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Flash estimation of the quarterly Gross Domestic Product for the euro-zone and the European Union
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The increasing importance of the euro-zone as economic entity, the introduction of the euro, the establishment of the single market have contributed in the recent years to increasing the attention devoted to European statistics. In particular, economic and monetary policies are nowadays more co-ordinated and centrally designed in the European context and require more and more reliable and timely European statistics for an effective analysis of the economic behaviour. The European Statistical System has evolved in a direction that gives concrete answers to these new statistical requirements. As recently underlined by a Communication of the Commission to the European Parliament and the Council on Euro-zone Statistics1 "… official statistics of a high quality are essential for the conduct of monetary policy and the co-ordination of economic, in particular fiscal, policies. A sufficiently detailed and comprehensive set of timely and reliable monthly and quarterly statistics for the EU and the euro-zone is indispensable …".
Eurostat methodology - Organizational Body
92-894-5417-2
NONE
Management
English
2003
1-20
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