In January 2015, compared with December 2014, industrial producer prices fell by 0.9% in...
The European Commission has opened an in-depth investigation to assess whether UK plans to support the conversion of the Lynemouth coal power plant to operate entirely on biomass were in line with EU state aid rules. The Commission will investigate further to make sure that the public funds used to support the project are limited to what is necessary and do not result in overcompensation.
The European Commission today launched its landmark project to unlock funding for Europe’s businesses and to boost growth in the EU’s 28 Member States with the creation of a true single market for capital.
In December 2014 compared with November 2014, seasonally adjusted production in the construction sector fell by 0.8% in the euro area (EA18) and by 0.5% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In November 2014, production in construction fell by 0.5% in both zones.Full text available on EUROSTAT website 18 Feb 2015
Jonathan HILL - EU Commissioner for Financial Stability, Financial Services and Capital Markets Union Good afternoon ladies and gentlemen,
The Latvian Presidency is navigating Europe through challenging times and I wish you every success.
The European Union has released the first tranche of its 2015 financial support to the Palestinian Authority and to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), totalling €212 million. This new funding will help provide vital basic services such as education, healthcare and social services to the Palestinian people.
Following a decision by the Board of Governors of the European Investment Bank (EIB) today, small and medium-sized companies (SMEs) across Europe should be able to benefit from the first funds from the new European Fund for Strategic Investments (EFSI) before the summer.
Today, the European Commission and the European Investment Bank (EIB) launch two financial instruments to drive investment in energy efficiency, efforts to preserve natural capital, and adaptation to climate change. The objective is to unlock public and private investments by combining EIB loans with financing under the EU LIFE Programme for Environment and Climate Action.
The first estimate for the euro area (EA18) trade in goods balance with the rest of the world in December 2014 gave a €24.3 billion surplus, compared with +€13.6 bn in December 2013. The November 2014 balance was +€21.2 bn, compared with +€16.5 bn in November 2013. In December 2014 compared with November 2014, seasonally adjusted exports fell by 1.1% and imports by 2.4%. 16 Feb 2015
The European Union will give €156 million in humanitarian funding in 2015 to the Sahel region, where close to 20 million people don't know where their next meal will come from and more than 5 million children suffer from acute malnutrition. The UK is contributing to the European Union's funding for the Sahel with €45 million to respond to the humanitarian challenges in the region.
What is a European Long-term Investment Fund?
The European Commission has today adopted 40 new programmes under the European Cohesion Policy to support economic development and social cohesion across the European Union. An additional 10 programmes will be adopted before the end of this month. Together, these 50 programmes will be worth more than 66 billion euro.
The EU has today taken a further step towards restoring public trust in financial benchmarks in the wake of recent scandals over the manipulation of the LIBOR and EURIBOR benchmarks. In a move welcomed by the European Commission, the Council has given its backing to new proposed rules to enhance the robustness and reliability of benchmarks, which are used in financial instruments (e.g. bonds, shares, futures or swaps) and financial contracts (e.g. mortgages or consumer contracts) in the EU.
Speech at the opening conference of the Belgian Chairmanship of the Council of Europe Ladies and gentlemen,
In December 2014 compared with November 2014, seasonally adjusted industrial production was stable in the euro area (EA18) and rose by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2014 industrial production grew by 0.1% in both zones.
The European Commission has approved, under EU state aid rules, public funding to facilitate the closure of an uncompetitive coal mine in the Czech Republic (the Paskov mine), operated by the Czech mining company OKD a.s. The aid aims to ease the closure process and provide financial support to those working in the Paskov mine.
Road Safety: Cross-border enforcement of traffic rules will be possible in all EU Member States
Statement by High Representative/Vice-President Federica Mogherini, Commissioner for International Cooperation and Development Neven Mimica and Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides on Dr. Denis Mukwege in the Democratic Republic of the Congo (DRC)
Data on FDI stocks help to quantify the impact of globalisation and provide a measurement of longstanding economic links between countries. They measure the accumulated value of all FDI carried out in the past.
We extend our deepest condolences to the family, friends and colleagues of Kayla Mueller. Her death is just the latest in the long and terrible series of killings perpetrated in the Syrian conflict.
Eurostat, the statistical office of the European Union, publishes for the first time today relevant information on contingent liabilities and non-performing loans of government. These data have been provided by the EU Member States in the context of the Enhanced Economic Governance package (the “six pack”).
The European Commission, on behalf of the European Union (EU), today disbursed €100 million in the form of loans to Jordan. This is the first tranche of the Macro-Financial Assistance (MFA) programme to Jordan, which amounts to €180 million in total.
In 2013, gross inland energy consumption1, which reflects the energy necessary to satisfy inland consumption, amounted in the European Union (EU) to 1 666 million tonnes of oil equivalent2 (Mtoe), back to its early 1990s level and down by 9.1% compared to its peak of 1 832 Mtoe in 2006.Full text available on EUROSTAT website
Today representatives of Austria, Bulgaria, Croatia, Greece, Hungary, Italy, Romania, Slovenia and Slovakia as well as European Commission Vice-President for Energy Union Maroš Šefčovič and Commissioner for Climate Action & Energy Miguel Arias Cañete have held the first meeting of the Central East South Europe Gas Connectivity (CESEC) High Level Group in Sofia.
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