profit fell by -67% from 20.6 million Pounds in H2 2008 to 6.8 million Pounds in H2 2009. In Germany, which represents 49% of this division's net fees and the majority of the division's profits, net fees
) member states, according to the latest 'Eurozone Economic Outlook' published jointly by three economic institutes (ifo of Germany, Insee of France and Istat of Italy).
The positive impulse from external
, in September 2011, the unemployment rate was 9.1% in the USA. In August 2011, it was 4.3% in Japan.
The Euro area (EA17) consists of Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg
, with expectations of growth dropping to the lowest since March 2009.
Germany saw another very modest expansion of output, though this represents a marked contrast to the strong growth seen in the first half
, half the average for the EU27. They included eight regions in the Netherlands, eight out of nine regions in Austria, seven in Germany, three in Italy, two in Belgium, and one each in the Czech Republic
-ended contracts providing pay between assignments. Social dialogue is key to creating tailor-made solutions. Having been put into practice by The Netherlands, Germany, the Nordic countries and Austria, social
and Malta (both 14.1%), and the lowest in Ireland (10.1%), Lithuania (10.7%) and Luxembourg (10.8%). For the age group 65 and over, the highest shares were found in Germany (20.7%), Italy (20.2%) and Greece