Composite cost-of-borrowing indicator for new loans to corporations increased by 30 basis points to 3.41%, driven by interest rate effect; indicator for new loans to households for house purchase increased by 5 basis points to 2.94%, driven by interest rate effect Composite interest rate for new deposits with agreed maturity from corporations increased by 31 basis points to 1.83%, driven by […]
Today, Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, launches 10 Erasmus+ projects to test new forms of transnational cooperation between higher education institutions, as outlined in the European strategy for universities just one year ago. This is a key milestone for achieving the European Education Area.
In 2014-2020, the European Structural and Investment Funds (ESI Funds) unleashed a total investment of €731 billion, of which €535 billion was funded by the EU, fostering lasting socio-economic convergence, territorial cohesion, social Europe and a smooth green and digital transition.
In the week ending 27 January 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 5.1 billion to EUR 339.3 billion.
ECB to examine 57 of euro area’s largest banks as part of regular EBA-led EU-wide stress test ECB to conduct parallel stress test for 42 directly supervised banks outside EBA sample
Substantial tightening in credit standards for all loan categories Loan demand from firms decreased as interest rates continued to rise and financing needs for fixed investment fell Demand for housing loans decreased strongly owing to rising interest rates, low consumer confidence and deteriorating housing market prospects
376,000 counterfeit euro banknotes withdrawn from circulation in 2022, second-lowest level ever in proportion to total banknotes in circulation Around two-thirds of withdrawn counterfeits were €20 and €50 banknotes Euro banknotes remain trusted and safe means of payment Authenticity of euro banknotes verified using “feel, look and tilt” method
As Team Europe, the EU and its Member States will invest more than €280 million in grants in South Africa, including €87.75 million from the EU budget, to support policy reforms on green recovery, unlock green investments and build a knowledge-based transition in the framework of the Just and Green Recovery Team Europe Initiative for […]
Today, the European Commission and national consumer protection authorities of 23 Member States, Norway and Iceland (CPC Network), released the results of a screening (“sweep”) of retail websites. This check covered 399 online shops of retail traders selling products ranging from textiles to electronic goods. It also focused on three specific types of manipulative practices […]
What can be better than traveling to a destination where all the best elements to make your stay wonderful are united: many attractions to visit, a unique cultural experience, an outstanding historical heritage, AND the BIGGEST job fair in the whole country?
