Tag "EU"

The euro area’s foreign trade surplus fell to a fraction in April

In April, due to the demand-reducing effect of pandemiological restrictions, the euro area foreign trade surplus shrank more than expected to a fraction of a year earlier, according to a...

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EU Member States lose 15 billion euros a year due to counterfeiting

Counterfeiting has cost more than 83 billion euros to legitimate producers worldwide, with EU Member States losing 15 billion euros a year between 2013 and 2017 – according to the...

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Euro area and EU GDP declined at a record pace in the first quarter

Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter. The European Union’s statistical office, Eurostat, said...

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Employment has fallen in Europe

Employment declined in the euro area and the European Union in the first quarter, compared to the last quarter of last year. The European Union’s statistical office (Eurostat) said on...

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Defining a decent minimum wage is crucial

A decent living in the European Union, in which minimum wages play a key role, is essential for the recovery from the coronavirus epidemic and the creation of a fair...

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The EU is preparing for new steps against new tobacco products

The Council of the European Union on Tuesday approved conclusions setting out policy guidelines and priorities for further reforms in two key areas of EU tax policy, the future development...

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The European Commission has presented a tool to strengthen economic recovery and resilience

The European Commission unveiled its financial instrument to help restore the economic crisis caused by the coronavirus pandemic and strengthen economic resilience (RRF) at its press conference on Thursday. The...

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Economic sentiment in the euro area and the EU improved in May

Although less than expected, the economic sentiment index in both the euro area and the EU improved in May from an 11-year low of the previous month – according to...

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ITM: one tenth of the web stores were inspected by the consumer protection authority within an EU action

The Ministry of Innovation and Technology’s (ITM) consumer protection was among those who carried out the most controls in a series of EU-wide inspections that have resulted in millions of...

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Employment in food supply across EU regions

In 2019, 15.9 million people aged over 15 were employed in the food supply sector in the European Union (EU), representing 8% of total employment. Their role is crucial for...

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