News - April 2010

October 2012: Economic sentiment declines in the euro area but remains stable in the EU

30/10/2012

European Commission Press release Brussels, 30 October 2012 October 2012October 2012 In October the Economic Sentiment Indicator (ESI) remained unchanged in the EU, at 86.2, and declined by 0.7 points in the euro area, to 84.5.

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October 2012: Business Climate Indicator continues to decrease in October

30/10/2012

European Commission Press release Brussels, 30 October 2012 October 2012October 2012 In October 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.28 points to 1.62. The decline was driven by markedly worsened assessments of order books (overall and export) and past production.

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Statement by Vice President Rehn following on the conclusion of the first review mission for the Spanish financial sector programme

26/10/2012

European Commission MEMO Brussels, 26 October 2012 I warmly welcome today's positive assessment of the implementation of the Spanish financial sector programme. This is another step towards the thorough repair and reform of the banking system in Spain, which is in turn an essential building block for a return of...

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Statement by the EC and the ECB following the conclusion of the first review of the financial assistance programme for Spain

26/10/2012

European Commission MEMO Brussels, 26 October 2012 A delegation of the European Commission, in liaison with the European Central Bank and the European Stability Mechanism, undertook from 15 to 26 October 2012 the first review mission of the financial-assistance programme for Spain.

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Statement by Vice President Rehn on the conclusion of the eighth review mission to Ireland

25/10/2012

European Commission MEMO Brussels, 25 October 2012 I welcome the finding that Ireland's programme remains on track and that the government has reaffirmed its strong commitment to meeting the budgetary targets. I am convinced that Ireland's fiscal adjustment path strikes the right balance between growth and debt-sustainability concerns.

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Statement by the EC, ECB, and IMF on the Review Mission to Ireland

25/10/2012

European Commission MEMO Brussels, 25 October 2012 Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during October 16–25, 2012 for the eighth review of the government’s economic programme and also met with a variety of stakeholder groups.

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EU €3 billion 15-year bond for Ireland and Portugal meets with close to €6 billion investor demand

23/10/2012

European Commission MEMO Brussels, 23 October 2012 The European Union (EU) today issued a €3 billion benchmark bond with 15 years maturity. From the proceeds €1 billion will be on-lent to Ireland and €2 billion to Portugal, as part of their financial assistance packages and following to the successful completion...

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October 2012: Flash Consumer Confidence Indicator

23/10/2012

European Commission Press release Brussels, 23 October 2012 October 2012October 2012 In October 2012, the DG ECFIN flash estimate of the consumer confidence indicator remained broadly stable in both the EU (-24.2 after -24.0 in September 2012) and the euro area (-25.6 after -25.9 in September 2012).

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ECMI Annual Conference - Rebalancing Europe, rebuilding the EMU

18/10/2012

Many thanks to ECMI, CEPS and the National Bank of Belgium for the invitation. I will give you my take of the economic rebalancing that is going on in Europe and of our policy response to the debt crisis.

>> The presentation pdf - 432 KB [432 KB]

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One year of Task Force for Greece

15/10/2012

European Commission MEMO Brussels, 15 October 2012 One year ago, the Task Force for Greece (TFGR) started its operation of supporting the Greek administration in identifying and providing technical assistance (TA) for the country's reform process.

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Press speaking points by Vice-President Rehn at the Eurogroup – Luxembourg 8 October

09/10/2012

European Commission MEMO Brussels, 9 October 2012 I have one simple point to make today, especially to those who have doubted Europe's determination to take bold action in the face of this crisis. You may recall that two and-a-half years ago, when Greece ...

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Preparation of Economic and Finance Ministers Council, Luxembourg, 9 October 2012

05/10/2012

European Commission MEMO Brussels, 5 October 2012 COUNCIL OF ECONOMIC AND FINANCE MINISTERS (ECOFIN), 9 October The EU's Council of Economic and Finance Ministers will start on Tuesday, 9 October at 10....

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VICE-PRESIDENT REHN'S REMARKS AT JOINT PRESS CONFERENCE WITH MINISTER DE GUINDOS

01/10/2012

European Commission MEMO Madrid, 1 October 2012 Thank you and good afternoon. It is always a pleasure to be in Madrid, even for a short and intense trip such as this. I have had very useful and substantive discussions today with Prime Minister Rajoy, ...

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