Unemployment in Greece falls

Note: This section contains information in English only.
Source: WBP Online
The unemployment rate in Greece declined in May, however, the long term outlook for unemployment in the highly indebted country remains bleak. In May, the unemployment rate fell to 25%, compared to 25.6% in April. Meanwhile, the youth unemployment rate remained above the 50% level. Meanwhile, the Greek government is in talks to strike a deal with its creditors for further bailout aid. 
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Thu, 06 Aug 2015 10:12:13 GMT

Sterling strengthens amid industrial data

The EUR/GBP pair fell, after the data was released about the UK's industrial sector. The data had limited effect on the cross, as traders await BoE's policy meeting and the report on inflation. The common currency fell 0.2% to 0.6973 against the Sterling by 9:45 AM GMT. Manufacturing production in Britain for June grew by 0.2% on month-over-month basis and

Thu, 06 Aug 2015 09:44:04 GMT

Manufacturing in UK improves, while total production declines

The manufacturing industry in the UK showed a slight improvement in June, with a growth of 0.2%, as increased output of metals and weapons helped to boost the sector. Nevertheless, the total industrial production dropped below estimates, following the biggest fall in gas and oil extraction in 17 months. The UK's total production declined by 0.4% against the anticipated rise

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