In 2014, the number of nights spent in tourist accommodation establishments in the EU is...
"European Union" "My dear friend Giorgio Napolitano is an anchor of stability, a solid and reassuring presence, and a great European.
In November 2014 compared with October 2014, seasonally adjusted industrial production rose by 0.2% in both the euro area (EA18) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2014 industrial production grew by 0.3% in the both zones.
Relevent for European Union
14 Jan 2015
Lithuania's changeover from the litas to the euro has been smooth and successful. As of today, it is no longer possible to make payments in Lithuanian litas, the 15 days dual circulation period having ended on 15 January. No major problems were encountered and banks, post offices and retailers coped well with the extra workload caused by the changeover process and the parallel handling of two currencies.
The European Union and Morocco have concluded negotiations on an agreement to mutually protect their Geographical Indications (GIs). Through this agreement Morocco and the EU will ensure high level protection for their respective GIs for food products. Also aimed at promoting and fostering trade relations in agricultural products and foodstuffs produced in Morocco and the European Union, the text of the agreement was initialled today at chief negotiator's level.
Nine Members of the European Commission will participate in the 2015 Annual Meeting of the World Economic Forum in Davos, which takes place from 21 to 24 January under the motto “The new global context”.
The European Commission has opened an in-depth investigation to assess whether the proposed creation of a joint venture between three collective rights management organisations (CMOs) in the online licensing of musical works is in line with the EU Merger Regulation. The CMOs contributing to the joint venture are PRS for Music Limited (PRSfM) of the United Kingdom, Föreningen Svenska Tonsättares Internationella Musikbyrå u.p.a. (STIM) of Sweden and Gesellschaft für musikalische Aufführungs- und mechanische Vervielfältigungsrechte (GEMA) of Germany.
"My dear friend Giorgio Napolitano is an anchor of stability, a solid and reassuring presence, and a great European.Throughout his political career and in his 9 years as President, he weathered every storm with poise and dedicated his life to Italy and to Europe.I am sure that history will recognise his great contribution to Italy and to the European ideal." 13 Jan 2015
In November 2014 compared with October 2014, seasonally adjusted industrial production rose by 0.2% in both the euro area (EA18) and the EU
Many thanks for the opportunity to debate our investment plan. As a leading Central Banker said, it is the only plan around, so that means that we need to make it a good one.
In 2013, flows of money sent by EU28 residents to a non-EU country, referred to as personal transfers, amounted to €28.3 billion, while inflows to the EU28 totalled €10.3 bn. This resulted in a negative balance (-€18.0 bn) for the EU28 with the rest of the world. The majority of personal transfers consist of flows of money sent by migrants to their country of origin. 10 Jan 2015
New rules applying as of tomorrow mean businesses and consumers will be able to resolve cross-border legal disputes more easily – bringing expected savings of up to €48 million each year in the EU. The rules abolish the costly and lengthy procedure, which is currently used 10,000 times per year to get judgments in civil and commercial matters recognised in other EU countries.
The economic recovery which started in the EU in the spring of 2013 remains subdued and recent GDP forecasts for the EU have been revised down.
The European Commission is ready to further assist Ukraine, which has been hit hard by a deep recession. The conflict in the East of the country has had a heavy toll on the economy. Today the Commission has proposed new macro-financial assistance (MFA) to Ukraine of up to €1.8 billion in medium-term loans.
The European Commission today published a raft of texts setting outEU proposals for legal text in the Transatlantic Trade and Investment Partnership (TTIP) it is negotiating with the US. This is the first time the Commission has made public such proposals in bilateral trade talks and reflects its commitment to greater transparency in the negotiations.
The European Commission has found that Slovak plans to provide €58 million regional investment aid to Duslo a.s. is in line with EU state aid rules. Duslo, which forms part of the Czech conglomerate Agrofert, is located in Šal'a, Slovakia, and produces nitrogen (including ammonia), compound industrial fertilisers and other chemical products, such as rubber chemicals.
"We welcome the United States Department of Agriculture's (USDA) announcement that the US will progressively re-open its market to exports of beef from the European Union, starting with the Republic of Ireland.
A single rulebook for the resolution of banks and large investment firms in all EU Member States is set to enter into force as of 1 January 2015. The new rules will harmonise and improve the tools for dealing with bank crises across the EU. They will also ensure shareholders and creditors of the banks pay their share of the costs through a "bail-in" mechanism.
After Lithuania adopts the euro at midnight tonight – on the 15th anniversary of the launch of the single currency in 1999 – some 337 million Europeans in 19 Member States will share the same currency. This is a major achievement for Lithuania and for the euro area as a whole. Tomorrow, Lithuanians will start withdrawing euro cash and paying for their purchases in euro.
Following the third vote on a new President in the Parliament today, the Greek government has just announced general elections on 25 January. Through this democratic process, the Greek people will once again decide on their future. A strong commitment to Europe and broad support among the Greek voters and political leaders for the necessary growth-friendly reform process will be essential for Greece to thrive again within the euro area.
The European Commission is giving €2 million in emergency funding to assist scores of Libyans who have been forced to flee their homes because of worsening violence in the country.
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