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Central bank discount rate: 5% note: This is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks from the Eurosystem (31 December 2007) Commercial bank prime lending rate: 8.03% (31 December 2007) Stock of money: $5.742 trillion note: this is the quantity of money, M1, for the Euro Area, converted into US dollars at the exchange rate for the date indicated; it excludes the stock of money carried by non-Eurozone members of the European Union Stock of quasi money: $10.93 trillion note: this is the quantity of quasi money, M2, for the Euro Area, converted into US dollars at the exchange rate for the date indicated; it excludes the stock of quasi money carried by non-Eurozone members of the European Union Stock of domestic credit: $20.94 trillion note: this figure refers to the Euro area only; it excludes credit data for members of the EU outside the Eurozone (31 December 2007) Agriculture - products: wheat, barley, oilseeds, sugar beets, wine, grapes; dairy products, cattle, sheep, pigs, poultry; fish Industries: among the world's largest and most technologically advanced, the European Union industrial base includes: ferrous and non-ferrous metal production and processing, metal products, petroleum, coal, cement, chemicals, pharmaceuticals, aerospace, rail transportation equipment, passenger and commercial vehicles, construction equipment, industrial equipment, shipbuilding, electrical power equipment, machine tools and automated manufacturing systems, electronics and telecommunications equipment, fishing, food and beverage processing, furniture, paper, textiles, tourism Industrial production growth rate: 3.2% (2006 est.) Electricity - production: 3.056 trillion kWh (2007 est.) Electricity - consumption: 2.858 trillion kWh (2007 est.) Electricity - exports: NA kWh Electricity - imports: NA kWh Oil - production: 2.674 million bbl/day (2007) Oil - consumption: 14.39 million bbl/day (2007) Oil - exports: 6.979 million bbl/day (2001) Oil - imports: 17.71 million bbl/day (2001) Oil - proved reserves: 6.144 billion bbl (1 January 2008) Natural gas - production: 197.8 billion cu m (2007 est.) Natural gas - consumption: 500.1 billion cu m (2007 est.) Natural gas - exports: 76.48 billion cu m (2005 est.) Natural gas - imports: 361.2
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