Monthly Archives: April 2013

Arctic Machine to open assembly factory in Finland

Arctic Machine manufactures equipment for snow removal, anti-skid treatment, road cleaning and road maintenance. Arctic Machine Oy, a leading Finnish road maintenance equipment manufacturer, is establishing a new assembly factory in Jyväskylä, central Finland. According to Arctic Machine’s CEO Juha … Continue reading

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Commission calls for cooperation to boost sustainable aquaculture in Europe

To boost the development of EU aquaculture, the European Commission has issued strategic guidelines, thereby cooperating with Member States and stakeholders in overcoming the challenges facing the sector. The EU aquaculture sector has a significant growth potential and can help … Continue reading

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April 2013: Economic sentiment declines markedly in both the euro area and the EU

In April the Economic Sentiment Indicator (ESI) decreased by 1.5 points in the euro area (to 88.6) and by 1.8 points in the EU (to 89.7). Euro area developments In the euro area, the ESI’s decline was broad-based across all … Continue reading

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March 2013 Euro area unemployment rate at 12.1% EU27 at 10.9%

The euro area1 (EA17) seasonally-adjusted2 unemployment rate3 was 12.1% in March 2013, up from 12.0% in February4. The EU271 unemployment rate was 10.9%, stable compared with February4. In both zones, rates have risen markedly compared with March 2012, when they … Continue reading

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Finnmap Consulting selected for Helsinki’s Wood City project

Environmentally friendly Wood City will be the tallest wooden quarter in Europe. Finnmap Consulting, one of the leading structural engineering companies in Europe and part of the Swedish Sweco group, has been selected as the structural designer for the Wood … Continue reading

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Fourth quarter of 2012 Household saving rate down to 12.2% in the euro area and to 10.7% in the EU27 Household real income per capita fell by 1.1% in the euro area

In the fourth quarter of 2012, the household saving rate1 in the euro area2 was 12.2%, compared with 12.8% in the third quarter of 20123. In the EU274, the household saving rate was 10.7%, compared with 11.0% in the previous … Continue reading

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Fourth quarter of 2012 Business investment rate down to 19.7% in the euro area and to 19.6% in the EU27 Business profit share down to 37.7% and 37.3% respectively

In the fourth quarter of 2012, the business investment rate1 was 19.7% in the euro area2, compared with 20.0% in the third quarter of 20123. This fall was the result of investment decreasing (-1.7%) at a higher pace than gross … Continue reading

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Taxation trends in the European Union The overall tax-to-GDP ratio in the EU27 up to 38.8% of GDP in 2011 Labour taxes remain major source of tax revenue

The overall tax-to-GDP ratio1, meaning the sum of taxes and social contributions in % of GDP, in the EU272 stood at 38.8% in 2011, from 38.3% in 2010 and 38.4% in 2009. The overall tax ratio in the euro area2 … Continue reading

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Spotlight on Africa’s life source – first Soil Atlas of Africa

The European Commission has today presented the first Soil Atlas of Africa, highlighting a vital natural resource which provides food, fodder, fuel wood, reduces flood risk and protects water supplies. With full colour maps and illustrations, the atlas explains in … Continue reading

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The real overall cost of intermittent renewable energy must be better assessed and revealed, urges the EESC

The debate on the overall cost of electricity from intermittent renewable energy sources must be completely transparent and the data publicly available, said the European Economic and Social Committee at Wednesday’s Informal Meeting of Energy Ministers in Dublin. The EESC … Continue reading

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