In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.6% in the euro areaand by 0.4% in the EU,compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical […]
-5.1% in the euro area and -4.8% EU compared with the fourth quarter of 2019 Read here
Compared with the third quarter of 2019, the government debt to GDP ratio rose in both the euro area (from 85.8% to 97.3%) and the EU (from 79.2% to 89.8%): the increases are due to […]
The euro area annual inflation rate was -0.3% in November 2020, stable compared to October. A year earlier, the rate was 1.0%. European Union annual inflation was 0.2% in November 2020, down from 0.3% in […]
In October EU exports began falling again – and this before the second wave as the “robust V-Recovery” was supposed to be happening. Read here
Only for the third time in its history, the eurozone had had four consecutive months of deflation. Many EU politicians are calling for the re-introduction of austerity in the hopes of increasing the eurozone’s efforts […]
And this was before the second wave Read here
This was the second monthly decline in a row. When one considers that the trade surplus with Britain was round €64 billion in the first eight months of the year (second only to the USA) […]
In August 2020, a month marked by a relaxation of COVID-19 containment measures in many Member States, the seasonally adjusted industrial production rose by a mere 0.7% in the euro area and by 1.0% in […]
The EU seasonally adjusted employment rate for people aged 20-64 stood at 72.0%, down by 1.0pp from73.0% in the first quarter 2020.This has been the sharpest quarter-on-quarter decline since the beginning of the time series […]
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