Europe > Economy

Economy in Europe

  • UK requests EU migration study, 13 months after Brexit vote

    EUROPEAN UNION, 2017/07/29 The UK's home affairs minister has asked the country's migration advisory committee for a “detailed assessment” of the role migration of EU citizens plays in the UK economy, she announced in an op-ed on Thursday (27 July). “We will be asking the committee to examine the British labour market, the in general role of migration in the wider economy and how the UK’s immigration system should be aligned with a modern industrial strategy,” home secretary Amber Rudd wrote in the Financial Times.
  • Netherlands Netherlands unemployment rate

    NETHERLAND, 2017/07/23
  • Eurozone Consumer Confidence Unexpectedly Falls In July

    EUROPEAN UNION, 2017/07/21 Eurozone consumer sentiment unexpectedly deteriorated in July, preliminary data from the European Commission showed Thursday.
  • June of 2017 CPI went up in Russia

    RUSSIA, 2017/07/19 The annual variation rate of the CPI in Russia in June of 2017 was 4.4% , 3 tenths higher than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 0.6%, and thus the accumulated inflation in 2017 is 2.3%
  • Ireland Q1 GDP Contracts 2.6%

    IRELAND, 2017/07/15 Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday. Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
  • Ireland Q1 GDP Contracts 2.6%

    IRELAND, 2017/07/15 Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday. Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
  • Africa: G20 Should Build Digital Economy Friendly to Growth, Jobs - Xi

    CHINA, 2017/07/10 Chinese President Xi Jinping says the Group of 20 (G20) members should build a digital economy that is friendly to increase and employment. He made the remarks while attending the two-day G20 summit in the German port city of Hamburg. "We should actively adapt ourselves to digital evolution, foster new economic drives, advance structural reforms and promote integrated development of digital and real economy," said President Xi.
  • Britain's Brexit Minister David Davis has begun negotiations on the country's divorce from the EU

    EUROPEAN UNION, 2017/07/08
  • OECD: global growth too weak to trim inequalities

    WORLD, 2017/06/20 THE small pick-up in world increase expected this year is not enough to trim inequalities around the world, the OECD said yesterday as it called on nations to launch reforms to remedy the situation. “We need a additional inclusive, rules-based globalization that works for all, centered on people’s well-being” said OECD chief Angel Gurria, as the body released updated economic forecasts. The Organisation for Economic Cooperation and Development, which provides analysis and policy advice to advanced economies, increased its estimate for world increase this year by two tenths of a % point to 3.5 % on a recovery in world trade, even if remains below the levels before the onset of the world economic crisis.
  • BRICS continues to drive global economy

    WORLD, 2017/06/20 BRICS will continue to be a increase engine of the world economy despite difficulties and challenges, Chinese Finance Minister Xiao Jie said Monday. "We firmly believe the economic condition of BRICS will be better under our joint effort," said Xiao in an interview on the sidelines of the second BRICS Finance Ministers and Central Bank Governors Conference. Slower-than-expected world economic recovery, policy uncertainties in developed nations, de-globalization and world protectionism caused a complex economic environment for BRICS, Xiao said.