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23
Oct
2015

The Euro Area economic upturn regained some momentum at the start of the fourth quarter. The Markit Eurozone PMI (purchasing managers' index) rose from September's four month low of 53.6 to reach 54.0 in October, according to the flash estimate.

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23
Oct
2015

Mario Draghi, ECB president, Thursday signalled following a meeting of the central bank's governing council in Valletta, Malta, that the bank is ready to refuel its quantitative easing (QE) rocket with a ramp-up in bond purchases and a cut to the already negative deposit rate for single currency area banks, to counter very low inflation and a tepid recovery.

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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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