3nd Quarter 2012: EU27 GDP down by -0,4%.

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Presentation transcript:

3nd Quarter 2012: EU27 GDP down by -0,4%

Sept 2012: EU27 Industrial production down by -2,7 % yet: austerity measures weaken more and more consumer and capital goods demand therefore: Stagnation since End of 2011

2nd Quarter 2012 EU27 Total employment is falling again, Industrial employment down by -0,8 % Heavy slump in South Europe

Industrial Employment heavily under pressure All countries of Europe are in the red!

De-industrialisation in Europe Industrial Employment falls down by nearly 10 % or 3,8 Millions.

Sept 2012 EU27 Nearly 25 million men and women were unemployed, 2,2 million more than in Sept 2011.

Sept 2012 Youth unemployment in EU27 is increasing: More than 5,5 million people under 25 years were unemployed, 160.000 more than in Sept 2011.