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Business Climate & Economic Sentiment on the rise in EU

Business Climate & Economic Sentiment on the rise in EU

In July, improved euro-area sentiment resulted from higher confidence in industry, services and retail trade. Meanwhile, the Business Climate Indicator has risen 0.14 points.

 
Statement by the European Commission, the ECB and the IMF on Cyprus

Statement by the European Commission, the ECB and the IMF on Cyprus

Staff teams from the IMF and the Commission, in liaison with the ECB, visited Nicosia during July 14-24 2015 to review Cyprus’s economic reform programme.

The teams have reached staff-level agreement on policies that could serve as a basis for completion of the review.

 
July 2015: Consumers confidence flash estimate

July 2015: Consumers confidence flash estimate

This July, the flash estimate of the consumer confidence indicator decreased markedly in both the EU (by 1.6 points to -4.9) and the euro area (by 1.5 points to -7.1) compared to June.

 
Investment Plan for Europe: EFSI ready for take-off in autumn

Investment Plan for Europe: EFSI ready for take-off in autumn

A package of measures agreed today will ensure that the European Fund for Strategic Investments (EFSI) is up and running by early autumn 2015.

 
EuroSummit unanimously reaches agreement

EuroSummit unanimously reaches agreement

After all-night discussions, eurozone leaders have come to agreement on a new reform package for Greece.