News - May 2010

May 2010: Economic Sentiment Indicator's upward trend pauses

31/05/2010

IP/10/636 Brussels, 31 May 2010 May 2010: Economic Sentiment Indicator's upward trend pauses Important notice: business surveys data for May 2010 are now classified in accordance with an updated version of the Nomenclature of Economic Activities (NACE ...

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May 2010: Business Climate Indicator improves slightly

31/05/2010

IP/10/637 Brussels, 31 May 2010 May 2010: Business Climate Indicator improves slightly In May, the Business Climate Indicator (BCI) for the euro area improved marginally. The current level of the indicator suggests that economic activity in industry will ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Brussels Economic Forum Brussels, 26 May 2010

26/05/2010

SPEECH/10/265 Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Figures and graphics available in PDF and WORD PROCESSED Brussels Economic Forum Brussels, 2 6 May 2010 Ladies and Gentlemen, We have an intensive ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Brussels Economic Forum Brussels, 26 May 2010

26/05/2010

SPEECH/10/265 Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Figures and graphics available in PDF and WORD PROCESSED Brussels Economic Forum Brussels, 2 6 May 2010 Ladies and Gentlemen, We have an intensive ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Brussels Economic Forum Brussels, 26 May 2010

26/05/2010

SPEECH/10/265 Olli Rehn European Commissioner for Economic and Monetary Policy Closing key-note address Figures and graphics available in PDF and WORD PROCESSED Brussels Economic Forum Brussels, 2 6 May 2010 Ladies and Gentlemen, We have an intensive ...

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Brussels Economic Forum 2010: Healthy economic future is within reach

26/05/2010

"Beyond the immediate fire-fighting,Europe needs to focus on laying the fondations for sustainable and smart growth.Fiscal consolidation is among the key policy challenges,along with structural measures to lift potential growth and the capacity to create jobs.Europe must also be ahead of the curve in striving for a green economic transformation.Backed up by stronger European economic policy coordination,a virtuous circle of sustainable growth,sustainable public finances and high employmentis is within reach"

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Olli Rehn European Commissioner for Economic and Monetary Policy EU Strategies for a Post-Crisis World: Enhancing Growth through Smart Consolidation and Structural Reforms Brussels Economic Fo

25/05/2010

SPEECH/10/257 Olli Rehn European Commissioner for Economic and Monetary Policy EU Strategies for a Post-Crisis World: Enhancing Growth through Smart Consolidation and Structural Reforms Figures and graphics available in PDF and WORD PROCESSED Brussels ...

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Olli Rehn European Commissioner for Economic and Monetary Policy EU Strategies for a Post-Crisis World: Enhancing Growth through Smart Consolidation and Structural Reforms Brussels Economic Fo

25/05/2010

SPEECH/10/257 Olli Rehn European Commissioner for Economic and Monetary Policy EU Strategies for a Post-Crisis World: Enhancing Growth through Smart Consolidation and Structural Reforms Figures and graphics available in PDF and WORD PROCESSED Brussels ...

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May 2010: Flash Consumer Confidence Indicator

20/05/2010

IP/10/593 Brussels, 20 May 2010 May 2010: Flash Consumer Confidence Indicator In May 2010, the DG ECFIN flash estimate of the consumer confidence indicator signals a sharp drop for the euro area aggregate (down to -17....

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The EC proposals to reinforce economic governance in Europe

20/05/2010

MEMO/10/204 Brussels, 20 May 2010 The EC proposals to reinforce economic governance in Europe On 12 May the Commission proposed to reinforce decisively the economic governance in the European Union. The aim is to strengthen the functioning of the Stability ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Foundations for sustainable growth and job creation: safeguarding financial stability and reinforcing economic governance in Eu

19/05/2010

SPEECH/10/246 Olli Rehn European Commissioner for Economic and Monetary Policy Foundations for sustainable growth and job creation: safeguarding financial stability and reinforcing economic governance in Europe Figures and graphics available in PDF and ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Foundations for sustainable growth and job creation: safeguarding financial stability and reinforcing economic governance in Eu

19/05/2010

SPEECH/10/246 Olli Rehn European Commissioner for Economic and Monetary Policy Foundations for sustainable growth and job creation: safeguarding financial stability and reinforcing economic governance in Europe Figures and graphics available in PDF and ...

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EBRD Annual Meeting 2010. The Jacques de Larosière Lecture, Zagreb

15/05/2010

"The essential cornerstone for reinforcing both the preventive and the corrective arms of the Stability and Growth Pact is to coordinate fiscal policy in advance. This ensures that national budgets are consistent with the jointly agreed European obligations, so that they do not put at risk the stability of the euro-area as a whole and of other Member States. The idea is not to go through national budgets budget-line by budget-line, but rather to have a broader picture of the budgetary guidelines and fiscal balance."

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José Manuel Durão Barroso President of the European Commission Statement by President Barroso on Reinforced economic policy cooperation Joint press conference with Commissioner Olli Rehn Bru

12/05/2010

SPEECH/10/234 José Manuel Durão Barroso President of the European Commission S tatement by President Barroso on Reinforced economic policy cooperation Figures and graphics available in PDF and WORD PROCESSED Joint p ress conference with Commissioner Olli ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Reinforced economic policy cooperation in Europe Joint press conference with the President José Manuel Durão Barroso Brussels

12/05/2010

SPEECH/10/237 Olli Rehn European Commissioner for Economic and Monetary Policy Reinforced economic policy cooperation in Europe Figures and graphics available in PDF and WORD PROCESSED Joint press conference with the President José Manuel Durão Barroso ...

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Commission assesses Cypriot stability programme

12/05/2010

IP/10/564 Brussels, 12 May 2010 Commission assesses Cypriot stability programme Today the European Commission examined the updated stability programme 1 of Cyprus, which was submitted to the Commission on 13 April 2010....

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Commission adopts reports under excessive deficit procedure for Bulgaria, Cyprus, Denmark, Finland and Luxembourg

12/05/2010

IP/10/563 Brussels, 12 May 2010 Commission adopts reports under excessive deficit procedure for Bulgaria, Cyprus, Denmark, Finland and Luxembourg The European Commission today adopted reports under the corrective arm of the Stability and Growth Pact for ...

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Convergence Report 2010 by the Commission assesses readiness of non-euro area EU countries to adopt the euro; proposes Estonia joins euro area in 2011

12/05/2010

IP/10/562 Brussels, 12 May 2010 Convergence Report 2010 by the Commission assesses readiness of non-euro area EU countries to adopt the euro; proposes Estonia joins euro area in 2011 The European Commission issued today its 2010 Converge Report....

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Mastering economic interdependence: Commission proposes reinforced economic governance in the EU

12/05/2010

IP/10/561 Brussels, 12 May 2010 Mastering economic interdependence: Commission proposes reinforced economic governance in the EU The recent crises and the risk for the stability of the euro area have underlined vividly the interdependence and exposed ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Reinforced economic policy cooperation in Europe Joint press conference with the President José Manuel Durão Barroso Brussels

12/05/2010

SPEECH/10/237 Olli Rehn European Commissioner for Economic and Monetary Policy Reinforced economic policy cooperation in Europe Figures and graphics available in PDF and WORD PROCESSED Joint press conference with the President José Manuel Durão Barroso ...

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Olli REHN, European Commissioner for Economic and Monetary Affairs : "A consolidation pact with two equally important components"

11/05/2010

"I welcome that ECOFIN's decisions on fiscal consolidation and on the European stabilisation mechanism are by and large based on the Commission's proposals. I am referring to the stabilisation mechanism with a total volume of up to € 500 billion, which was the decision of yesterday."

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The European Stabilization Mechanism

10/05/2010

MEMO/10/173 Brussels, 10 May 2010 The European Stabilization Mechanism On 9 May, the Council has adopted a European Stabilisation Mechanism to preserve financial stability in Europe. The mechanism is based on Art....

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Olli Rehn European Commissioner for Economic and Monetary Policy Debate on the euro area European Parliament Brussels, 5 May 2010

05/05/2010

SPEECH/10/217 Olli Rehn European Commissioner for Economic and Monetary Policy Debate on the euro area Figures and graphics available in PDF and WORD PROCESSED European P arliament Br ussels, 5 May 2010 Madam President, let me thank you for a very rich ...

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Olli Rehn European Commissioner for Economic and Monetary Policy Debate on the euro area European Parliament Brussels, 5 May 2010

05/05/2010

SPEECH/10/217 Olli Rehn European Commissioner for Economic and Monetary Policy Debate on the euro area Figures and graphics available in PDF and WORD PROCESSED European P arliament Br ussels, 5 May 2010 Madam President, let me thank you for a very rich ...

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Spring forecast 2010-11: gradual economic recovery in progress in the EU

05/05/2010

IP/10/495 Brussels, 5 May 2010 Spring forecast 2010-11: gradual economic recovery in progress in the EU The Commission's spring forecast confirms that the economic recovery is in progress in the EU. After having experienced the deepest recession in its ...

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Commissioner Rehn and IMF Managing Director Strauss-Kahn

03/05/2010

"We strongly support the economic program announced today by the Government of Greece. The steps being taken, while difficult, are necessary to restore confidence in the Greek economy and to secure a better future for the Greek people. The program is unprecedented in the scope of the national effort required, as well as in the scale of the financial support-- €110 billion--being provided by euro area countries and IMF. We are confident that Greece will rise to the challenge and succeed."

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Joint Statement on Greece by EU Commissioner Olli Rehn and IMF Managing Director Dominique Strauss-Kahn

02/05/2010

IP/10/484 Brussels, 2 May 2010 Joint Statement on Greece by EU Commissioner Olli Rehn and IMF Managing Director Dominique Strauss-Kahn The European Commissioner for Economic and Monetary Affairs, Olli REHN, and the Managing Director of the International ...

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