Money Buzz! Europa

Tag: european union

  • Europe: House prices up by 26.8%, rents up by 14.6% since 2010

    Europe: House prices up by 26.8%, rents up by 14.6% since 2010

    Over the period 2010 until the third quarter of 2020, rents increased by 14.6% and house prices by 26.8% in the European Union.

    When comparing the third quarter of 2020 with 2010, house prices increased more than rents in 16 EU Member States, Eurostat data shows.

    House prices increased in 23 Member States and decreased in four, with the highest rises in Estonia (+105.1%), Hungary (+92.2%), Luxembourg (+90.5%), Latvia (+83.6%) and Austria (+81.3%).

    Decreases were observed in Greece (-31.0%), Italy (-15.5%), Cyprus (-7.7%) and Spain (-4.5%).

    Different pattern for rents

    When comparing the third quarter of 2020 with 2010, rent prices increased in 25 EU Member States and decreased in two, with the highest rises in Estonia (+136.6%), Lithuania (+106.9%) and Ireland (+62.2%).

    Decreases were recorded in Greece (-25.2%) and Cyprus (-4.5%).

  • European Union to buy another 100 million doses of the Pfizer/BioNTech vaccine

    European Union to buy another 100 million doses of the Pfizer/BioNTech vaccine

    European Union new agreement with Pfizer and BioNTech could double coronavirus vaccine stocks, Bloomberg reports.

    According to Bloomberg sources, the new contract would include 100 million doses of the vaccine as well as an option for another 200 million doses.

    EU steps to secure new doses vaccine come a week after the European Commission decided to exercise its option to buy an additional 100 million doses of the coronavirus vaccine developed by Pfizer and BioNTech.

    The European Commission has already ordered 200 million doses of this vaccine.

    In total, the EU has signed agreements for 1.3 billion doses of vaccine with Pfizer / BioNTech, Moderna, Johnson & Johnson, AstraZeneca / Oxford, Sanofi / GSK and CureVac, with options to purchase another 660 million doses.

  • 42% of births in the European Union are outside marriage

    42% of births in the European Union are outside marriage

    Eurostat shows that the proportion of live births outside marriage in the EU stood at 42% in 2018. This is 17 percentage points above the value in 2000.

    It signals new patterns of family formation alongside the more traditional model where children were born within a marriage. Extramarital births occur in non-marital relationships, among cohabiting couples and to lone parents.

    In 2018, extramarital births outnumbered births inside marriages in eight EU Member States: France (60%), Bulgaria (59%), Slovenia (58%), Portugal (56%), Sweden (55%), Denmark and Estonia (both 54%) as well as the Netherlands (52%).

    Greece and Croatia were at the other end of the spectrum along with Lithuania and Poland as more than 70% of births in each of these Member States occurred within marriages.

    Extramarital births increased in almost every EU Member State in 2018 compared to 2000

    The exceptions are Estonia, Latvia and Sweden that remained relatively stable with less than 1 percentage point decrease.

    The Iberian countries, Portugal and Spain, were the two countries where births outside marriage rose the most between 2000 and 2018 (+33.7 and +29.6 percentage points respectively).