EuroStat
The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed Brexit deal terms. For the time being, at least, Britain will remain in the European Union.
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Germany's Federal Statistics Office reported that industrial production in November marked the third consecutive month with declines.
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Among all the problems in Europe and the post-Brexit woes, Eurostat has released its first view of third-quarter seasonally adjusted gross domestic product.
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Eurostat has released the flash estimate for third-quarter gross domestic product for the eurozone. The report has a mixed bias to it.
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Source: ThinkstockIf you have watched the stock market, bond market and the economy in general for the past five years or so, it will be no surprise that the world’s economies and financial markets...
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Source: ThinkstockThe seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been...
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If unemployment is at the foundation of measurements of national economic health, then the euro area and European Union remain crippled with little hope in sight for a recovery.
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Source: ThinkstockIf the European economy has improved at all, it has not shown up in unemployment numbers among the region’s weakest nations.According to Eurostat, within the region:Among the...
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Source: ThinkstockThe European Union’s (EU) statistical agency, Eurostat, reported this morning that industrial production in May for the 17 countries of the eurozone fell by 0.3% month-over-month...
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Source: ThinkstockThe recession in Europe got “less bad” in the first quarter of this year, if that is any comfort to the millions of people who are out of work and tens of thousands of...
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Source: ThinkstockLess Bad European GDPThe recession in Europe got “less bad” in the first quarter of this year, if that is any comfort to the millions of people who are out of work and tens of...
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Source: ThinkstockAlmost all the analysis of the unemployment situation in the euro area focused on the record jobless rate of 12.2%. Nothing was said about the 87.8% employment rate. The very large...
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Source: ThinkstockHigh European UnemploymentEurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S....
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Source: TheDapperDan via Wikimedia CommonsEuropean RecessionAs if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from...
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Source: ThinkstockEurope Returns to Recession Europe has dropped into recession or nearly so. Eurostat reported that third-quarter gross domestic product in the euro-area fell 0.1%, compared with the...
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