Search Results for: European Union
Greece exits deflation after 33 months, uptick seen sustainable
January 14th, 2016
Greece emerged from 33 months of deflation in December, finally seeing some price rises after a bruising period of economic decline and political upheaval. Inflation calculated to European Union norms rose 0.4 percent in December, topping forecasts, data from ...
Pound Slumps as BOE Rate-Rise Expectations Recede
January 14th, 2016
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about China help push back expectations of a long-anticipated interest-rate increase ...
Rule of law in Poland: Commission starts dialogue
January 14th, 2016
The Commission discussed the respect of the Rule of Law in Poland and launched a dialogue under the Rule of Law Framework. It also discussed migration, the Investment Plan for Europe, a pillar of social rights and the treatment ...
PwC economists reveal predictions for 2016
January 11th, 2016
G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’ agendas Commodity prices will remain lower for longer End of the Eurozone crisis African population to rise in 2016 ...
Twitter files lawsuit against Turkish fine
January 11th, 2016
Twitter files lawsuit against Turkish fine over ‘terrorist propaganda’ – source Micro-blogging site Twitter filed a lawsuit in an Ankara court on Thursday, seeking to annul a fine by the Turkish authorities for not removing content Turkey says is ...
Meet 2016’s Worst Economic Performers Flirting With Disaster
January 11th, 2016
For the world’s worst-performing economies, no good will come from New Year’s resolutions to do better. For many, 2016 will only bring more disappointment, say economists surveyed by Bloomberg. Oil-rich Venezuela will contract by 3.3 percent this year, the ...
Euro area unemployment rate at 10.5%
January 7th, 2016
EU28 at 9.1% The euro area (EA19) seasonally-adjusted unemployment rate was 10.5% in November 2015, down from 10.6% in October 2015, and from 11.5% in November 2014. This is the lowest rate recorded in the euro area since October 2011. The ...
Cyprus is ‘next property investment hotspot’, says agency
January 7th, 2016
Cyprus is set to join London, New York and Paris as a top international property hotspot, says a leading agency. Chestertons International says there has been growing interest from investors for luxurious Cyprus properties, with sales rising 23% in October ...
Euro area annual inflation stable at 0.2%
January 5th, 2016
Euro area annual inflation is expected to be 0.2% in December 2015, stable compared to November 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area ...
EU, Ukraine Cut Trade Taxes Through New Free Trade Deal
January 5th, 2016
On January 1, 2016, the tariff cuts contained in the Deep and Comprehensive Free Trade Area (DCFTA) between the European Union and Ukraine became effective. Welcoming the deal, the European Commission said the application of the DCFTA of the ...
