Search Results for: Member States
These are the minimum wages in European countries
February 13th, 2017
Monthly minimum wages below €500 in east and well above €1000 in northwest As of 1st January 2017, 22 out of the 28 Member States of the European Union (EU) have national minimum wages: only Denmark, Italy, Cyprus, Austria, ...
Volume of retail trade down by 0.3% in euro area
February 8th, 2017
eurostat has issued a press release to inform in relation with the volume of retail trade in euro area and in EU28 for December 2016. In December 2016 compared with November 2016, the seasonally adjusted volume of retail trade ...
VW sued by first German customer
February 7th, 2017
Deutsche See, an environmentally conscious fish distributor, became Volkswagen’s first major German customer to sue VW over misrepresenting their vehicles as being environmentally friendly. Deutsche See’s complaint alleged “malicious deception” and was filed at the ...
European Central Banks reports on Euro banknote counterfeiting
February 2nd, 2017
353,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2016 Around 80% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes ...
What a leaked EU report says for Brexit
February 2nd, 2017
The European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will be damaged, a leaked EU report warns. The document – ...
Iran prepares to stop using the dollar as anger builds over Trump ban
February 1st, 2017
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited after Washington included the country in a list of seven ...
Euro area reports up in household income per capita
January 30th, 2017
In the euro area, in real terms, household income per capita increased by 0.2% in the third quarter of 2016, after an increase of also 0.2% in the previous quarter. Household real consumption per capita increased by 0.3% in ...
House prices up by 3.4% in the euro area
January 21st, 2017
House prices, as measured by the House Price Index, rose by 3.4% in the euro area and by 4.3% in the EU in the third quarter of 2016 compared with the same quarter of the previous year. These figures ...
ESMA issues breifing on tranaction reporting requirements under MIFID II
January 17th, 2017
Toward the end of 2016, ESMA published guidelines for transaction reporting under the Markets in Financial Instruments Directive (MiFID II) and Regulation(MiFIR). Additionally, ESMA released technical requirements and templates further detailing the relevant reporting requirements under MIFID II and ...
The highest and lowest unemployment rates in EU countries
January 12th, 2017
The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in November 2016, stable compared to October 2016 and down from 10.5% in November 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 ...
