Tag Archives: Euro area

February 2013 Euro area unemployment rate at 12%

The euro area (EA17) seasonally-adjusted unemployment rate was 12.0% in February 2013, stable compared with January4. The EU27 unemployment rate was 10.9%, up from 10.8% in the previous month. In both zones, rates have risen markedly compared with February 2012, when they were 10.9% and 10.2% respectively. These figures are published by Eurostat, the statistical …
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OECD Economic Outlook, May 2012

The OECD has just launched its latest Economic Outlook. According to the report the global economy is gradually gaining momentum, but the recovery is fragile, extremely uneven across different regions and could be derailed by the crisis in the euro area. GDP growth across the OECD is projected to slow from an annual rate of …
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Quarterly Report on the Euro Area

The European Commission has just published the July 2011 issue of the “Quarterly Report on the Euro Area.” The report includes an assessment of the euro-area Member States’ stability programs, assesses the quality of national fiscal frameworks, and provides an overview of the economic adjustment programs devised forGreece,Ireland andPortugal. It also examines the potential risks …
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Ifo Economic Climate for the Euro Area

The Germany-based Institute for Economic Research (IFO, for its German acronym) has just advanced the results of its World Economic Survey (WES) of the 4th quarter of 2010 in cooperation with the International Chamber of Commerce (ICC), Paris. The report found that the Ifo indicator for the economic climate in the euro area rose once …
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Quarterly Report on the Euro Area

The Third Quarter 2010 edition of the Quarterly Report on the Euro Area confirms that, although output growth in most euro area Member States has improved, the strength of the recovery will depend largely on the ongoing balance sheet adjustment process in the corporate sector. The report also presents a review of previous current account …
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ECB 2010 Structural Issues Report

The European Central Bank (ECB) has just published its Structural Issues Report, which deals with “Energy Markets and the Euro Area Macroeconomy”. The study analyses the impact of energy price fluctuations on the euro-area macroeconomy. The response of euro area output to large energy price changes is determined by the level of energy dependency and …
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