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added: 06-07-2007

Average European wages increased significantly between 2005 and 2006, Eurofound’s European Industrial Relations Observatory (EIRO) reveals in its annual update of pay trends, Pay developments – 2006. However, considerable differences remain between the former EU15 and the 12 new Member States, both in terms of trends and the level of pay increases.

Business Activity at 60.7%, New Orders Index at 56.9%

added: 06-07-2007

Business activity in the non-manufacturing sector increased at a faster rate in June 2007, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

No Fireworks in Mortgage Rates this Week

added: 06-07-2007

Mortgage rates remained calm, with the average 30-year fixed mortgage rate holding at 6.74 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.25 discount and origination points.

VAT Reduced Rates: EU Commission Launches a Political Debate

added: 06-07-2007

The European Commission considers that there is a real need for a simplification and rationalisation of the current VAT rates structure, in particular the reduced VAT rates. It believes that there is a place for more flexibility which would allow Member States to apply VAT reduced rates to local supplies.

European Energy Consumers’ Charter: Protecting the Consumers' right to Choose

added: 06-07-2007

Four days after the full opening of the EU energy markets, the European Commission is launching a process that will eventually lead to the adoption of an Energy Consumers Charter. Consumers’ rights in the energy sector will thus be compiled in a single document at EU level for the first time. The Charter will aim to inform EU citizens about their rights relating to electricity and gas. The European Commission would like to encourage interested parties to participate in the consultation process on the current elements of the Charter in order to ensure a well-balanced final document.

Employers Cautiously Optimistic About Hiring in Q3

added: 06-07-2007

More than two-thirds (67 percent) of employers reported their companies hired new full-time, permanent employees at their locations during the first six months of 2007. Forty-three percent expect to hire the same amount of employees in the latter half of the year as the first half while 24 percent expect to hire more. One-in-five (21 percent) expect to hire fewer employees.

EU Strengthens Cooperation with U.S. on Cosmetics and Medical Devices

added: 05-07-2007

The European Commission and the U.S. government will from now on be able to exchange confidential information about the safety of cosmetics and medical devices.

Monster Employment Index Dips Slightly in June

added: 05-07-2007

The Monster Employment Index dipped three points in June, suggesting that the seasonal summer slowdown in hiring activity typically seen in July may have arrived slightly earlier than in previous years, but also pointing to renewed moderation in online job demand after five months of growth. The Monster Employment Index is based on a real-time review of millions of employer job opportunities culled from more than 1,500 different Web sites, including Monster®.

The Personal Lines Insurance Market

added: 05-07-2007

Personal lines insurance, which refers to products taken out by, or for, individuals or households in a private capacity, comprises private motor insurance; buildings and contents household insurance; accident and health insurance; pet insurance; travel insurance; and insurance for domestic appliances. The insurance is divided into five formal categories: motor, property, accident and health, general liability and pecuniary loss.

Aggressive Growth in the Flat Panel Display Market

added: 05-07-2007

Presently, the flat panel display (FPD) industry is at the peak of its growth. The most popular and widely prevalent technologies are the liquid-crystal display (LCD) and plasma display panel (PDP), which together constitute more than 90 percent of the entire FPD market.

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