Press releases
June 2012: Business Climate Indicator continues to decrease in June
28/06/2012
European Commission Press release Brussels, 28 June 2012 Brussels, 28 June 2012 - In June 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.15 points to 0.94. The decline was mainly driven by a more negative assessment of production ...
June 2012: Economic sentiment remains stable in the EU and declines in the euro area
28/06/2012
European Commission Press release Brussels, 28 June 2012 Brussels, 28 June 2012 - The Economic Sentiment Indicator (ESI) remained unchanged, at 90.4, in June in the EU and decreased by 0.6 points in the euro area, to 89....
European Commission: building blocks towards economic growth
27/06/2012
European Commission MEMO Brussels, 27 June 2012 On 28th and 29th June, EU leaders will come together at the European Council to agree on a comprehensive package of measures to boost growth and jobs in the European Union, a "Compact for Growth And Jobs". ...
EU placed € 2.3 billion long 15-year bond in support of Ireland
26/06/2012
European Commission MEMO Brussels, 26 June 2012 The European Union (EU) today placed a € 2.3 billion benchmark bond with April 2028 maturity, seeing strong investor demand. The proceeds will be on-lent to Ireland as part the financial assistance package ...
Statement by Vice-President Olli Rehn on the request by Spain for financial assistance for recapitalisation of financial institutions
25/06/2012
European Commission MEMO Brussels, 25 June 2012 I welcome the formal request of the Spanish authorities to the Eurogroup for financial assistance for recapitalisation of financial institutions. Following this request, I have instructed our staff to step ...
Fiscal Union
25/06/2012
European Commission MEMO Brussels, 25 June 2012 We are in a defining moment for European integration and for the European Union as a whole. The lessons of the past have taught us that further integration within the Euro area is indispensable to complete ...
Update - The banking union
22/06/2012
European Commission MEMO Brussels, 22 June 2012 The Commission believes there has to be a clear longer term vision on the future of the EU's Economic and Monetary Union to give a sense of direction to the reforms and decisions necessary for the EU and ...
June 2012: Flash Consumer Confidence Indicator
21/06/2012
European Commission Press release Brussels, 21 June 2012 In June 2012, the DG ECFIN flash estimate of the consumer confidence indicator remained broadly unchanged in both the EU (at -19.5 after -19.4 in May 2012) and the euro area (at -19....
Preparation of Eurogroup and Economic and Finance Ministers Council, Luxembourg, 21-22 June 2012
20/06/2012
European Commission MEMO Brussels, 20 June 2012 EUROGROUP, 21 June The Eurogroup meeting will start on Thursday, 21 June at 16.00. The European Commission will be represented by Olli Rehn, Vice-President and Commissioner for Economic and Monetary Affairs ...
Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Rebalancing Europe Goldman Sachs 16th Annual Eu...
15/06/2012
European Commission Ladies and Gentlemen, Let me first thank you for the invitation to speak to such a distinguished audience. I am pretty sure that we all have the same critical question in mind: How can Europe overcome the intertwined sovereign debt ...
Olli REHN Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Semester plenary debate European Parli...
13/06/2012
European Commission Mr President, Honourable Members, Let me first thank you for this opportunity to discuss the first European Semester after the entry into force of the six pack legislation. The Commission adopted on 30 May its most important package ...
Olli Rehn Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro 2012 European Semester EP ECON Committee Econom...
11/06/2012
European Commission Dear Sharon, honourable Members, Thank you very much for the invitation to this Economic Dialogue on the package of economic analyses that the Commission adopted on 30 May and to discuss the country-specific recommendations we proposed. ...
Statement by President of the European Commission José Manuel Barroso and Vice-President Olli Rehn on Spain
11/06/2012
European Commission MEMO Brussels, 9 June 2012 We welcome today’s communication by Spain of its intention to request the support of the euro area for the restructuring of its financial sector, and the Eurogroup’s positive response to this....
Statement by the President of the European Commission Jose Manuel Barroso and Vice-President Oli Rehn on Spain
09/06/2012
European Commission MEMO Brussels, 9 June 2012 We welcome today’s communication by Spain of its intention to request the support of the euro area for the restructuring of its financial sector, and the Eurogroup’s positive response to this....
The banking union
06/06/2012
European Commission MEMO Brussels, 6 June 2012 The Commission believes there has to be a clear longer term perspective on the future of the EU's Economic and Monetary Union to give a sense of direction to the reforms and decisions necessary for the EU ...
Statement by Vice President Olli Rehn on the Fourth European Commission/European Central Bank/IMF Review Mission to Portugal
05/06/2012
European Commission MEMO Brussels, 4 June 2012 As the fourth Troika review mission to Portugal has concluded today, I welcome the assessment that Portugal is on track with the implementation of its programme....
Olli Rehn Vice-Président de la Commission Européenne responsable pour les Affaires Economiques et Monétaires et l 'Euro Déclaration du Vice-Président Olli Rehn au point de presse con...
04/06/2012
Commission européenne Je suis ravi d'accueillir Pierre Moscovici au Berlaymont pour la première fois dans son rôle de Ministre de l'Economie et des Finances. Nous avons eu des échanges ouverts et constructifs aujourd'hui....
Statement by the EC, ECB, and IMF on the Fourth Review Mission to Portugal
04/06/2012
MEMO/12/405 Brussels, 4 June 2012 Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Lisbon during May 22-June 4 for the fourth quarterly review of Portugal’s economic programme....
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