Search Results for: Ireland
Business investment up to 25.8% in the euro area
April 9th, 2020
In the fourth quarter of 2019, before COVID-19 containment measures began to be widely introduced by Member States, the business investment rate was 25.8% in the euro area, compared with 23.7% in the previous quarter. The business profit share ...
Coronavirus: Call for single EU tracking app with data protection
April 7th, 2020
Europe’s data protection watchdog has called for a single coronavirus app to be used across the EU, instead of every country making its own. Several countries are developing tracking apps, but privacy advocates warn of the dangers they might ...
EU-US trade in goods: €153 billion surplus in 2019
March 11th, 2020
In 2019, the United States was the largest partner for EU exports of goods (18% of total extra-EU exports) and second largest for EU imports of goods (12% of total extra-EU imports), after China (19%). Looking at the period ...
Data protection fines hit £100m during first 18 months of GDPR
January 23rd, 2020
European countries have imposed approximately €114 million (£97 million) in data protection fines on businesses since revamped laws came into force in May 2018. Regulators have received 160,000 data breach reports, with UK firms third-most reported across Europe Approximately ...
Can you imagine how much the European households spent on transport?
January 8th, 2020
In 2018, households in the European Union (EU) spent 13.2% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.2% of the EU’s GDP or €2 220 per EU inhabitant. ...
Tax revenues have reached a plateau
December 30th, 2019
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis. The ...
Household expenditure by consumption purpose in the EU
December 5th, 2019
In 2018, households in the European Union (EU) spent almost €2 100 bn (equivalent to 13.0% of EU GDP) on ‘Housing, water, electricity, gas and other fuels’. This represents 24.0% of their total consumption expenditure and is by far ...
Euro area government deficit at 0.5% and EU28 at 0.7% of GDP
October 21st, 2019
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area the government deficit to GDP ratio fell from 0.9% in 2017 to ...
Pound’s gains erased amid Brexit deal jitters
October 17th, 2019
The rally in the pound triggered by news of a Brexit agreement has failed to last following concerns that the deal could still be scuppered. Sterling had surged to a five-month high against the dollar, coming close to $1.30, ...
UK and EU strike new Brexit deal in last-ditch talks
October 17th, 2019
Negotiators from the U.K. and EU reached a draft Brexit deal in 11th-hour talks Thursday, although there are serious doubts that the agreement will be approved by U.K. lawmakers back in Westminster. Sterling rose on news after the U.K. ...
