Search Results for: Greece
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Athens agrees more austerity measures to secure bailout
May 2nd, 2017
The Greek government has agreed to impose more taxes and pension cuts on its citizens in order to pave the way for long-awaited debt relief talks with international creditors. “The negotiations for a technical deal were concluded on all ...
Unemployment rates in the EU regions ranged from 2.1% to 31.3%
May 2nd, 2017
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease of at least 0.5 percentage points. However, regional unemployment rates ...
EUR 230 million worth of fake food and beverages seized in global operation; case by country
April 27th, 2017
Operation OPSON VI, the joint Europol-INTERPOL operation targeting counterfeit and substandard food and drink, as well as the organised crime networks behind this illicit trade, has resulted in the seizure of 9 800 tonnes, over 26.4 million litres, and ...
Where the majority of EU population live? flats or houses
April 13th, 2017
House or flat: where do you live? In 2015, 42% of the EU population lived in flats and 57% in houses. The share of persons living in flats was highest in Spain (66%), Latvia (65%) and Estonia (63%), and ...
Taxes on labour income for the average worker across the OECD continued to decrease
April 13th, 2017
Taxes on labour income for the average worker across the OECD continued to decrease for the third consecutive year during 2016, dropping to 36% of labour costs, according to a new OECD report. Taxing Wages 2017 measures the level of ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
How the house prices in each European country changed
April 10th, 2017
Fourth quarter of 2016 compared with fourth quarter of 2015 House prices up by 4.1% in the euro area Up by 4.7% in the EU. House prices, as measured by the House Price Index, rose by 4.1% in the ...
The hourly labour costs in EU countries; lowest in Bulgaria (€4.4) and highest in Denmark (€42.0)
April 6th, 2017
Hourly labour costs ranged from €4.4 to €42.0 across the EU Member States in 2016 Lowest in Bulgaria and Romania, highest in Denmark and Belgium In 2016, average hourly labour costs in the whole economy (excluding agriculture and public ...
What’s next for Europe and Natural Gas
March 30th, 2017
In recent years we have seen countless proposals for projects to deliver natural gas to Europe and ease the European Union’s dependence on Russian gas. Attempts to diversify the EU’s energy supplies have produced various plans for pipelines. But amid ...
