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MEPs and MPs Debate Culture's Contribution to Jobs and Growth

added: 20-12-2007

The need to harness education and culture to the EU's jobs and growth strategy, even though treating culture as an economic engine might distort its very nature, was debated in depth by MEPs and MPs at a joint committee meeting on education and culture in the European Parliament on 18 and 19 December.

Trichet on Interest Rates, Inflation and Financial Turbulence

added: 20-12-2007

Jean-Claude Trichet told the Economics Committee on Wednesday that the "hump" in inflation would be longer than previously projected and risks were on the upside. Growth for the eurozone should be at around potential in the year ahead, but risks to that projection were on the downside. The continuing turbulence in financial markets also featured strongly in the final "monetary dialogue" with the European Central Bank President of 2007.

European Auto Industry Insists on Need for Balanced and Constructive CO2 Legislation

added: 20-12-2007

The European Commission’s legislative proposal on reducing CO2 emissions from cars does not offer the proclaimed balanced framework to cut CO2 emissions and to safeguard EU competitiveness and growth.

Work Experience Of The Population In 2006

added: 20-12-2007

A total of 156.7 million persons worked at some point during 2006, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The proportion of workers who worked full time, year round rose to 68.4 percent in 2006 from 67.5 percent in 2005. The number of persons who experienced some unemployment in 2006 was 14.4 million, about the same as a year earlier.

Commercial Real Estate Fundamentals Are Sound But Investment Slowing

added: 20-12-2007

The fundamentals in commercial real estate remain healthy with only slight increases in vacancy rates expected for the office and industrial sectors during 2008, although credit restrictions have recently slowed overall investment activity, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors.

The Leading Index for Germany Increased 0.6 Percent

added: 20-12-2007

The Conference Board announced that the leading index for Germany increased 0.6 percent and the coincident index decreased 0.2 percent in October.

Sustainable Economics with Clean and Energy Efficient Vehicles

added: 20-12-2007

The Commission's revised proposal for a Directive on the promotion of clean and energy efficient road transport vehicles introduces sustainable economics into public procurement of vehicles and transport services. Public authorities will use criteria for lifetime costs for energy consumption, CO2 emissions and pollutant emissions when they procure vehicles. A harmonised methodology will be applied to quantify these costs.

Online Christmas Shopping Activity Hits Highest Point of the Season to Date in the U.K., France and Germany

added: 20-12-2007

comScore, Inc. released its third study of the online shopping activity of U.K., French and German consumers this Christmas season. This study tracks the number of visits to online retail sites each week since the start of the season on October 29, as well as the fastest growing online retail properties in November, using data collected from the comScore World Metrix audience measurement service.

Commission Proposal to Limit the CO2 Emissions from Cars to Help Fight Climate Change, Reduce Fuel Costs and Increase European Competitiveness

added: 19-12-2007

The European Commission proposed legislation to reduce the average CO2 emissions of new passenger cars to 120 grams per kilometre by 2012. The proposed legislation is the cornerstone of the EU's strategy to improve the fuel economy of cars, which account for about 12% of the European Union's carbon emissions. The proposal further underlines the EU's leadership and determination to deliver on its greenhouse gas commitments under the Kyoto Protocol and beyond.

Postal Services: Market Opening by 2011 still on Track

added: 19-12-2007

The Transport Committee has confirmed that remaining postal service monopolies should expire by 2011 - or 2013 for some Member States. In its second reading vote on Tuesday, the committee decided by an overwhelming majority to stick to the compromise already endorsed by the Council on the opening up of EU postal services to competition. This paves the way for a final vote at the Brussels plenary session on 31 January.

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