Search Results for: France
Clothes billions in worth imported in EU in 2018; Form where do they come?
April 25th, 2019
The EU Member States imported clothes worth €166 billion in 2018, just over half of which came from non-EU Member States (51%, or €84 billion). Compared to 2013, import of clothing to the EU Member States increased in value ...
Hourly labour costs rose in the euro area; The two main components of labour costs
March 21st, 2019
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly ...
Swiss bank UBS to appeal after fined 4.5 billion euros in French tax fraud case
February 21st, 2019
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. Shares in the Swiss bank fell as much ...
Industrial production down by 0.9% in euro area
February 13th, 2019
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November ...
Contingent liabilities and non-performing loans in the EU Member States
January 31st, 2019
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data on government guarantees, liabilities related to public-private partnerships recorded off-balance ...
Pound holds up against Dollar; Asian markets edged down Tuesday
January 22nd, 2019
Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall ...
European stocks fall as traders kicked off Monday’s session; Traders await “Plan B” for Brexit
January 21st, 2019
European stocks traded lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990. The pan-European Stoxx 600 index sank around 0.4 percent as traders kicked off Monday’s session, with most sectors ...
International trade in services: EU surplus up to over €190 bn
January 18th, 2019
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...
More wealthy Europeans are leaving the U.K., movers say
January 17th, 2019
With the Brexit deadline less than 75 days away, the increasing likelihood of a no-deal split is pushing wealthy Europeans who have made their homes in the U.K. to call it a day and get the movers in. Anthony ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...