Finance

October brings the better than expected employment report

Unemployment in the euro area fell unexpectedly in October. According to the European statistical office Eurostat, unemployment reached 8.4 percent compared with an adjusted 8.5% in September. This percentage corresponded to what economists in general had expected, although it was still expected to increase. In fact, [...]

Frank Elderson may join ECB board

DNB director Frank Elderson may join the Executive Board of the European Central Bank (ECB). The European Parliament agreed to it on Tuesday. For the first time since Wim Duisenberg resigned as the first president of the ECB in 2003, another Dutchman enters the executive [...]
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