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1After the speed on the EU economy can go farConstantly updated transcripts have clearly and unequivocally shows that the EU economy in 2006, rising from the long-term weakness into a cycle of turning point, but also to long-term whole body around in a variety of bad-mouthing his speech aphasia hide, however, because many of the normal and non- normal disturbances, the EU economy trying to keep todays state of excitement seems to be more hard work should pay. Farewell to the sick man of Europe For the past five years, economic and ecological, believe that the Europeans do not want any memories: low growth, high unemployment and the deficit exceeded its powers, etc. growing sector in the EU is so weak and looked pale, but weight The EU economy has not been difficult for the body down in after a hard struggle, finally ushered in the season recovering from illness. 2According to a report released by Eurostat, in 2006, the EUs economic growth reached 2.8%, 1.7% higher than in 2005, the euro zones economic growth reached 2.6%, 1.4% higher than last year, which Not only is the EU and the euro area up to six years of annual growth, it is also catching seven years the United States, Japan, the first recorded annual growth rate. Less than before, such an optimistic outcome, of course United States and Japan to be ridiculed as the sick man of Europe country in Europe it really vent. In fact, Europeans are not happy just GDP. Data indicate that the 2006 inflation in the EU there has been no significant changes in core inflation index has been the ECBs 2% target under the economically sensitive index Over the past year increased by 0.6 percentage points; annual retail sales rose 3.0%. EU countries are serious unemployment problem in Europe is widely criticized by the people and international public opinion topic. Fortunately, with the economic power of the uplink, fast growing trend in 3unemployment has now been started to improve significantly suppress or European Bureau of Statistics shows that as of the end of 2006, the euro area unemployment rate dropped to 7.7%, the EU unemployment rate dropped to 7.8%, respectively, and if their 18 months ago compared to 10% and 9%, which is a great changes, especially worth noting that from 2007 to 2008, the EU will have 6 million jobs, the pace of growth is almost equal to twice the previous three years. The euro area economy as the two giants of Germany and France on the map in the regional economy is particularly bright, and once again demonstrated its strong economic expansion energy data show that in 2006, Germanys economic growth rate from the previous year 0.9% to 2.4% by this encouragement came less than a years Iron Lady Angela Merkel declared excitedly: This means that Germany is no longer the sick man of Europe (sick man of Europe, Germany has been through. The French economy over the past year has created a 2.0% increase in performance, as since 2000 the strongest year of economic growth. 4Of particular note is that, in addition to Germany, France and other EU old member states of the economy has been significantly restored, many new members have begun to force, especially in Eastern and Central European countries, the economic vitality of relatively large, although the new members of the uneven, but the overall performance is still quite prominent, which is to promote economic growth in the EU has played a certain role. The surge in real economic growth data for the European Commission to strengthen its optimistic economic outlook for the future to determine. The European Commission released a report that, in 2007 and 2008 economic growth in the euro area were 2.1% and 2.2%, EU The economic growth rate is slightly higher than the euro area, 2.4%. Forces to become the new engine With a completely different, the EU economy to the positive trend is basically the result of internal factors. An observation data, in 2006, the original EU 25 countries in 5foreign trade has been sluggish state, or even a hundred billion euros in trade deficit, but even in such conditions, the EU can still achieve economic emancipation. Investment and consumption within the EU to promote its economic strength rose to become the dominant factor because of the investment after several years of pause, a large number of companies need to re-new equipment, so in the past year, many EU member states of the business equipment spending rose more than 2% of EU enterprises overall investment result increased by 0.3%, while according to European Commission statistics, the euro area last years investment growth rate of 4.4%, far exceeding the 2.9% in 2005. Echoes and investment growth, along with raising the level of employment, the stock market and the wealth effect of rising house prices, personal consumption patterns EU countries has also been an unprecedented improvement information provided by the European Commission show that in 2006 the euro 6area Person
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