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Austria: State Debts Could Amount to 74.5 Percent of GDP
The statistical office of the European Union, Eurostat, raised doubts about the Austrian budget deficit and public debts because of the financial scandal of the government of the province of Salzburg.
October 21, 2013
Austria: Inflation Down to 1.7 Percent
In September the inflation rate dropped to 1.7 percent which is the lowest value since August 2010.
October 16, 2013
Bulgaria: Significant Increase in Exports to EU
Exports from Bulgaria to the European Union have increased by 6.6 percent.
October 10, 2013
Serbia: Minor Growth of GDP
Serbia's real GDP growth in second quarter of year stands at 0.2%
October 1, 2013
Eurozone: Inflation Drops to 1.1 Percent
According to first estimates by Eurostat, the Eurozone shows the lowest inflation rate in more than a year. Only twelve months ago the inflation rate was at 2.7 percent.
September 30, 2013
Austria: Public Debt Increased to 74.0 Percent of GDP
Public finances 2012: public deficit at 2.5 percent, public debt at 74.0 percent of GDP.
September 30, 2013
Poland Trying to Eliminate Povery
The country plans on spending € 2bn in the combat against poverty.
September 19, 2013
Poland: Minor Slowdown in Industrial Production
On a year-on-year comparison basis, industrial output increased 2.2 percent in August while it declined 4.5 percent compared to July this year.
September 19, 2013
Eurozone: Moderate Decrease of Inflation
Euro area inflation was 1.3% in August, down from 1.6% in July
September 17, 2013
Austria: Inflation Rate on Lowest Level in Three Year
In August, food became significantly more expensive while the prices for fuel decreased 4.7 percent. The inflation rate dropped 1.8 percent.
September 16, 2013
Turkey: Industrial Turnover Index Grew 14.8 Percent
The statistical office of Turkey announced that the Industrial Turnover Index in July increased by 14.8 percent compared to the same month in 2012.
September 13, 2013
Eurozone: Industrial Production Decreased 1.5 Percent
Industrial production fell in fifteen EU member states.
September 13, 2013
Bulgaria: Annual Inflation of 2.9 Percent
Bulgaria's annual average inflation was 2.9 percent on a year-on-year comparison.
September 13, 2013
Turkey: Economic Growth Exceeds Forecasts
Turkey’s economy continues on its growth track for the 15th consecutive quarter.
September 12, 2013
Slovenian Exports Increased by 2.3 Percent
According to provisional data for the period from January to July 2013 compared to the same period of 2012 Slovenian exports increased by 2.3% while imports decreased by 0.1%; the export/import ratio was 97.6%.
September 10, 2013
Romania: Industrial Sales Increased 4.7 Percent in 2013
Romania’s industrial sales increased 4.7 percent in the first seven months.
September 9, 2013
Slovenia: Moderate Increase in Exports
Slovenian exports increased by 1.5% the first six months.
September 9, 2013
Romania: Fourth Largest Economic Growth in Q2
Eurostat:Romania reports 4th largest Q2, 2013 economic growth in the EU
September 5, 2013
Croatia: „Insufficient Move Towards the Positive Direction“
Croatia hopes its economy is moving in the "positive direction".
September 2, 2013
Eurozone: Unemployment at 12.1 Percent
A total number of 26.7 million persons in the European Union are unemployed, according to estimates by Eurostat, the statistical office of the European Union,
August 30, 2013
Austrian Economy Minister: “No Time for Idle Complacency”
Austrian Minister of Economics and former general secretary of the Austrian Chamber of Commerce (WKO), Reinhold Mitterlehner avoids any dispute with Christoph Leitl, President of WKO but signals a different opinion.
August 27, 2013
Romania: Government Loans Declined 1.2 Percent
Romanian Government loans granted by credit institutions declined by 1.2 percent.
August 27, 2013
Slovenia: Decrease of Net Electricity
In the seven months of 2013, Slovenia's total consumption of electricity decreased for less than 1% over the same period one year ago.
August 27, 2013
Eurozone: Minor Increase in Construction Production
In the construction sector, seasonally adjusted production rose by 0.7% in the euro area (EA17) and by 0.8% in the EU27 in June 2013, compared with the previous month, according to first estimates released by Eurostat.
August 20, 2013
Austria: Construction Costs to Decrease Slightly
Construction cost index for residential buildings increased by 1.8 percent in July 2013.
August 16, 2013
Austria: Minor Decrease of Inflation Rate
Slight easening of inflation in Austria: Thanks to cheaper fuels and a lower upward trend in prices for food, the inflation rate in Austria decreased from 2.2 percent to 2.0 percent in July.
August 16, 2013
Czech Republic to Crawl out of Recession
In the second quarter the Czech economy grew by 0.7 percent compared to the first quarter.
August 15, 2013
Schieder: “Successful Employment and Regional Economic Policy Has to Be Continued“
Austrian State Secretary rejects unreliable surveys “talking down” Austrian economy.
August 14, 2013
Eurozone: GDP Grew Slightly
Euro area and EU27 GDP both up by 0.3% -0.7% and -0.2% respectively compared with the second quarter of 2012.
August 14, 2013
Wifo: Minor Growth in Second Quarter 2013
According to a current flash estimate by the Austrian Institute of Economic Research (Wifo), the Austrian economy grew by 0.2 percent in real terms in the second quarter of 2013 compared to the previous period.
August 14, 2013
Eurozone: Minor Growth in Industrial Production
Industrial production up by 0.7% in euro area. Up by 0.9% in EU27.
August 14, 2013
Industrial Production Rose in Romania and Greece
In June 2013 compared with May 2013, seasonally adjusted industrial production grew by 0.7% in the euro area (EA17) and by 0.9% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union.
August 13, 2013
Austria: Significant Drop in Trade Deficit
A drop of 3.2 percent in imports and an increase of 1.1 percent in exports from January to May 2013 make the trade deficit decrease by more than € 2bn.
August 9, 2013
Eurozone: Inflation Remains Stable
Flash estimates show the Euro area annual inflation is stable at 1.6 percent.
August 1, 2013
Eurozone: Business Investments Decreased to 18.8 Percent
Business investment rate down to 18.8% in the euro area and to 18.3% in the EU27 Business profit share at 37.7% and at 37.2% respectively
July 31, 2013
Eurozone: Household Real Income Increased 0.5 percent
Household saving rate up to 13.1% in the euro area and to 11.0% in the EU27 Household real income per capita increased by 0.5% in the euro area
July 31, 2013
Poland: Foreign Trade Deficit Grows Substantially
Poland's final 2012 trade deficit comes at € 10.584 bn, according to statistics office.
July 30, 2013
Austrian Public Debt to Rise Further
Quarterly government debt first quarter 2013: € 231.6bn or 74.2 % of GDP.
June 28, 2013
WIIW: FDI in CESEE to Decline
The Vienna Institute for Economic Studies (WIIW) forecasts a decrease of 20 percent in foreign direct investments.
June 7, 2013
Positive Development in Austrian Winter Tourism
Current tourism winter season 2012/13: overnights rise by 5.3%
April 25, 2013
Poland: Favorable Forecast Despite of Recession in 2013
Poland’s economy is the biggest among the younger member states and continues to grow even with the current recession.
April 17, 2013
Austria: Significant Increase in Exports
Imports Increased by 0.3 %. Exports Increased by 7.1 %. According to preliminary results by Statistics Austria, total imports amounted to € 10.31 bn and total exports amounted to € 9.96 bn in January 2013.
April 10, 2013
Czech Republic: Exports and Imports Decreased Considerably
In February 2013, according to preliminary data of ‘cross−border statistics’, exports and imports at current prices fell by 3.6% and 4.4%, year-on-year (y−o−y), respectively.
April 9, 2013
Slovakia: Industrial Production Increases by 4.1 %
Production still driven by the automotive industry. Industrial production in January 2013 increased month-on-month by 4.1%.
April 3, 2013
Hungary: Public Deficit Amounted to HUF 166.6bn in Q4/2012
The deficit of the general government sector was HUF 566.7 billion in 2012, 2.0% of GDP according to data reported to the EU on 29 March 2013 under the Excessive Deficit Procedure (EDP).
April 3, 2013
2012: Significant Increase in Austrian Construction Industry
According to the latest data issued by Statistik Austria, the construction industry has increased its output significantly in 2012.
April 2, 2013