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July 2014: Business and Consumer surveys
In July the Economic Sentiment Indicator (ESI) remained broadly stable in the euro area (+0.1 points at 102.2), while it decreased slightly in the EU (by 0.6 points to 105.8). The Business Climate Indicator (BCI) for the euro area decreased marginally by 0.04 points to +0.17.











Adoption of agreed EU sanctions over Russia's role in Eastern Ukraine
The Council has adopted further EU restrictive measures targeting sectoral cooperation and exchanges with the Russian Federation.











European Central Bank keeps interest rates unchanged
The Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.15%, 0.40% and -0.10% respectively.











Customs authorities detain nearly 36 million fake goods at EU borders in 2013
Customs authorities in the EU detained almost 36 million items suspected of violating intellectual property rights (IPR) in 2013, according to the Commission's annual report on customs actions to enforce IPR.














 
growing economic crisis threatens idea one europe and more...
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