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Euro area unemployment at 8.1% in September 2018; In Czechia, Germany and Poland the lowest rates

November 2nd, 2018 (0)
The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in September 2018, stable compared with August 2018 and down from 8.9% in September 2017. This remains the lowest rate recorded in the euro area since November 2008. The EU28 ...

First residence permits issued in the EU Member States remain above 3 million in 2017

October 26th, 2018 (0)
In 2017, about 3.1 million first residence permits were issued in the European Union (EU) to non-EU citizens. The number increased almost by 4% (or 112 000) compared with 2016. Employment reasons accounted for almost one-third (32%) of all ...

Top EU banks guilty of multi-billion tax fraud

October 23rd, 2018 (0)
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and Santander – the largest lenders in Germany and Spain. They ...

Annual inflation up to 2.1% in the euro area

October 22nd, 2018 (0)
The Euro area annual inflation rate was 2.1% in September 2018, up from 2.0% in August. A year earlier, the rate was 1.5%. European Union annual inflation was 2.2% in September 2018, stable compared to August. A year earlier, the ...

EU weighs screening member states over tax avoidance

October 15th, 2018 (0)
The European Union is considering screening its own member states to assess whether they should be included in the bloc’s blacklist of tax havens, a senior EU official said on Wednesday. In December 2017 the EU drew up a ...

House prices in the euro area rose; These are the countries with the highest increases

October 9th, 2018 (0)
House prices, as measured by the House Price Index, rose by 4.3% in both the euro area and the EU in the second quarter of 2018 compared with the same quarter of the previous year. These figures come from ...

European Commission released VAT Gap Frequently asked questions

September 27th, 2018 (0)
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...

The regions with the highest employment rate in European Union

September 21st, 2018 (0)
Eurostat, the statistical office of the European Union, has published interesting figures in relation to the regional employment in the European Union. In accordance the statement issued, the latest figures on regional employment in the European Union (EU) show ...

Online payment services make big IPO waves this year; Global IPO rankings in 2018

September 11th, 2018 (0)
The over $5 billion initial public offering in Hong Kong of Xiaomi, the world’s No. 4 smartphone maker, may have made the biggest splash in the global initial public offering market in the first half of the year, but ...

Dutch bank ING fined 775 million euros in money laundering case

September 7th, 2018 (0)
Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands, prosecutors said Tuesday. The country’s financial prosecution service said in a statement that ING for years failed to adequately ...
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