Energy costs drive inflation across Europe

Article Abstract:

Electricity and natural gas prices are rising across Europe and are expected to climb higher before the winter is over. Energy prices for customers in the UK will rise from 7.9% to 15%, while in the 13 continental nations that share the euro, prices have risen 9.2% to December 2007. This has put pressure on the European Central Bank, as it maintains interest rates at 4% despite inflation persisting at over 3%.

Product standards, safety, & recalls, Electric Utilities, Electric Power Generation, Transmission and Distribution, Commodity & service prices, Gas Utilities, Natural Gas Distribution, Interest Rates, Electric services, Utilities, Gas Production and Distribution, Electric & Gas Utilities, Standards, Economic aspects, Prices and rates, Inflation (Finance), Growth, European Union. European Central Bank, Company growth, Company pricing policy, Inflation (Economics)

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U.K.'s fast action over beef takes lesson from 2001

Article Abstract:

The U.K. government launched a ban on all red-meat exports from Britain following the detection of foot-and-mouth disease on a Surrey farm, which was followed by a ban by the European Union on imports of British meat and dairy products and live animals. The actions were prompted by an outbreak in 2001, which cost the industry $16 bil and forced the destruction of more than 4 mil animals.

United Kingdom, General services, Government domestic functions, Foreign trade, Meat Products, Safety and security measures, Meat industry, International trade, European Union, Agricultural policy, Foot-and-mouth disease, Foot and mouth disease

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Euro-zone output data soothe currency concerns

Article Abstract:

France, Germany, and Italy turned in strong industrial productivity data for August 2007, indicating that Europe is weathering the strong euro and higher interest rates. Productivity in France rose 0.3% despite a forecasted drop of 0.3%. Italy's output rose 1.3%, while Germany's rose 1.7%, both of which also surpassed forecasts.

Italy, Germany, France, Labor Distribution by Employer, Statistics, Industrial productivity, Euromarkets, Productivity, Statistical data

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