Press releases

Statement by Vice-President Rehn on the budgetary agreement reached in the Netherlands

27/04/2012

MEMO/12/290 Brussels, 27 April 2012 "We welcome the budgetary agreement reached with broad consensus in The Netherlands. It sends a strong signal of commitment to keep Dutch public finances on a strong and sustainable footing with a view to securing the ...

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EU € 2.7 billion 10-year bond for Portugal strongly oversubscribed

26/04/2012

MEMO/12/284 Brussels, 26 April 2012 The European Union (EU) today issued a € 2.7 billion benchmark bond with 10 years maturity, seeing strong and widespread investor demand with books almost three times oversubscribed....

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

26/04/2012

MEMO/12/283 Brussels, 26 April 2012 Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 17-26 for the regular quarterly review of the government’s economic programme. ...

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April 2012: Economic sentiment flat in the EU and down in the euro area

26/04/2012

European Commission - Press release Brussels, 26 April 2012 - The Economic Sentiment Indicator (ESI) remained stable in April in the EU at 93.2. In the euro area it decreased significantly by 1.7 points (to 92....

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April 2012: Business Climate Indicator continued to decrease in April

26/04/2012

European Commission - Press release Brussels, 26 April 2012 - In April 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.24 points to -0.52. The decline was mainly driven by a more negative assessment of export order books, production ...

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Commission decides to enter into negotiations on precautionary financial assistance with Hungary

25/04/2012

European Commission - Press release Brussels, 25 April 2012 - The Commission has today assessed that Hungary has taken sufficient action and commitments to enter into negotiations on precautionary balance of payment assistance....

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Hungary - infringements: European Commission satisfied with changes to central bank statute, but refers Hungary to the Court of Justice on the independence of the data protection authorit...

25/04/2012

European Commission - Press release Brussels, 25 April 2012 - Following detailed exchanges with the Hungarian authorities regarding new laws adopted under Hungary's new Constitution (see IP/12/24, IP/12/222 and MEMO/12/165 ), the European Commission has ...

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April 2012: Flash Consumer Confidence Indicator

19/04/2012

European Commission - Press release Brussels, 19 April 2012 - In April 2012, the DG ECFIN flash estimate of the consumer confidence indicator declined in both the EU (to -20.1 from -19.3 in March 2012) and the euro area (to -19....

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José Manuel Durão Barroso President of the European Commission Statement by President Barroso at the European Parliament Plenary Debate: "Economic Crisis in the Euro Zone" European Parl...

18/04/2012

SPEECH/12/278 Mr President, Honourable members, During our previous debates we have agreed that the financial and economic crisis can only be overcome if we combine financial stability and fiscal consolidation with measures that generate growth and jobs. ...

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Growth and jobs for Greece – FAQ

18/04/2012

MEMO/12/255 Brussels, 18 April 2012 Q1. What is the main objective of this Communication? Greece recently signed a Memorandum of Understanding leading to a Second Economic Adjustment Programme. This Programme will take three years to deliver its full ...

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Growth for Greece: Commission points the way to unlock growth and create jobs

18/04/2012

European Commission - Press release Brussels, 18 April 2012 - After many months of crisis, the conditions now exist to start moving from crisis to growth in Greece. Agreement on the Second Economic Adjustment Programme and the success of the debt reduction ...

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Remarks by Vice-President Rehn on the European Investment Bank's contribution to growth and jobs in the EU

18/04/2012

MEMO/12/257 Brussels, 18 April 2012 With the European Investment Bank (EIB), the EU has a powerful own institution to support growth and employment. The EIB, with a lending capacity several times the size of the World Bank, has been playing a key role ...

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EU places € 1.8 billion 26-year bond for Portugal

17/04/2012

MEMO/12/253 Brussels, 17 April 2012 The European Union (EU) today launched its third long-term bond in 2012, placing € 1.8 billion with a maturity of 26 years. The operation met with widespread investor demand....

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