Economics
A Monster EU V-Recovery is Coming! Some Day: Q4 – GDP down by 0.7% in the euro area and by 0.5% in the EU
-5.1% in the euro area and -4.8% EU compared with the fourth quarter of 2019 Read here
Eurostat
Economics
They said it couldn’t be done: Government Debt up to 97.3% of GDP in Euro Area
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 […]
Economics
Is “Stable Deflation” in eurozone here to stay?
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 […]
Economics
The not so V-Recovery – Eurostat: EU’s attempt to export its recession running into trouble
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
Economics
Eurostat: Eurozone Striving to lead the World in Stable Deflation
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 […]
Economics
The EU’s Not So V-Recovery: Industrial production down by 0.4% in euro area and unchanged in EU
And this was before the second wave Read here
Economics
The EU’s prodigious V-Recovery – August: EU international trade in goods surplus falls to €11.3 billion
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) […]
Economics
EU’s mind-boggling V-Recovery – Hardly any increase in Industrial Production
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 […]
Economics
EU’s V-Recovery Barrels On (Downwards): Total labour market slack up to 14%
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 […]
Economics
The EU’s Booming Economy: Euro area annual inflation down to -0.3%
Euro area annual inflation is expected to be-0.3%in September 2020, down from -0.2% in August according to a flash estimate from Eurostat, the statistical office of the European Union Read here