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European Parliament Seals Climate Change Package
added: 18-12-2008

After eleven months of legislative work, the European Parliament gave its backing to the EU's climate change package which aims to ensure that the EU will achieve its climate targets by 2020: a 20% reduction in greenhouse gas emissions, a 20% improvement in energy efficiency, and a 20% share for renewables in the EU energy mix.
wiêcej

Is the Media to Blame for Making Economic Crisis Worse?
added: 18-12-2008

An overwhelming 77 percent of Americans believe that the US media is making the economic situation worse by projecting fear into people's minds. The majority of those surveyed feel that the financial press, by focusing on and embellishing negative news, is damaging consumer confidence and damping investment, making a difficult situation much worse.
wiêcej

New Nationwide and State-by-State Data Shows Clear Economic Benefits of Infrastructure Stimulus Investments
added: 18-12-2008

Personal earnings will increase by $1.1 billion and the national gross domestic product will increase by $3.4 billion for every billion dollars invested in new infrastructure projects according to new national and state-by-state data released by the Associated General Contractors of America.
wiêcej

"The Single Market: Our Most Valuable Asset"
added: 17-12-2008

Single Market policy has played a vital role over the course of the last year in the European Commission's response to the financial crisis and the deepening recession, according to a Commission report.
wiêcej

Euro Area Annual Inflation Down to 2.1% in November 2008
added: 17-12-2008

Euro area annual inflation was 2.1% in November 2008, down from 3.2% in October. A year earlier the rate was 3.1%. Monthly inflation was -0.5% in November 2008.
wiêcej

Construction Output up by 0.1% in the Euro Area in October 2008
added: 17-12-2008

In the construction sector, seasonally adjusted production increased by 0.1% in the euro area (EA15) and by 0.7% in the EU27 in October 2008 compared with the previous month. In September, production fell by 0.9% and 1.6% respectively.
wiêcej

New Research Sheds Light Into the Dark Corner of Credit Card Pricing
added: 17-12-2008

Credit card companies make credit more costly than necessary by manipulating payments to keep the highest-cost balances from being paid off and by imposing hidden, hard-to-understand penalty interest rates, two new studies released by Center for Responsible Lending show.
wiêcej

Small Business Owner Optimism Lowest in Five Years but Most Say Credit Available
added: 17-12-2008

According to the recent Wells Fargo/Gallup Small Business Index surveyed in November, small business owners’ optimism fell to its lowest level since the survey’s inception in 2003. The score now stands at 10, a 35-point drop since last quarter. The Index has been declining since mid-2007.
wiêcej

Euro Area Securities Issues Statistics: October 2008
added: 17-12-2008

The annual growth rate of the outstanding amount of debt securities issued by euro area residents was 7.0% in October 2008, compared with 7.1% in September. For the outstanding amount of quoted shares issued by euro area residents, the annual growth rate was 0.7% in October 2008, the same as in September.
wiêcej

Fitch: Securitized U.S. RMBS Loan Mods to Reach 15% in Next 12 Months
added: 17-12-2008

Loan modifications will grow to 15% of 2005-2007 vintage securitized mortgages over the next twelve months from virtually none, according to Fitch Ratings. This projection is based on the modifications done by banks on their own loans and the level of inquiry Fitch has received on proposed changes to transaction documents that expand the servicer's ability to do modifications.
wiêcej

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