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22
Oct
2015

Staid Switzerland has had to deal with many challenges in recent times. The once cherished bank secrecy system is set to end; the attraction of the Swiss Franc as a safe haven has made the main cities the most expensive in the world, and after last Sunday an anti-immigrant party remains the biggest party in the federal parliament.

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20
Oct
2015

An analysis of 200 European cities shows that housing in Germany is too cheap rather than too expensive while comparisons of prosperity between countries as well as between regions within a country show that the higher the share of the urban population and/or the higher the population density of a region, the higher the level of prosperity.

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8
Oct
2015

Both German exports and imports fell in August while the trade surplus rose according to data issued Thursday by Destatis, the federal statistics office. The plunge in exports was the worst since 2009 and reflects the poor trading situation of emerging economies led by China.

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8
Oct
2015
7
Oct
2015
7
Oct
2015

Angela Merkel, German chancellor, and François Hollande, French president, will make a joint address to the European Parliament Wednesday on the refugee crisis.  "This is a historic visit for historically difficult times," said Martin Schulz, the German SPD a centre-left president of the parliament. "The EU is facing immense challenges and requires strong commitment from its leaders."

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5
Oct
2015

The Eurozone economy continued to make steady progress in September, as solid gains in output and new orders supported further job creation. However, the rate of growth eased to a four-month low. The rate of UK economic growth slowed to a 30-month low in September, according to PMI (purchasing managers' index) survey data

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5
Oct
2015

There is no doubt that the emissions cheating scandal, disclosed by the US Environmental Protection Agency (EPA) last month, is a huge blow to the reputation of the leading German car group and is also damaging to the 'Made in Germany' brand. However, short of fraud by the industry as a whole in Germany, it's unlikely to inflict long-term damage on the economy.

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1
Oct
2015

Euro Area annual inflation/ deflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate today from Eurostat, the statistics office of the European Union. Also today it was reported that the Euro Area (EA19) seasonally-adjusted unemployment rate was 11.0% in August 2015, stable compared to July 2015, and down from 11.5% in August 2014.

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1
Oct
2015

The Euro Area manufacturing sector continued to make steady progress at the end of the third quarter, as production and new business both expanded at modest rates. Cost pressures shifted to the downside, however, with input costs and selling prices falling during the month. Meanwhile, the UK manufacturing sector was subdued.

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