European Directorate-General for Economic and Financial Affairs

EU's Almunia says euro overvalued against Chinese yuan

finanznachrichten.de     yesterday   2 related          

MILAN (Thomson Financial) - EU economic and financial affairs commissioner Joaquin Almunia said the euro is overvalued, while some currencies with an official exchange rate, such as the Chinese yuan, are undervalued. In an...                

Practical preparations for the euro: final countdown for Slovakia

nieuwsbank.nl     Jul 18, 2008   8 related          

Vrijdag 18 juli 2008 | European Union ] With only 5½ months to go before the adoption of the euro, Slovakia's preparations are quite advanced but further efforts are necessary. Slovakia last week received the final and formal...                

EU's Almunia Sees Combined Threats of Slow Growth and Rising Inflation in Europe

economicnews.ca     Jul 18, 2008   1 related          

Frankfurt - Speaking with Finnish business newspaper Kauppalehti, European Commissioner for Economic and Monetary Affairs Joaquin Almunia said that there is a combined threat of slowing economic growth and rising inflation in...                

The Euro and Trade: New Evidence

turkishweekly.net     Jul 16, 2008   41 related          

The Euro and Trade: New EvidenceWednesday , 16 July 2008The euro has increased trade within the currency union. This column summarises research exploring how firms' exporting behaviours have been shaped by the euro. The euro...                

Joaquin Almunia: Estonia has to avoid compromises in budget policy

balticbusinessnews.com     Jul 14, 2008          

Joaquin Almunia, the EU Monetary Affairs commissioner, told Äripäev that Estonia has to avoid compromises in budget policy. According to Almunia, it is important to stick to the economic and budget policy to exit the difficult...                

Slovakia Gets the Go to Join the Euro

businessweek.com     Jul 10, 2008   37 related          

In 2009, it will become the 16th country to join the monetary union, and the first in central Europe Slovakia is the first central European country to have successfully finalised the evaluation procedures for joining the euro...                

EU's Almunia Says Inflation a Major Problem

economicnews.ca     Jul 9, 2008          

Speaking from the European Economic and Social Committee in Brussels, Belgium, euro zone economics and monetary commissioner Joaquin Almunia said that inflation was becoming a major problem in the euro zone and that it was...                

The Day Ahead Europe and UK: German and UK Trade Balance, ECB and EU Speakers (Repeat)

economicnews.ca     Jul 9, 2008   3 related          

German trade balance and current account data are the first releases scheduled for Wednesday. The trade balance surplus is expected to fall to €17.3 billion from April to May, while the current account surplus is forecast to...                

EU nations to publish oil stocks weekly

iht.com     Jul 8, 2008   27 related          

EU nations to publish oil stocks weekly : Aiming to cool rocketing oil prices, European Union nations agreed Tuesday to publish how much oil they have in reserve every week to reassure traders. Most European countries currently...                

ECOFIN Finance ministers approve ending deficit measures vs Poland - source

finanznachrichten.de     Jul 8, 2008   2 related          

BRUSSELS (Thomson Financial) - EU finance ministers approved the European Commission's proposal to end disciplinary action against Poland for its excessive deficit, which is now below the 3 percent of GDP limit imposed by the...                

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