and polyvalent indicator. For one thing, it accurately predicts the strength or the frailness of the country’s most valuable asset for the next decades, which is its human capital in productive age. The obvious value of the related statistics led Eurostat, […]Can ECB’s €60 billion a month save Eurozone?
March 4, 2015 by Leave a Comment
The European Central Bank as from this March will start pumping into the Eurozone economy extra liquidity of €60 billion a month of freshly printed money. The details of this extraordinary policy measure will be revealed tomorrow Thursday by Mario Draghi the President of ECB, in his regular Press conference after the Governing Council meeting […]European Energy Union: Integration of markets and need for in-house energy production
February 27, 2015 by Leave a Comment
The European Commission (EC) official convened in Brussels two days ago to discuss and decide about the crucial matter of the European Energy Union. The strategy of the implementation of this Union was presented and according to Maros Šefčovič, vice-president of the EC, would be “the biggest energy project since the Coal and Steel Community”. However, […]When will Eurozone’s unemployment rate stop being Europe’s worst nightmare?
July 4, 2014 by Leave a Comment
Eurostat, the statistical office of the European Union estimated on Tuesday that the euro area unemployment rate was 11.6% in May; stable compared to April but reduced by 0.4% to last year’s measurements. The agency mentions that 18,552 million men and women were unemployed in May 2014; a decrease of 636.000 compared to May 2013. […]Is deflation a real danger for Eurozone?
June 17, 2014 by Leave a Comment
There are rare times in the economic chronicle, and here they are now, when the merry going economies like Austria and Luxembourg have decent inflation rates around 1.5%, while the unlucky and miserable ones like Greece, Bulgaria and Portugal are being haunted by negative inflation records of up to -2.1%. Let’s get the full and […]The EU slowly exits from “Excessive Deficit Procedure” and hopefully from ‘Excessive Austerity Procedure’ too
June 6, 2014 by 2 Comments
Earier this week, on the 2nd of June, the European Commission (EC) decided to recommend to the EU Council of Finance Ministers to close the Excessive Deficit Procedure (EDP) for six countries. The reason why Austria, Belgium, Czech Republic, Denmark, the Netherlands and Slovakia must exit EDP is because these countries managed to lower their […]The EU Commission openly repudiates the austere economic policies
May 20, 2014 by Leave a Comment
László Andor, Commissioner for Employment, Social Affairs and Inclusion while delivering the opening address at the conference on Social policy innovation yesterday in Brussels, must have known that Eurostat, the EU statistical service, was to announce almost simultaneously that the rate of employment of people aged 20-64 fell to 68.3% in 2013, for a fifth […]Half of Eurozone in deflation expecting salvation from monetary measures
April 17, 2014 by Leave a Comment
Five Eurozone countries posted negative inflation rate in March (Greece (-1.5%), Cyprus (-0.9%), Portugal (-0.4%), Spain and Slovakia (both -0.2%), while the rate of change of consumer prices ranged between 0.1% and 0.3% in another four euro area members states during the same month. In almost all the rest euro area countries, March inflation appeared […]EU Commission: a rise in wages and salaries may help create more jobs
April 2, 2014 by Leave a Comment
The Eurozone unemployment rate in February remained stubbornly stuck at the high level of 11.9% since October 2013. According to Eurostat, the EU’s statistical service, the EU28 unemployment rate was 10.6% in February 2014, one decimal point lower than the 10.7% of January this year. Let’s dig a bit into unemployment. On an absolute number […]Eurozone stagnates after exporting its recession to trading partners
March 5, 2014 by 1 Comment
Today Eurostat, the EU statistical service, published its second and more accurate estimate for the euro area and the EU28 Gross National Product during the last quarter of 2013, and confirmed its flash estimate of 14 February when it had reported GDP increases of 0.3% and 0.4% respectively, in relation to the previous quarter. On […]High unemployment to continue haunting the EU
March 1, 2014 by Leave a Comment
Eurostat, the EU statistical service, revealed yesterday that the “euro area (EA18) seasonally-adjusted unemployment rate was 12% in January 2014, unchanged since October 2013”. The number of people without a job though increased in January 2014 to 19,175 from 19,158 thousand in December 2013. The rate of unemployment remains obstinately stuck to those very high […]
