market news


Tourism: €572 billion gross value added in the EU. The countries with the highest shares of tourism

In 2019, the last year before the COVID-19 pandemic heavily hit the tourism sector, the gross value added directly generated by tourism amounted to an estimated €572 billion, or ... Read More

House sales increase in 2021 in the majority of EU Member States

In 2021, the number of housing transactions, when compared with 2020, increased in the majority of EU Member States for which data are available. This increase comes after a ... Read More
onestopbrokers jobs

Employment up, labour market slack down in Q4 2021

In the EU, the employment rate of people aged 20-64 stood at 74.0% in the fourth quarter of 2021, which represents an increase of 0.5 percentage points (pp) compared ... Read More
German flag

How Long Until Inflation Breaks Germany?

During the 1923 Weimar Republic hyperinflation, newly-destitute Germans burned their life savings to keep warm or carted wheelbarrows of cash to stores to buy bread and milk. This wipe-out ... Read More

The Strangest ‘Safe Haven’ Asset Ever?

Not so long ago, companies that make recreational vehicles were great indicators of market tops. Since RVs were frequently the final pointless toy that people bought (after motorcycles, boats, ... Read More
research & development

How much money does your government allocate for R&D?

In 2020, the total government budget allocations for R&D (GBARD) across the EU stood at €100 786 million, equivalent to 0.8% of GDP. This information comes from data on ... Read More

Business registrations and bankruptcies in the EU

This post presents data on the number of new business registrations and the number of bankruptcy declarations in the European Union (EU) and in the euro area (EA) until ... Read More
gold bars

Wall Street Journal proves it doesn’t understand gold

Gold bugs should never assume that the mainstream investing community actually understands finance. That includes the Wall Street Journal, which recently published an article (Gold as an Inflation Hedge: ... Read More

Euro area unemployment at 7.7%

In June 2021, the euro area seasonally-adjusted unemployment rate was 7.7%, down from 8.0% in May 2021 and from 8.0% in June 2020. The EU unemployment rate was 7.1% ... Read More
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Banking faces seismic changes

  The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. ... Read More
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