European Commission President made a strong appeal to Eurosceptics, including those to the British government using this crisis as a reason for separation from the EU, says "Observer". Jose Manuel Barroso urged Britain to pursue European integration.
Writing to the "Observer", Barroso made a rare intervention in British political debate, warning that he needed all member states to unite and make progress together. Barroso warned that "actions have consequences" and said that peace and prosperity will be best achieved by Europeans through the support and trust in EU institutions rather than to compartmentalize the continent politically and economically.
"We are witnesses of fundamental changes in economic and geopolitical order, and Europe needs to move forward with this or take the risk of collapse" he said.
"Our goal is not to maintain the same status but to move to something new and better," said Barroso. "I hope that when historians look back at these unprecedented times, they will understand that we have stepped back from the the edge of the fragmentation," says Barroso.
British Prime Minister has repeatedly called on eurozone leaders to take urgent action to save the euro. He refused both his country to participate in the rescue fund of the single currency and London feared losing their influence in Europe and behind the possible formation of a "two-speed Europe", explains "Reuters".
Showing posts with label euro zone. Show all posts
Showing posts with label euro zone. Show all posts
Sunday, November 13, 2011
Friday, August 19, 2011
June couldn't revive Europe
Production in construction sector fell by 1.8% in the euro area and by 1.3% in the European Union in June compared to the previous month, according to seasonally adjusted data from Eurostat.
According to revised data for May production rose by 0.1% in the euro area and remained unchanged in the EU.
Compared to June 2010 construction in June this year decreased by 11.3% in the euro area and by 8.1% in the 27 EU member states.
On a monthly basis among the countries for which data are available for June, construction decreased in seven and increased in six. The largest decreases were registered in Slovenia (-11.9%), Hungary (-5.5%) and Germany (-4.5%) and the strongest increases - in the UK (3.8%) Slovakia (+2%) and Portugal (+1.7%).
Building construction decreased by 1% in the euro area and by 1.4% in the EU, while civil decreased by 2.7% and 0.8% respectively.
Yoy construction collapses in ten countries and increased in four. The largest falls were recorded in Spain (-43.7%), Slovenia (-35.9%), Hungary (-13.9%) and Romania, but most production is increased in Poland (16.2 %), Sweden (4.5%), Germany (2.6%) and Netherlands (2.3%).
Building construction decreased by 12.5% in the Eurozone and by 9.7% in the EU and civil decreased by 4.5% in the euro area but rose by 0.6% in the European Union as a whole.
About Bulgaria is reported monthly decrease of 0.5% and a decrease of 2.6% annually.
According to revised data for May production rose by 0.1% in the euro area and remained unchanged in the EU.
Compared to June 2010 construction in June this year decreased by 11.3% in the euro area and by 8.1% in the 27 EU member states.
On a monthly basis among the countries for which data are available for June, construction decreased in seven and increased in six. The largest decreases were registered in Slovenia (-11.9%), Hungary (-5.5%) and Germany (-4.5%) and the strongest increases - in the UK (3.8%) Slovakia (+2%) and Portugal (+1.7%).
Building construction decreased by 1% in the euro area and by 1.4% in the EU, while civil decreased by 2.7% and 0.8% respectively.
Yoy construction collapses in ten countries and increased in four. The largest falls were recorded in Spain (-43.7%), Slovenia (-35.9%), Hungary (-13.9%) and Romania, but most production is increased in Poland (16.2 %), Sweden (4.5%), Germany (2.6%) and Netherlands (2.3%).
Building construction decreased by 12.5% in the Eurozone and by 9.7% in the EU and civil decreased by 4.5% in the euro area but rose by 0.6% in the European Union as a whole.
About Bulgaria is reported monthly decrease of 0.5% and a decrease of 2.6% annually.
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