- Monday, 16 January 2017
- News
Eurozone Trade Balance showed surplus of 25.9 billion euros
The first estimate for euro area (EA19) exports of goods to the rest of the world in November 2016 was €184.2 billion, an increase of 6% compared with November 2015 (€173.8 bn). Imports from the rest of the world stood at €158.3 bn, a rise of 5% compared with November 2015 (€150.9 bn). As a result, the euro area recorded a €25.9 bn surplus in trade in goods with the rest of the world in November 2016, compared with +€22.9 bn in November 2015. Intra-euro area trade rose to €154.0 bn in November 2016, up by 5% compared with November 2015.
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- Thursday, 12 January 2017
- News
Eurozone Industrial Production increased by 1.5%
In November 2016 compared with October 2016, seasonally adjusted industrial production rose by 1.5% in the euro area (EA19) and by 1.6% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2016 industrial production rose by 0.1% in the euro area, while it fell by 0.1% in the EU28. In November 2016 compared with November 2015, industrial production increased by 3.2% in the euro area and by 3.1% in the EU28.
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- Wednesday, 11 January 2017
- News
Euro may not exist in 10 years, Macron says
The euro may not exist in 10 years' time if Paris and Berlin fail to bolster the single currency union, French presidential candidate Emmanuel Macron said on Tuesday, adding the current system benefited Germany at the expense of weaker member states. Macron was economy minister under Socialist President Francois Hollande until he resigned last year to create his own political movement and stand as an independent candidate in this year's presidential election. "The truth is that we must collectively recognise that the euro is incomplete and cannot last without major reforms," Macron said in a speech at the Humboldt University in Berlin.
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- Wednesday, 14 December 2016
- News
Eurozone Industrial Production fell by 0.2%
In October 2016 compared with September 2016, seasonally adjusted industrial production fell by 0.1% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2016 industrial production fell by 0.9% in the euro area and by 0.7% in the EU28. In October 2016 compared with October 2015, industrial production increased by 0.6% in the euro area and by 0.5% in the EU28.
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