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European Union’s trade network – the largest in the world

trade

14.10.2019 -Despite the difficult global economic climate, European companies have continued to make good use of the opportunities created by the European Union’s trade network – the largest in the world. In 2018 this network covered 31% of Europe’s trade exchanges, a figure that is set to rise significantly (to almost 40%) as more trade [...]

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Excessive deficit procedure: Council agrees to zero fines and new deadlines for Portugal and Spain

money deficit

On 8 August 2016, the Council agreed not to impose fines on Portugal and Spain for their failure to take effective action to correct their excessive deficits. It also stepped up the excessive deficit procedure for both countries, setting new correction deadlines and giving notice of measures to be taken. On 12 July 2016, the Council found [...]

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Slovenia – the largest government deficit in the EU

denar SL

According to data from Eurostat , the government deficit  of both the euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt  rose in both zones. In the euro area the government deficit to GDP ratio decreased from 3.7% in 2012 to 3.0% in 2013, and in the [...]

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