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Industrial New Orders Down By 3.5% in Euro Area in May 2008

added: 23-07-2008

In May 2008 compared with April 2008, the euro area (EA15) industrial new orders index fell by 3.5%. In April the index rose by 2.0%. In the EU27 new orders decreased by 4.7% in May 2008 after growing by 3.6% in April. Excluding ships, railway & aerospace equipment industrial new orders declined by 2.5% in the euro area and by 2.4% in the EU27.

Protection Of The EU's Financial Interests: The Need For Cooperation With The Member States

added: 23-07-2008

The European Commission published the 2007 annual report on the protection of the Communities’ financial interests and the fight against fraud, a field for which the Commission and the Member States have a shared responsibility. The report gives a statistical overview of all irregularities notified to the Commission by the Member States, and indicates those cases where fraud is suspected.

Investor Confidence Index Rises from 79.0 to 82.6 in July 2008

added: 23-07-2008

State Street Global Markets, the investment research and trading arm of State Street Corporation released the results of the State Street Investor Confidence Index® for July 2008. Global Investor Confidence rose by 3.6 points to 82.6 from a revised June level of 79.0. Asian investors were the key drivers of this, as their risk appetite increased by 8.5 points from 74.4 to 82.9.

Construction Output Up By 0.2% In The Euro Area in May 2008

added: 23-07-2008

In the construction sector, seasonally adjusted production increased by 0.2% in the euro area (EA15) and by 0.3% in the EU27 in May 2008, compared to the previous month. In April, production decreased by 0.6% and 0.5% respectively.

Euro Area External Trade Deficit 4.6 Bn Euro in May 2008

added: 23-07-2008

The first estimate for the euro area (EA15) trade balance with the rest of the world in May 2008 gave a 4.6 bn euro deficit, compared with +1.4 bn in May 2007. The April 2008 balance was +2.5 bn, compared with +2.0 bn in April 2007. In May 2008 compared with April 2008, seasonally adjusted exports fell by 3.4% and imports by 1.3%.

Euro Area Annual Inflation Up To 4.0% in June 2008

added: 23-07-2008

Euro area annual inflation was 4.0% in June 2008, up from 3.7% in May. A year earlier the rate was 1.9%. Monthly inflation was 0.4% in June 2008.

How Customization Could Salvage The Auto Industry

added: 23-07-2008

In June, General Motors tumbled to its lowest stock price in more than thirty years, and the Associated Press reported that an estimated ten million fewer cars will be on the roads in America by 2012.

The Leading Index for Germany Declined 1.0 Percent in May 2008

added: 23-07-2008

The Conference Board announced that the leading index for Germany declined 1.0 percent and the coincident index decreased 0.3 percent in May.

New US Slump Revealed

added: 23-07-2008

The US second quarter reporting season is now delivering bad news in increasing quantities, forcing the usually optimistic and sunny American investors to take stock of what lies ahead for them and the market for the next six months to a year.

Hope Arises as European and American Homeowners Expect the Value of Their Property to Increase

added: 23-07-2008

The impact of the housing crisis is definitely not confined to just one country, and all across the world there are mixed feelings on the role of government in addressing this issue.

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