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23/10/2019  
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Economics
Artculos 26 a 50 de 112
Big Banks plan to launch a new digital currencyBNY Mellon, Deutsche Bank, Santander and UBS

Big Banks plan to launch a new digital currency

Four banks have reportedly partnered on a blockchain project aimed at creating a means to clear and settle transactions worldwide. BNY Mellon, Deutsche Bank, Santander and UBS are hoping to launch a commercial-grade blockchain system by 2018 Leer ms

House prices up by 3.0% in the euro area in the first quarter of 2016 Eurostat

House prices up by 3.0% in the euro area in the first quarter of 2016

House prices, as measured by the House Price Index, rose by 3.0% in the euro area and by 4.0% in the EU in the first quarter of 2016 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the fourth quarter of 2015, house prices rose by 0.4% in the euro area and by 0.7% in the EU in the first quarter of 2016. Leer ms

"ready-to-use" financial instruments

Commission launches new financial instruments to boost investments in start-ups

The European Commission adopted two new "off-the-shelf", i.e. "ready-to-use" financial instruments for ESI Funds investments, to ease access to funding for young businesses and urban development project promoters Leer ms

Spain and Portugal will not correct their excessive deficits by the recommended deadlineStability and Growth Pact

Spain and Portugal will not correct their excessive deficits by the recommended deadline

As announced in its Communication of 18 May, the Commission came back to the fiscal situation of Spain and Portugal. The College of Commissioners confirmed that Portugal did not correct its excessive deficit by the deadline of 2015 and that Spain is unlikely to correct its excessive deficit by the 2016 deadline.  Leer ms

Tax avoidance by companies cost EU countries 160-190 billion in lost revenue a year.Corporate taxation

Tax avoidance by companies cost EU countries 160-190 billion in lost revenue a year.

Tax avoidance by companies cost EU countries 160-190 billion in lost revenue a year. MEPs will discuss new measures to fight the most common practices on Tuesday 7 June and vote on them the following day. Read more about the legislation and check our infographic that shows corporate tax rates and respective tax income by member state. Leer ms

ICBC to buy London gold vault

ICBC to be first Chinese lender to own London vault

Chinas ICBC Standard Bank, the worlds biggest bank by assets, has agreed to buy a massive vault in London. It will be the first Chinese lender to own a vault in London as it looks to grow its precious metals business. Leer ms

Fourth quarter of 2015

Seasonally adjusted government deficit up to 2.3% of GDP in the euro area

In the fourth quarter of 2015, the seasonally adjusted general government deficit to GDP ratio stood at 2.3% in the euro area (EA19), an increase compared with 1.8% in the third quarter of 2015. In the EU28, the deficit to GDP ratio stood at 2.4%, an increase compared with 2.2% in the previous quarter. Leer ms

Natural disasters causes economic losses around the globeKarlsruhe Institute of Technology

Natural disasters causes economic losses around the globe

Natural disasters around the globe have resulted in economic losses of roughly $7 trillion and more than eight million deaths since 1900, according to a new calculation from scientists. According to the reports, over the 1900-2015 period, roughly 40% of economic losses are ascribed to flooding. Earthquakes accounted for about a quarter; storms for about a fifth; 12% was due to drought; 2% to wildfire, and under 1% to volcanic eruptions. Leer ms

House prices up by 2.9% in the euro area - Up by 3.8% in the EUFourth quarter of 2015

House prices up by 2.9% in the euro area - Up by 3.8% in the EU

House prices, as measured by the House Price Index, rose by 2.9% in the euro area and by 3.8% in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Leer ms

Developing Countries Face Headwinds

Demand for World Bank loans rises to record levels

The World Bank informed on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion.  Leer ms

More female employment would boost US economy, study saysUS economy gender equality

More female employment would boost US economy, study says

More female employment would boost the economy and gender equality in the workplace could add $4.3 trillion (3 trillion) to the US economy by 2025. One study of The McKinsey Global Institute showed Leer ms

Seasonally adjusted government deficit down to 1.8% of GDP in the euro areaThird quarter of 2015

Seasonally adjusted government deficit down to 1.8% of GDP in the euro area

In the third quarter of 2015, the seasonally adjusted general government deficit to GDP ratio stood at 1.8% in the euro area (EA19), a decrease compared with 2.2% in the second quarter of 2015. In the EU28, the deficit to GDP ratio stood at 2.3%, a decrease compared with 2.6% in the previous quarter. Leer ms

Terms of economic growth

Are we richer or poorer than before the onset of the crisis?

The global financial crisis triggered a deep recession in 2008 and 2009, the deepest since the Great Recession of the early 1930s. In 2009, the EUs GDP dropped by 4.4%, and in 2014 it barely exceeded the level of 2008.In terms of economic growth, the EU does seem to be experiencing a lost decade, after having experienced an average annual GDP growth of 2.29% between 1990 and 2007 and 2.45% during the six years preceding the crisis (2001-2007). Leer ms

237 million

European Commission and European Investment Fund mobilise loans to support micro-enterprises

20,000 micro-enterprises will get access to loans worth 237 million under the European Programme for Employment and Social Innovation (EaSI). The European Investment Fund (EIF), which manages the EaSI guarantee on behalf of the European Commission, and six microfinance institutions are signing guarantee agreements that will open up access to finance for microenterprises.  Leer ms

International Monetary Fund

IMF ready to assist Greece

International Monetary Fund Christine Lagarde said that if Greece ask for aid the IMF is ready to help them. Lagarde issued a short statement: "The IMF has taken note of yesterdays referendum held in Greece. We are monitoring the situation closely and stand ready to assist Greece if requested to do so." Leer ms

EU-CELAC Business Summit

New programmes to increase cooperation between the Europe and LATAM

Commercial ties between the European Union and Latin America and the Caribbean have doubled over the last decade boosting exports and jobs. As leaders from the Community of Latin America and Caribbean States met with European officials in Brussels , several new projects were forged to elevate our trade ties and grow investment in small-to-medium sized enterprises, road infrastructure, water sanitation and sustainable energy among others, totalling 118 million. Leer ms

Seven capital European regions among the ten most prosperous
GDP per capita in the EU

Seven capital European regions among the ten most prosperous

In 2013, regional GDP per capita , expressed in terms of purchasing power standards, ranged from 27% of the EU28 average in the French overseas department of Mayotte, to 325% of the average in Inner London in the United Kingdom Leer ms

First quarter of 2015

GDP up by 0.4% in the euro area

Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU281 during the first quarter of 2015, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2014, GDP grew by 0.3% in the euro area and by 0.4% in the EU28.  Leer ms

Spring 2015 Economic Forecast

Europe is benefitting from positive economic tailwinds

Economic growth in the European Union is benefitting from positive economic tailwinds. According to the European Commissions Spring 2015 Economic Forecast, these short-term factors are boosting an otherwise mild cyclical upswing in the EU. Leer ms

Lagarde refuses to give an extension of payment to Greece

IMF is rule-based and do not grant payments delays to advance economies

Restore the stability of the Greek economy, is an objective pursued by IMF, and it is actually done by looking at measures, committing to reforms, measuring what the outcome will be, but it is not done by a political last-minute accord. Leer ms

IMF: Global Growth to Rise Slightly

IMF Experts say the global economy will expand 3.5 percent this year

The IMFs Chief Economist, Olivier Blanchard says advanced economies like the United States will grow a little faster while emerging nations will expand a little more slowly. The economic picture is complicated by falling oil prices, large changes in currency exchange rates, and high levels of debt and other problems left over from the recession. Leer ms

The 3rd CARIFORUM-EU Business Forum

"Making connections. Building businesses. Increasing trade and investment"

The Third CARIFORUM-EU Business Forum will take place from April 15th to 16th, 2015 at Montego Bay, Jamaica bringing together about 150 key stakeholders from across the Caribbean, Europe, Africa and the Pacific. Leer ms

Joint Declaration on the WTO Trade Facilitation Agreement

Latin American countries supports trade facilitation to increase prosperity and equity to the region

Canada, Chile, Costa Rica, United States, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru and Dominican Republic support trade facilitation and the implementation of the WTO Trade Facilitation Agreement to increase prosperity and equity in the Americas. Leer ms

Trade and Investment Barriers Report

Trade and investment barriers persist despite prospects of global recovery, says EU report

The EUs strategic economic partners Argentina, Brazil, China, India, Japan, Russia, and the United States maintain a variety of barriers that significantly hinder international trade and investment opportunities of EU companies. This is the conclusion of the fifth edition of the EUs Trade and Investment Barriers Report (TIBR) presented today, identifying concrete obstacles to trade. Leer ms

Investment Plan for Europe

Vice-President Katainen and Commissioner Moedas promote the investEU and Horizon 2020 in Portugal

Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, and Commissioner Carlos Moedas, responsible for Research, Science and Innovation, are in Lisbon today to promote the Investment Plan for Europe and the Horizon 2020 research funding programme. Leer ms
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