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This February, construction volumes in the euro area decreased by 0.5% compared to January, when the decline was 0.8%. In annual terms, construction volumes increased by 0.4%, according to the data of the Statistical Office of Eurostat. In 28 EU countries, the volume of construction fell in February by 0.8% compared to a decrease of 1.1% a month earlier. In annual terms, the indicator decreased by 0.1%. Compared with the previous month, the most significant decrease was registered in Bulgaria - by 14% and Slovenia - by 13.1%. The pace of construction rose most noticeably in Romania - by 4.7% and in France - by 2.7%.
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
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