European Commission Press release Brussels, 23 October 2014 October 2014October 2014 In October 2014, after four months of decline, the DG ECFIN flash estimate of the consumer confidence indicator increased slightly in the EU (by 0.6 points to -7.4) and remained broadly stable in the euro area (+0.3 points to...
At the end of the second quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 92.7%, compared with 91.9% at the end of the first quarter of 2014. In the EU28, the ratio increased from 86.0% to 87.0%. Compared with the second quarter of 2013, the government debt to GDP ratio rose in both the euro area (from 91.7% to 92.7%) and the EU28 (from 85.1% to 87.0%).
In 2013, the government deficit of both the euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt rose in both zones. In the euro area the government deficit to GDP ratio decreased from 3.6% in 2012 to 2.9% in 2013 and in the EU28 from 4.2% to 3.2%. In the euro area the government debt to GDP ratio increased from 89.0% at the end of 2012 to 90.9% at the end of 2013 and in the EU28 from 83.5% to 85.4%.
European Commission Brussels, 16 October 2014 Statement Greece has made immense progress in creating a basis for a sustainable growth model, based on sound public finances, a more competitive economy and a robust, effectively supervised financial sector.
Euro area annual inflation was 0.3% in September 2014, down from 0.4% in August. This is the lowest rate recorded since October 2009. In September 2013 the rate was 1.1%. Monthly inflation was 0.4% in September 2014.
European Commission [Check Against Delivery] Jyrki Katainen Vice-President for Economic and Monetary Affairs and the Euro Luxembourg, 13 October 2014 Good evening. I will make a few remarks on the work that lies ahead of us in the coming weeks. The recovery in Europe is still underway.
European Commission Brussels, 13 October 2014 Statement Staff from the European Commission, in liaison with the European Central Bank, carried out the second post-programme surveillance visit to Spain on 6-10 October. The European Stability Mechanism participated in the meetings on aspects related to its own Early Warning System.
In August 2014, compared with July 2014, industrial producer prices fell by 0.1% in both the euro area (EA18) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In July prices decreased by 0.2% in both zones.