Tag: Eurostat
EU nation sees bankruptcies rise – Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
The EU nation sees the number of bankruptcies increasing in Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
Decline in gas consumption in the EU
Natural gas consumption in the EU has decreased by 19.3% in the period August 2022 – January 2023, the decrease in Bulgaria is below 25%, compared to the average gas consumption for the same months (August – January) between 2017 and 2022. Council Regulation (EU) 2022/1369 on coordinated measures to reduce demand for natural gas, […]
Rehn: A recession in the Eurozone would be a disadvantage for Finland rather than a collapse
“The rising cost of energy has also increased food prices. The increase in food prices affects all citizens, but especially those with low incomes, for whom the food bill eats up the lion’s share of the income, he said. quoted saying Helsingin Sanomat’s public hearing in the parliament’s trade committee. Eurostat has reported that consumer […]
The IMF urges Finland to cancel the stimulus fiscal measures
According to its estimates, the turnaround could be achieved in part with better targeted energy support measures. “This should be followed by a gradual but well-defined and well-communicated medium-term stabilization plan based on the measures identified in comprehensive spending and tax reviews.” final statement reads. “Structural reforms that boost long-term growth remain a priority, including […]
The quick assessment raises concerns about a recession in Finland
Adjusted production in April-June grew by 1.7 percent from the previous quarter. The estimate raised concerns among many economists that the contraction of the national economy will continue in the fourth quarter and thereby slide into recession. The technical definition of a recession is negative GDP growth for two consecutive quarters. “That’s how it starts, […]
About 32% of cars are under five years old
Iceland’s car fleet is among the youngest compared to other European countries. The European Union’s statistical office, Eurostat, recently published an overview of the age of the continent’s car fleets, and when you compare Iceland’s figures, you can see that as many as ten countries have a higher proportion of new cars, five years old […]
Media Literacy Index: Bulgaria is the least able to resist fake news
Bulgaria is the country in the European Union most unable to withstand the negative effects of fake news and most vulnerable in the fight against it. This shows the Media Literacy Index for 2022, prepared in the framework of the European Policy Initiative (EuPI) of the Open Society Institute – Sofia, and assesses the potential […]
Marin: Politicians must be able to discuss economic policy coordination
“The root cause of inflation is the high price of energy, so we need to focus on two things in particular. We need to rapidly increase energy production to solve this supply problem. And another thing we need to discuss and find solutions for is energy pricing,” he said quoted saying from STT. He considered […]
Number of non-EU nationals asked to leave Italy rises by over 2,000% in Q2
BRUSSELS, Belgium: The European Union’s statistics office, Eurostat, said the number of non-EU nationals ordered to leave Italy rose by more than 2,000 percent from April to June, compared with January to March. Eurostat added that in the second quarter Italy ordered 6,020 people to leave its territory, compared with 260 in the first quarter […]
Bulgarians leave the family home at the oldest age – Top 5 in the EU
Bulgaria is one of the countries in the EU where young people leave the family home at the oldest age (30.3 years). This is indicated by current data from Eurostat. Bulgaria also has one of the largest gender gaps after Romania (a difference of 3.5 years), with men leaving their parents at 32.0 years and […]
July inflation in the euro area at 8.9 percent on an annual basis
BRUSSELS, Belgium: The European Union’s statistics office, Eurostat, confirmed that inflation in the euro zone hit a new record high of 8.9 percent year-on-year in July, with core measures, excluding the most volatile components, also rising. Consumer prices in the 19 eurozone countries rose 0.1 percent month-on-month in July, the highest since the launch of […]
Consumer prices in Finland rose faster than expected in July
“It was expected that the sharp drop in the price of gasoline would at least moderate July’s average inflation to some extent. That didn’t happen, because especially the rise in electricity and food prices tipped the scales in the other direction,” he analyzed. press release on Monday. “Broad-based upward price pressure has not disappeared, although […]
Electric cars may soon be more than fossil vehicles in Denmark
In 2035, 54.51 percent of the new vehicles registered in Denmark will be electric – up from 7.19 percent in 2020. This shows an analysis of data from the European Environment Agency and Eurostat from Eurostat. Confused.com – a financial company based in the United Kingdom. Among the European countries, Denmark has taken a fourth […]
Inflation in Finland accelerates to 7.8 percent in June
“Since last December, the prices of food and non-alcoholic beverages have increased by 10 percent, light fuel oils by 76 percent, diesel and gasoline by 42 percent, and electricity by 22 percent – in no more than six months,” comment Kristiina Nieminensenior statistician from Statistics Finland. Consumer prices are also rising rapidly in other parts […]
Iceland is the most expensive country in Europe
Eurostat, the statistical office of the European Union, has published price data in several categories and by country on its website. Prices in Iceland are higher in all categories than average prices in the European Union. Food in Iceland is 42% more expensive than the European Union average. Also, clothing and public transport are more […]
Eurostat: Alcohol prices in Finland the highest in the EU last year
In Finland, the prices of alcoholic beverages were the highest in the EU last year, according to a price comparison program coordinated by Eurostat, the European Union’s statistical office. According to the study, the price of alcohol in Finland was 120 per cent higher than the EU average in 2021. This is a significant increase […]
Inflation in Finland accelerated to 7 per cent in May
The annual rise in consumer prices was 5.7 per cent in April. Inflation was even higher in the euro area. According to Eurostat’s harmonized index of consumer prices, consumer prices rose by 8.1 per cent year-on-year in May, 0.7 percentage points higher than in April. According to the index, inflation in Finland was 7.1 per […]
The Danes produce the most waste in the EU, but they are the best at handling it
Denmark, with its first place in Environmental performance index, is undeniably a global and European leader in sustainability. According to Global waste indexDenmark is also one of the best when it comes to waste management, and is in second place after South Korea. But despite the country’s success in managing its waste, a new study […]
HS: Rents in Finland may jump this year due to a common clause in the leases
Contracts may also include a clause linking the increase to the consumer price index and setting a minimum annual increase. Anne ViitaThe Chief Operating Officer of Suomen Tenants told Helsingin Sanomat on Monday that in the latter case, the minimum increase is typically about three percent. Some leases stipulate that the rent must be reviewed […]
Thursday’s newspapers: NATO support, Finland’s membership decision and shortage of nursing staff
According to a recent survey by Helsingin Sanomat, support for Finland’s accession to NATO is higher than ever, at 65 per cent. paper reports on Thursday. A similar survey conducted by the magazine in early April showed that 59 percent of respondents are in favor of joining a military alliance. The survey further showed that […]
According to the EU standard, with relatively modest inflation, Finland is no longer so expensive
When the single currency, the euro, was introduced more than 20 years ago, the purchasing power of the Finnish people was the weakest in the EU, along with Spain, Portugal and Greece. Since then, relative purchasing power has improved as prices have risen less here than elsewhere, economists say. Since the turn of the millennium, […]
Thursday’s newspapers: NATO report, women’s voluntary military service and the prime minister’s leather jacket
The newspapers were dominated by news of a government report submitted to Parliament on Wednesday, which describes changes in Finland’s foreign and security policy as a result of Russia’s attack on Ukraine. The report outlines the advantages and disadvantages of Finland’s accession to NATO and has been the starting point for an official discussion on […]
No longer neutral War in Ukraine tests Finland’s attitude towards Russia
Finland has traditionally taken a cautious line of neutrality to avoid confrontation with its Russian neighbor. But the war in Ukraine is changing public attitudes, and joining NATO is becoming an increasingly realistic option. Twenty years ago, join NATO would have been unthinkable in Finland. But a historic shift in public opinion is now taking […]
European consumer prices are rising at the highest rate ever
Inflation rose to 5.9% in February from just 0.9% last year Consumer price inflation in Europe in February accelerated by 5.9% compared to last year’s 0.9% per year, marking the fastest annual jump ever, Eurostat’s statistical office said on Thursday. The indicator rose sharply from 5.1% in January. Prices rose most in Lithuania (14.0%), Estonia […]
Denmark among the worst in the EU for occupational injuries
Denmark has a poor record for occupational injuries, shows an analysis of 2019 Eurostat data for 30 European countries conducted by Claims.co.uk. The survey revealed that there are 1,802 injured for every 100,000 people working in Denmark, which ranks it as the seventh worst country in Central and Western Europe. An injury is classified as […]
Denmark the safest country in the world – survey
Denmark is the ‘safest country in the world’ to live in and move to, a new study shows. The study, from expat insurance provider William Russelllooked at factors including health care, infrastructure, personal security, digital security and environmental security. Low crime and high health care costs Denmark reached the top position with its low crime […]
Finland's Trade deficit was notably larger in 2021 than the year before
Presented quarterly, the change in the value of exports and imports took only a slight upward turn in the first quarter of 2021 following the decline in the previous year. Exports increased by 4.4 per cent and imports by 1.8 per cent. In the second quarter, exports rose already by 25.7 per cent, followed by […]
EU, euro area GDP continues to grow despite Omicron: Eurostat
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The effects of anti-Russian sanctions on British consumers were revealed by the media
Measures taken against Russia could cause energy prices to skyrocket as supply is limited The threat of energy sanctions against Russia, which could be imposed in the event of an invasion of Ukraine, could lead to Britain facing record gas and petrol prices, British ministers have been warned, The Times reported. According to the British […]
Highest mortality rate in the EU: 88% more deaths in November in Bulgaria
The number of deaths in Bulgaria in November is almost twice as high as before the pandemic. This was announced by the European Statistical Office Eurostat on Friday. Eurostat published data on excess mortality, according to which it was the highest in Bulgaria out of 30 countries in Europe from which data were collected. Excess […]
EU excess mortality increased by 26.5 percent in November 2021: Eurostat
BRUSSELS, January 14 (Xinhua) – Excess mortality in the European Union (EU) reached 26.5 percent in November 2021, Eurostat, the EU’s statistical office, reported on Friday. The excess mortality is calculated by comparing the total number of deaths with a baseline for the average from 2016 to 2019. In 2021, excess mortality peaked in the […]
Bulgaria in Europe: Why do Bulgarians not use internet banking?
If you use mobile banking If that is the case, congratulations – you are a minority. Only 1 in 8 Bulgarians has such a service on their phone or computer. And if you use the Internet – which would make sense if you read this article – you do so from one of the worst […]
Bulgarians – most mentally stable in the EU
Bulgaria and Romania are at the bottom of the European Statistical Office’s rankings of EU citizens suffering from chronic depression. The proportion of citizens in EU countries suffering from chronic depression in 2019 is 7.2%, according to Eurostat. According to researchers, this proportion has increased by 0.3% compared to 2014. The largest proportion of those […]
Unemployment in Denmark is lower than before the pandemic
COPENHAGEN, 3 September (Xinhua) – Denmark experienced “an extremely large reduction in unemployment compared to the rest of Europe”, says a report released on Friday by Danish Industry (DI). Although the past year has been marked by global economic uncertainties due to the coronavirus pandemic, Denmark is one of only four countries in the European […]
Monday’s newspapers: Anti-immigrant rhetoric dismantled, paid for change and end of summer
The crisis in Afghanistan is destroying the coal of populist and nationalist movements, including in Finland, where the leader of the Finnish party Riikka Purra recently called for the abolition of the Finnish refugee quota. "Afghanistan has sparked a debate on migration. Politicians cause bad blood by talking about “harmful immigration” and “lifestyle surfing”," Aki […]
Finland had the eighth highest consumer price in Europe in 2020
Study coordinated by Eurostat looked at the prices of consumer goods and services in a total of 37 countries in Europe. Prices were highest in Switzerland and lowest in Turkey. Within the EU, the highest prices were found in Denmark and the lowest in Romania. Prices in Finland were relatively highest in the categories of […]
Prices in Finland are 8th highest, but lowest in the Nordic countries
According to data published by Statistics Finland, the prices of products purchased by consumers in Finland last year were the eighth highest in 37 European countries. Average prices in Finland exceeded the EU average by 26 per cent. However, the agency stated that compared to its Nordic neighbors, prices were lowest in Finland, with Denmark, […]
Eurostat: EU excess mortality rate in Bulgaria
Bulgaria had the highest excess mortality rate in the European Union in April 2021, 76 percent compared to an EU average of 20.9 percent, according to figures released on June 16 by the bloc’s statistics agency Eurostat. Excessive mortality refers to the number of deaths of all causes measured during a crisis, above what can […]
Eurostat: Bulgaria’s third child mortality rate in the EU
Bulgaria had the third highest infant mortality rate in the European Union in 2019, according to figures published on June 4 by the EU statistical office Eurostat. Infant mortality is defined as the ratio between the number of deaths in children in one year and the number of live births in the following year. the […]
Denmark is number one for internet use among the elderly in the EU
In some parts of the world, the digital divide is a real problem in society, causing many older people to be cut off from opportunities due to their lack of access to and know-how regarding the internet. But this is not the case in Denmark and the other Nordic countries, where the elderly have pushed […]
Inflation is 2.1 per cent in April
According to data released by Statistics Finland on Friday, consumer prices rose by 2.1 per cent in April compared with April 2020. Inflation rose from 1.3 per cent in March. The decline in inflation in April was largely due to the sharp fall in fuel prices that took place in the spring of 2020 following […]
Kristian Åström: Now it can turn upwards again
The third corona wave lowered the European economy in the first quarter of this year, according to statistics from the EU’s statistical authority Eurostat. But it is a mild decline compared to the sharp falls last year during the first wave of infection. If the pattern is repeated from last year, a sharp upswing is […]
Fitch maintains Finland’s credit rating, the outlook is stable
In its latest regular analysis of Finland, Fitch confirmed Finland’s credit rating of AA +, which is the second best rating, on Friday. According to the agency, the rating reflects the country’s long record of decision-making. It also noted that Finland’s low dependence on tourism had helped it avoid a deeper recession during the pandemic. […]
Older citizens account for 14.4% of Icelandic population
The proportion of elderly Icelanders to the rest of Iceland is one of the lowest compared to most other European countries. In a new ranking published by Eurostat, we find information that citizens aged 65 and over accounted for 14.4% of all inhabitants of Iceland and Ireland. The data comes from the beginning of last […]
From Iceland – Gender divisions in the economy are still strong
Almost twice as many women in Iceland work in fields that require education or expertise than men, Fréttablaðið reports. This is almost 67% of women in the labor market, compared to 39% of men. This was stated in a new report from Eurostat, the EU’s statistical institute. The proportions are much lower in the continent […]
Inflation is accelerating after the Covid crisis subsided
Inflation has started to pick up after remaining low for a long time until 2020. According to Eurostat, annual inflation in Finland rose to 0.2% in January from 0.2% in December. A smaller increase was observed in the euro area as a whole, with average inflation standing at 0.9% in January. Inflation is the rate […]
Bulgaria is ranked 8th in the EU in electricity generated by the NPP
Nuclear power plants in the EU produced about 26% of total electricity production in the Union in 2019, according to data from the specialized Eurostat survey. Thirteen Member States, including Bulgaria, operated a total of 106 reactors, generating 765,337 GW / h of electricity. The largest producer of nuclear energy in the EU is France […]
Value of exports of goods Customs duties: Finland’s trade deficit is clearly higher than in the previous year
Measured by quarters, exports fell most sharply in the second quarter of 2020. The decrease was 21.6 percent. Exports decreased by 12.3 per cent in the first quarter and by 11.0 per cent in the third quarter. During the last quarter, exports fell 2.5 percent. In the first quarter, imports fell 2.5 percent. In the […]
Final disposal of nuclear fuel, GDP growth and women’s football: Finland in the world press
Spent fuel from all nuclear reactors in the country (fuel irradiated in a nuclear reactor) is stored as a disposal facility for thousands of years. The surprising development of Finland’s gross domestic product also attracted the attention of international news points this week. According to Statistics Finland, the country’s GDP grew by 3.3 percent in […]
Black alcohol killed nearly 70 people in a short time
In Turkey, nearly 70 people have died from alcohol poisoning in the past two weeks after drinking illegally produced alcohol. 27 deaths in Izmir province on the Mediterranean, ten dead in Istanbul, seven in Kirikkale, six dead in Mersin and so on, the list of people who have fallen victim to poorly manufactured black alcohol […]
Bulgaria – The second best of alcohol in the EU
Bulgaria is the country with the cheapest alcohol in the EU. Only in Romania is the average price of alcoholic beverages lower than in Bulgaria, according to Eurostat data for 2019. Prices in Bulgaria are 79% of the European average (or about a fifth lower) and in the northern neighbors – 76%. In third place […]
