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2023/09/05 / Ceska Sporitelna Research

EU News Monthly September 2023

The European Commission has adopted European standards for sustainability reporting. The standards follow the European Corporate Social Responsibility Directive. They include key ESG information and 10 thematic areas including climate change, pollution and own workforce.

In the second quarter of 2023, seasonally adjusted GDP increased by 0.3% in the euro area and was stable in the EU. In the first quarter of 2023, GDP had remained stable in the euro area and had increased by 0.2% in the EU. Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 0.6% in the euro area and by 0.5% in the EU in the second quarter of 2023.

In July 2023, the EU car market continued its growth trajectory, expanding by 15.2% – the twelfth consecutive month of growth. New car registrations reached 851,156 units as the bloc recovers from last year’s component shortages.

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General information

AuthorCeska Sporitelna Research
Date2023/09/05
Languageen
Product nameEU News Monthly
Topic in focusFX, Macro/ Fixed income
Economy in focusCzech Republic
Currency in focusCzech Koruna
Sector in focus-
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