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Eurostat
Eurostat ('European Statistical Office'; DG ESTAT) is a Directorate-General of the European Commission located in the Kirchberg, Luxembourg, Kirchberg quarter of Luxembourg City, Luxembourg. Eurostat's main responsibilities are to provide statistical information to the institutions of the European Union (EU) and to promote the harmonisation of statistical methods across its Member state of the European Union, member states and Enlargement of the European Union, candidates for accession as well as European Free Trade Association, EFTA countries. The organisations in the different countries that cooperate with Eurostat are summarised under the concept of the European Statistical System. Organisation Eurostat operates pursuant tRegulation (EC) No 223/2009 Since the swearing in of the von der Leyen Commission in December 2019, Eurostat is allocated to the portfolio of the European Commissioner for Economic and Financial Affairs, Taxation and Customs, European Commissioner for the Eco ...
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Greek Government-debt Crisis
Greece faced a sovereign debt crisis in the aftermath of the financial crisis of 2007–2008. Widely known in the country as The Crisis ( Greek: Η Κρίση), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a small-scale humanitarian crisis. In all, the Greek economy suffered the longest recession of any advanced mixed economy to date. As a result, the Greek political system has been upended, social exclusion increased, and hundreds of thousands of well-educated Greeks have left the country. The Greek crisis started in late 2009, triggered by the turmoil of the world-wide Great Recession, structural weaknesses in the Greek economy, and lack of monetary policy flexibility as a member of the Eurozone. The crisis included revelations that previous data on government debt levels and deficits had been underreported by the Greek government: the official forecast for the 2009 budg ...
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Mariana Kotzeva
Mariana Mihaylova Kotzeva ( bg, Мариана Михайлова Коцева, born 12 March 1967) is a Bulgarian statistician and econometrician. Since the beginning of 2017 she has been the acting director-general of Eurostat, the directorate-general of the European Commission responsible for providing statistical information to the institutions of the European Union and for harmonizing statistical methods across the Union. She is also the former president of the National Statistical Institute of Bulgaria. Early life and education Kotzeva was born in Byala, Ruse Province. She earned a master's degree in economics in 1985 (specializing in economic statistics) from the University of National and World Economy in Sofia, Bulgaria. She earned a second master's degree in economics in 1993, from the Central European University in Prague under its charter from the University of the State of New York. In 1995 she completed a Ph.D. in economics, specializing in statistics and demography, ...
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Eurostat Scandal
In 2000, internal auditors raised concerns about fictitious Eurostat's contracts with outside companies and referred the matter to the European Anti-Fraud Office, OLAF. OLAF did not react. In 2001, Paul van Buitenen, whose earlier report had indirectly led to the resignation of the previous Santer Commission, produced a second report, but this at first led to no action, until Hans-Martin Tillack and the press started to take interest in the matter. Questions were asked in the European Parliament, OLAF produced a new report entitled "A vast enterprise for looting community funds" as it was reported by Financial Times on May 16, 2003. Finally the Prodi Commission acted. Three senior Eurostat officials were removed from their posts and a number of contracts with outside companies were cancelled. It was alleged that, at least during the 1990s, Eurostat used a double accounting system to transfer large amounts of money to secret bank accounts not monitored by auditors and that the v ...
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Labour Force Survey
Labour Force Surveys are statistical surveys conducted in a number of countries designed to capture data about the labour market. All European Union member states are required to conduct a Labour Force Survey annually. Labour Force Surveys are also carried out in some non-EU countries. They are used to calculate the International Labour Organization (ILO)-defined unemployment rate. The ILO agrees the definitions and concepts employed in Labour Force Surveys. History European Union Prior to 1998, EU member states were required to conduct an LFS in one quarter per year, but as a result of Council Regulation (EEC) No. 577/98 of 9 March 1998 they are now expected to submit LFS results for every quarter to Eurostat. Most, though not all, participating countries changed their LFSs to continuous surveys in the period 1998 to 2004. Responsibility for Sample (statistics), sample selection, questionnaire design and fieldwork lies with member states' national statistical offices, who then fo ...
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HICP
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted the euro. The primary goal of the ECB is to maintain price stability, defined as keeping the year on year increase HICP below but close to 2% for the medium term. In order to do that, the ECB can control the short-term interest rate through Eonia, the European overnight index average, which affects market expectations. The HICP is also used to assess the convergence criteria on inflation which countries must fulfill in order to adopt the euro. In the United Kingdom, the HICP is called the CPI and is used to set the inflation target of the Bank of England. Comparison with the United States The HICP differs from the US CPI in two primary aspe ...
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Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French and German neighbors; while Luxembourgish is legally the only national language of the Luxembourgish people, French and German are also used in administrative and judicial matters and all three are considered administrative languages of the cou ...
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Kirchberg District Centre
The Kirchberg District Centre (german: Stadtteilzentrum Kirchberg) is a mixed-use building complex in northeastern Kirchberg, Luxembourg City, Luxembourg containing both an office complex and shopping mall, with their principal tenants respectively being the European Commission's statistical office, Eurostat, and an Auchan hypermarket. Those parts of the building dedicated to office use are collectively referred to as the "Joseph Bech building", after European Union (EU) pioneer and former Luxembourg prime minister, Joseph Bech. The complex's shopping gallery is referred to as the "Kirchberg Shopping Centre". History Construction Construction work on the Kirchberg District Centre began in October 1993, with those parts of the building related to the shopping mall completed in 1996, and the offices completed in September 1998. The total cost of the project was approximately 300 million euros. The project's chief architect was Martin Lammar of local architectural firm Atelier A ...
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Von Der Leyen Commission
The von der Leyen Commission is the current European Commission, in office since 1 December 2019 and is to last until the 2024 elections. It has Ursula von der Leyen as its president and it further consists of one commissioner from each of the member states of the European Union (other than the President’s state, Germany). The Commission was scheduled to take office on 1 November 2019; however, the French, Hungarian and Romanian commissioner-candidates lost their confirmation votes by the European Parliament in early October 2019, so new commissioners had to be selected from those three member states by the President-elect and subsequently confirmed by the Parliament. This process took place in November 2019 and the Commission eventually took office in its entirety on 1 December 2019. Election and formation Von der Leyen, a member of the European People's Party (EPP), was selected and proposed to the European Parliament by the European Council on 3 July 2019 following three ...
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National Statistical Institute Of Bulgaria
The National Statistical Institute or NSI ( bg, Национален статистически институт or НСИ) is the Bulgarian state agency responsible for the collection and dissemination of statistical data on the population, economy and environment of the country. It reports directly to the Prime Minister of the country. The National Statistical Institute was established in 1880 as a Department of the Ministry of Finance. It carried out the first census of the population in 1881. In 1894, the Department becomes part of the Ministry of Trade and Agriculture. In 1910, the agency published its first annual statistical report, "Statistical Yearbook of the Kingdom of Bulgaria". Historical Review 1880 A Statistical Division was established at the Ministry of Justice (21 January 1880 ) 1880 A Statistical Organizational Division was formed at the Ministry of Finance (June 25, 1880) 1880 The beginning of the Population censuses in Principality of Bulgaria was est ...
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Directorate-General
Within the European Union, Directorates-General are departments with specific zones of responsibility, the equivalent of ministries at a national level. Most are headed by a European Commissioner, responsible for the general direction of the Directorate-General, and in charge of (i.e. politically responsible for) the corresponding policy area; and a Director-General, responsible for the management of day-to-day affairs, who reports to the European Commissioner. * The Secretariat of the European Parliament: Parliament Directorates-General. * The General Secretariat of the Council of the European Union: Council Directorates-general. The European Patent Office (part of the European Patent Organisation, separate from the EU) also has Directorates-General, which are administrative groupings of departments. Directorates-General of the European Commission The Directorates-General of the European Commission are divided into four groups: Policy DGs, External relations DGs, General Ser ...
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Joint Organisations Data Initiative
The Joint Organisations Data Initiative (JODI) is an international collaboration to improve the availability and reliability of data on petroleum and natural gas. First named the "Joint Oil Data Exercise", the collaboration was launched in April 2001 with six international organisations: Asia-Pacific Economic Cooperation (APEC), Statistical Office of the European Communities ( Eurostat), International Energy Agency (IEA), (OLADE), Organization of the Petroleum Exporting Countries ( OPEC), and United Nations Statistics Division (UNSD). In 2005, the effort was renamed JODI, joined by the International Energy Forum (IEF), and covered more than 90% of the global oil market. The Gas Exporting Countries Forum The Gas Exporting Countries Forum (GECF) is an intergovernmental organization currently comprising 19 Member Countries of the world's leading natural gas producers: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Rus ... (GECF) joined as an eighth ...
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European System Of Accounts
The European System of Accounts (ESA) is the system of national accounts and regional accounts used by members of the European Union. It was most recently updated in 2010 (ESA 2010). The ESA 95 is fully consistent with the United Nations System of National Accounts (1993 SNA) in definitions, accounting rules and classifications. However, it incorporates certain differences, particularly in its presentation, that are more in line with use within the European Union. The ESA 95 underwent revisionto meet the requirements of the update of the SNA 1993 launched in 2003 under the auspices of the United Nations. See also * Balance of payments *Capital account *Gross national income in the European Union *Gross output *Net output *Value added In business, total value added is calculated by tabulating the unit value added (measured by summing unit profit sale price and production cost">Price.html" ;"title="he difference between Price">sale price and production cost], unit depreciation ... ...
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