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Bankrate: Mortgage Rates Rebound to Three-Week High
added: 23-01-2009

Mortgage rates increased after falling in each of the previous three weeks. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage rate is now 5.59 percent with an average of 0.3 discount and origination points.
wiêcej

SAGE Consumer Balance Index: Recession Eases in January
added: 23-01-2009

Two indicators show the recession eased in January, but there are signs the economy remains fragile. For the third consecutive month, the Consumer Balance Index rose in January, indicating an ease in the recession. This latest increase, combined with upticks in November and December, retraces seven points of its 22-point decline that began in November 2007 with a drop from 95 to 87 points. The largest decline in the CBI came in October 2008 when it dropped ten points from the previous month to a low of 73 points.
wiêcej

Recession Will Bottom Out in 2009, Economists Tell Silicon Valley Business Leaders
added: 23-01-2009

The national recession may be the longest and deepest in 60 years, but it will bottom out in 2009 followed by a sharp rebound, two economists agreed at the Comerica Bank Economic Forecast Conference in Santa Clara, Calif.
wiêcej

EU27 Current Account Deficit 39.5 bn Euro in the Third Quarter of 2008
added: 22-01-2009

According to the latest revisions, the EU27 external current account recorded a deficit of 39.5 billion euro in the third quarter of 2008, compared with a deficit of 9.7 bn in the third quarter of 2007 and a deficit of 29.6 bn in the second quarter of 2008.
wiêcej

Industrial New Orders Down by 4.5% in Euro Area in November 2008
added: 22-01-2009

In November 2008 compared with October 2008, the euro area (EA15) industrial new orders index fell by 4.5%. In October the index decreased by 5.7%. In the EU27 new orders declined by 3.9% in November 2008, after dropping by 6.6% in October. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders dropped by 3.4% in the euro area and by 4.5% in the EU27.
wiêcej

Europe to Penalise Employers of Illegal Immigrants
added: 22-01-2009

Between 4.5 and 8 million illegal immigrants work in the construction, farming, hotel and other sectors in the EU. Under a new draft directive, their employers would be penalised while the illegal immigrants would be granted legal conditions of employment. MEPs are calling for criminal law sanctions in the most serious cases and want to make companies responsible for the actions of their subcontractors.
wiêcej

Energy Security Blueprint for the EU's Future Energy Strategy
added: 22-01-2009

Drawing on lessons from the recent gas supply crisis, the Industry Committee set out wide-ranging recommendations for the EU's future energy policy in an own-initiative report on Wednesday. It advocated emergency action plans, more grid interconnections among Member States and new climate targets to be achieved by 2050, including raising the share of renewables to 60% of total consumption.
wiêcej

Call for EU Legislation to Encourage Microcredit Schemes
added: 22-01-2009

The Economics Committee is calling for the Commission to propose legislation on microcredit schemes in Europe, aiming to remove problems caused by competition and money-laundering rules, to allow for more EU co-funding, to introduce a harmonised regulatory framework for microcredit providers and to raise their profile.
wiêcej

The Conference Board Leading Economic Index for Germany Declined 2.2 Percent in November 2008
added: 22-01-2009

The Conference Board Leading Economic Index for Germany declined 2.2 percent and The Conference Board Coincident Economic Index decreased 0.5 percent in November.
wiêcej

ECB's Trichet Sees Economic Pick-Up in 2010
added: 22-01-2009

Speaking to MEPs in the Economics Committee, European Central Bank President Jean-Claude Trichet said "the economic pick up should take place in 2010". MEPs questioned him on the current crisis, including the effects of the recovery measures on real economy and the need for better supervision of financial markets.
wiêcej

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