Economy

EU personal transfers reach record outflows in 2023

EU personal transfers reach record outflows in 2023

In 2023, personal transfers outflows from the EU (money sent by EU resident households to non-resident households) reached a record level of €50.9 billion, an 8% increase compared with 2022 (€47.0 billion). The largest share of these ...

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Contingent liabilities and non-performing loans in 2023

Contingent liabilities and non-performing loans in 2023

The most common form of contingent liabilities in the EU countries is government guarantees on liabilities, and occasionally on assets of third parties. In 2020 and 2021, government guarantees, provided in the EU, increased ...

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House prices and rents went up in Q3 2024

House prices and rents went up in Q3 2024

In the third quarter of 2024, house prices in the EU went up by 3.8%, while rents increased by 3.2% compared with the third quarter of 2023. Compared with the second quarter of 2024, house prices increased by 1.4% and rents by 0.9%. ...

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Nights booked via online platforms up 18% in Q3 2024

Nights booked via online platforms up 18% in Q3 2024

During the third quarter of 2024, guests spent 366.2 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or Tripadvisor. This corresponds to an increase of 18% compared with the same ...

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Household material welfare varies widely in the EU

Household material welfare varies widely in the EU

In 2023, the levels of actual individual consumption (AIC) across EU countries varied between 70% and 136% of the EU average. This information comes from data on purchasing power parities (PPP) published by Eurostat today. The article ...

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Employment rate up, labour market slack down in Q3 2024

Employment rate up, labour market slack down in Q3 2024

In the third quarter of 2024, the employment rate of people aged 20-64 in the EU stood at 75.9%, an increase of 0.1 percentage points (pp) compared with the second quarter of 2024. Labour market slack - encompassing those with unmet ...

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