Articles tagged as: eurozone

April 23rd, 2014

According to final figures released by the EU statistics office, Eurostat, on Wednesday, annual inflation in the eurozone fell to 0.5% in March, compared with 0.7% registered in February. A year earlier, the annual rate of inflation in March was 1.7% in the eurozone, while the monthly rate stood at 0.9%, ...

Continue reading Eurozone Annual Inflation Down Two Tenths in March

April 16th, 2014

In the fourth quarter of 2013, the price of housing in the eurozone experienced a decrease of 1.4% over the same period of 2012, according to the harmonised index data published by Eurostat, which places Cyprus and Spain as the countries where prices fell most, with declines of 9.4% and ...

Continue reading Cyprus and Spain Lead Eurozone House Price Decline

April 11th, 2014

The International Monetary Fund (IMF) has improved its growth forecast for the Spanish economy in 2014 by three tenths more than their previous forecast, and by two tenths more in 2015, to 0.9% and 1% respectively, as published in their 'World Economic Outlook' report, which also notes a more positive ...

Continue reading IMF Improves Forecast for Growth and Unemployment in Spain

April 4th, 2014

The unemployment rate in the eurozone remained stable in February at 11.9%, where it has stood since October 2013, according to the latest data from Eurostat, which is one tenth less than the unemployment rate registered in February 2013. In the whole of the European Union (EU), the unemployment rate in ...

Continue reading Eurozone Unemployment Stood at 11.9% in February

March 27th, 2014

The rating agency Standard & Poor's (S & P) stated on Monday that the eurozone will grow by 1% in 2014 and by 1.4% in 2015, and predicted that the Spanish economy would grow by 0.8% this year, to match the average pace of growth in the eurozone next year. This ...

Continue reading S & P Predict 1% Growth in 2014 for the Eurozone and 0.8% for Spain

March 20th, 2014

Inflation in the eurozone fell by 0.7% in February, year-on-year, compared with 0.8% the previous month, the EU statistics office, Eurostat, reported this week. A year ago this indicator reached 1.8%. According to Eurostat, the monthly inflation rate in February was 0.3% for the countries that share the single European currency ...

Continue reading Inflation Continues to Fall in the Eurozone

March 7th, 2014

The unemployment rate remained stable in the eurozone in January, at 12%, and also in the whole of the European Union (EU), at 10.8%, according to recent data published by the European Commission’s statistics office, Eurostat, which also confirms, according to their seasonally adjusted data, that unemployment in the eurozone ...

Continue reading Eurozone Unemployment Stable at 12% in January

February 20th, 2014

The construction sector activity in the Eurozone experienced an increase of 0.9% in December, over the previous month, when it fell by 0.2%, while year-on-year it fell by two tenths, according to the latest data published by the European Union statistical office, Eurostat. In the whole of the EU, construction activity ...

Continue reading Eurozone Construction Activity Increased by 0.9% in December

February 5th, 2014

The unemployment rate in the eurozone stood at 12% in December for the third consecutive month. The number of unemployed people in the region fell by 129,000 compared with November, the biggest drop since April 2007, to 19 million unemployed, thanks in part to the drop in unemployment registered in ...

Continue reading Eurozone Unemployment in December Drops Most Since 2007

January 24th, 2014

According to data published by the EU's statistical office, Eurostat, the price of housing in Spain recorded an increase of 0.8% in the third quarter of 2013 over the previous three months, when it had fallen by eight tenths, which is the first upturn in this indicator since the second ...

Continue reading House Price Rise in Q3 First Since Mid-2010

January 20th, 2014

A total of 670,000 counterfeit euro banknotes were withdrawn from circulation in 2013, a figure that represents an increase of 26.3% over the 531,000 notes that were recovered in the previous year, according to data from the European Central Bank (ECB). In fact, El Economista reported that, during the second half ...

Continue reading Fake Euro Banknotes up 26.2% in 2013

January 13th, 2014

The unemployment rate in the eurozone remained unchanged in November 2013 at 12.1%, the same level recorded in October after the maximum of September, according to a recent report published by the European Union Statistical Office, Eurostat. This data is in line with analysts' forecasts. The number of unemployed registered in ...

Continue reading Eurozone Unemployment Remained at 12.1% in November

December 23rd, 2013

According to recent data published by the EU statistics office, Eurostat, due to the crisis, the income per capita in Spain fell in 2012 to 96% of the EU average – instead of the 97% estimated in June – and placed the country at 12 points below the eurozone average. The ...

Continue reading Spain’s Income Per Capita Fell to 96% of EU Average in 2012

December 20th, 2013

The Consumer Price Index (CPI) recorded a month-on-month increase of 0.2% in November, compared with a 0.1% downturn in the same month of last year. According to the data published last week by the Spanish National Statistics Institute, the year-on-year rate has thus increased by 0.3 points over October to ...

Continue reading CPI Climbs 0.2% in November

December 19th, 2013

The number of people employed in Spain fell by 0.4% in the third quarter of 2013 compared to the previous three months, when it had dropped by five tenths, according to the European Commission statistics office, Eurostat, which highlighted that employment in both the eurozone and in the whole of ...

Continue reading Employment in Spain Fell by 0.4% in Q3