News - May 2011

May 2011: Economic sentiment stable in the EU and moderately down in the euro area

27/05/2011

IP/11/651 Brussels, 27 May 2011 In May, the Economic Sentiment Indicator (ESI) was broadly unchanged at 105.4 in the EU, while it decreased by 0.6 points to 105.5 in the euro area. The overall decline in the euro area resulted from weakening confidence ...

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May 2011: Business Climate Indicator down in the euro area

27/05/2011

IP/11/652 Brussels, 27 May 2011 The Business Climate Indicator (BCI) for the euro area fell in May 2011 for the third month in a row. The current level of the indicator remains very high, but the drops observed over the last 3 months may suggest that ...

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26/05/2011

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Second €4.75 billion bond issued this week to support EU´s assistance packages

25/05/2011

MEMO/11/344 Brussels, 25 May 2011 The European Commission, on behalf of the European Union (EU), today issued a €4.75 billion bond with a 5 year maturity to fund a further disbursement of the assistance package to Portugal....

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€4.75 billion bond issued for EU´s assistance packages to Ireland and Portugal

24/05/2011

MEMO/11/336 Brussels, 24 May 2011 The European Commission, on behalf of the European Union, today issued a €4.75billion bond with a 10 year maturity to fund disbursements of the assistance packages to Ireland and Portugal....

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Olli Rehn European Commissioner for Economic and Monetary Affairs The Fabric that EMU is cut from ÖNB Annual Conference Vienna, 23 May 2011

23/05/2011

SPEECH/11/368 Sehr geehrter Herr Gouverneur, meine Damen und Herren, Ganz herzlichen Dank für die Einladung zu Ihnen zu sprechen. In the past decades I have been a frequent visitor to Vienna, in particular when I was responsible for Enlargement, and I ...

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Olli Rehn European Commissioner for Economic and Monetary Affairs The Fabric that EMU is cut from ÖNB Annual Conference Vienna, 23 May 2011

23/05/2011

SPEECH/11/368 Sehr geehrter Herr Gouverneur, meine Damen und Herren, Ganz herzlichen Dank für die Einladung zu Ihnen zu sprechen. In the past decades I have been a frequent visitor to Vienna, in particular when I was responsible for Enlargement, and I ...

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May 2011: Flash Consumer Confidence Indicator

20/05/2011

IP/11/623 Brussels, 20 May 2011 In May 2011, the DG ECFIN (Directorate General for Economic and Monetary Affairs) flash estimate of the consumer confidence indicator signals a very significant improvement for the EU (up to -10....

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Welcoming remarks by Commissioner Olli Rehn pdf - 16 KB [16 KB]

19/05/2011

Welcoming remarks by Commissioner Olli Rehn at the European Commission workshop “Towards a new International Monetary System”, 19 May 2011

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Olli Rehn European Commissioner for Economic andOlli Rehn European Commissioner for Economic and Monetary Affairs We need to address the shortcomings of the international monetary system Eur

19/05/2011

SPEECH/11/354 Ladies and Gentlemen, It is a pleasure to welcome you to this workshop “Towards a New International Monetary System”. I thank the French G20 Presidency for its support for this workshop, which brings together a distinguished group of policy-makers, ...

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Olli Rehn European Commissioner for Economic andOlli Rehn European Commissioner for Economic and Monetary Affairs We need to address the shortcomings of the international monetary system Eur

19/05/2011

SPEECH/11/354 Ladies and Gentlemen, It is a pleasure to welcome you to this workshop “Towards a New International Monetary System”. I thank the French G20 Presidency for its support for this workshop, which brings together a distinguished group of policy-makers, ...

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EU and EFSF funding plans to provide financial assistance for Portugal and Ireland

19/05/2011

MEMO/11/313 Brussels/Luxembourg, 19 May 2011 Following the formal request for financial assistance made on 7 April 2011 by the Portuguese authorities, the terms and conditions of the financial assistance package were agreed by the Eurogroup and the EU's ...

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Olli Rehn European Commissioner for Economic and Monetary Affairs Rethinking Economic Policy in Europe – a new era of EU Economic Governance Brussels Economic Forum Brussels, 18 May 2011

18/05/2011

SPEECH/11/348 Minister, Secretary General, Ladies and Gentlemen, It is my great pleasure to welcome you to this 12th edition of the Brussels Economic Forum. In these years, the BEF has become a key European platform for debating and shaping policy responses ...

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Olli Rehn European Commissioner for Economic and Monetary Affairs Rethinking Economic Policy in Europe – a new era of EU Economic Governance Brussels Economic Forum Brussels, 18 May 2011

18/05/2011

SPEECH/11/348 Minister, Secretary General, Ladies and Gentlemen, It is my great pleasure to welcome you to this 12th edition of the Brussels Economic Forum. In these years, the BEF has become a key European platform for debating and shaping policy responses ...

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17/05/2011

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Spring forecast 2011-12: European recovery maintains momentum amid new risks

13/05/2011

IP/11/565 Brussels, 13 May 2011 The EU economy is set to further consolidate its gradual recovery, with prospects for 2011 looking slightly better than projected in the autumn. GDP is projected to grow by around 1¾% this year and by close to 2% in 2012. ...

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Preparation of Eurogroup and Economic and Finance Ministers Council, 16 and 17 May 2011

13/05/2011

MEMO/11/294 Brussels, 13 May 2011 EUROGROUP, 16 May The Eurogroup meeting will start on Monday 16 May at 18h30. It will be attended by Commissioner for Economic and Monetary Affairs, Olli Rehn. A press conference is expected to take place after the meeting, ...

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13/05/2011

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European Commission Staff Statement after a joint mission with the IMF and the World Bank to Romania

10/05/2011

MeMO/11/281 Bucharest, 10 May 2011 A European Commission services’ mission reviewed the implementation of the ongoing balance-of-payments assistance to Romania and assessed the implementation of agreed measures for the release of the final instalment ...

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Statement on Portugal by Olli Rehn, European Commissioner for Economic and Monetary Affairs, and Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF)

05/05/2011

MEMO/11/275 Brussels, 5 May 2011 “We would like to express the strong support of the EC and IMF for the economic programme announced today by the Government of Portugal and supported by the main political parties....

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Olli Rehn European Commissioner for Economic andOlli Rehn European Commissioner for Economic and Monetary Affairs The Regulatory & Supervisory Reform of EU Financial Institutions: What n

02/05/2011

SPEECH/11/298 Olli Rehn European Commissioner for Economic and Monetary Affairs The Regulatory & Supervisory Reform of EU Financial Institutions: What next? COM/ECB conference: Strengthening the Foundations of Integrated and Stable Financial Markets Brussels, ...

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Olli Rehn European Commissioner for Economic andOlli Rehn European Commissioner for Economic and Monetary Affairs The Regulatory & Supervisory Reform of EU Financial Institutions: What n

02/05/2011

SPEECH/11/298 Olli Rehn European Commissioner for Economic and Monetary Affairs The Regulatory & Supervisory Reform of EU Financial Institutions: What next? COM/ECB conference: Strengthening the Foundations of Integrated and Stable Financial Markets Brussels, ...

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European Central Bank and European Commission hold joint conference to strengthen the foundations of integrated and stable financial markets

02/05/2011

IP/11/518 Brussels, 2 May 2011 The European Commission is hosting today in Brussels the second of a series of annual conferences, jointly organised with the European Central Bank (ECB). This conference features a number of top-level financial market participants, ...

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02/05/2011

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