Category: economy

At the end, there is the Signing Ceremony

What it looks like …

… when Canada and the EU ink a trade agreement in 2017, worth an estimated €10.9bn a year.

… when the EU and Japan sign a trade agreement spanning a third of the worlds economy

… when Germany signs bilateral trade deals with China, worth €20 billion in 2018. After the €15 billion worth of deals inked in 2011.

… when France signs a bilateral trade deal with Inida in 2018, worth €16 billion.

… when Austria and Russia signed bilateral trade and investment deals worth €14 billion, in 2018.

In contrast, a warm handshake is what you get …

… when you come home empty handed.

A bumper day of euro-area economic releases showed the region’s vital signs remain good, if not great.


UBS Says Euro to Strengthen in Second Half on European Growth Pickup. We are more confident that the Euro is start strengthening.
Source: Bloomberg

The European economy since the start of the millennium

The European economy since the start of the millennium:

This digital publication The European economy since the start of the millennium — a statistical portraitaims to show how main features of the economy of the European Union and its Member States have evolved since 2000 through a large range of statistical data giving both a micro- and a macro-economic perspective.

Also available as PDF (en) for download:
http://ec.europa.eu/eurostat/cache/digpub/european_economy/images/pdf/European-Economy-DigitalPublication-2018_en.pdf

Growth is set to remain strong in 2018 and 2019, at 2.1% this…

Growth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area.
More in the summer interim.

http://europa.eu/rapid/press-release_IP-18-4402_en.htm

Europe’s housing prices continue to soar

Europe’s housing prices continue to soar:

EU Passenger car registrations: +5.8% first two months of 2018; +4.3% in February

EU Passenger car registrations: +5.8% first two months of 2018; +4.3% in February:


In February 2018 the EU passenger car market grew by
4.3%, with new registrations totalling 1,125,397. In volume terms, last
month saw the best February results since 2008. Nearly all major EU
markets posted growth, except for the United Kingdom (-2.8%) – where car
sales declined for the 11th consecutive month – and Italy (-1.4%).
Spain (+13.0%) recorded the strongest gains, followed by Germany (+7.4%)
and France (+4.3%).

Diesel sales are noticeably down throughout the EU. Petrol is on the up and so is electric, though the later varies massively between region due to:  Insufficient support for electric vehicle charging infrastructure hampers uptake, new report shows. Where there is good infrustructure in place, people buy more electric cars.

Europe’s economy grew faster than the U.S. last year

Europe’s economy grew faster than the U.S. last year:

[Ticker] Eurozone reaches 11-year record for economic output

[Ticker] Eurozone reaches 11-year record for economic output

France and Germany agree on eurozone reform

France and Germany agree on eurozone reform:

That impatience seems to be at the core of an unprecedented initiative by French and German economists, who published Wednesday a detailed plan on how to make the monetary union shock-resistant and a better guarantor of long-term prosperity.

Fourteen influential scholars, who in September published a joint op-ed in Le Monde and the Frankfurter Allgemeine Zeitung to urge their respective governments to be bold on reforming the monetary union, have taken a step further to detail what they think should be done — and the sooner the better.

[…]

Links:

Whats going on with Brexit??

Whats going on with Brexit??