The 20 countries using the euro were officially in recession over the winter, latest statistics show. Revised data from the European statistics office, Eurostat, showed the eurozone economy contracted ...
Eurostat is accused of using a double accounting system and siphoning off large amounts of money into secret bank accounts outside the scrutiny of auditors. Investigators discovered that the value of ...
Euro zone households increase savings further, putting brakes on growth Euro zone households increased their savings further in the second quarter, confounding expectations that historically high ...
Yves Franchet, director-general of Eurostat since 1987, and senior official Daniel Byk, had requested the move. Both deny any wrongdoing. Their transfer was approved by commissioners yesterday (21 May ...