UK's PM notices signs of the economic recovery

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

UK's PM David Cameron spoke at the Confederation of British Industry conference about the impact of the Eurozone economic difficulties on the UK's economy. However, he claimed that there are promising signs in the UK economy like higher retail sales, increase in the exports and rise of the number of loans taken by small and medium companies.

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Mon, 21 Nov 2011 14:16:35 GMT

Stocks in Europe decrease after elections in Spain

Stock markets in Spain decreased despite the center-right Popular Party winning the elections. Shares in Madrid declined by 2%. Stock markets in Europe also fell following the growing concerns about debt crisis. The main German and French indexes decreased by 2.5%, the UK's shares were also lower.

Mon, 21 Nov 2011 13:58:13 GMT

Germany's DAX falls on concerns about debt crisis and US budget vote

On Friday Germany's DAX closed at 5,653.42 experiencing a 146.82 or 2.53% drop compared to Thursday. During last week index lost total of 4%. On Monday trading session the index is extending its losses and at the moment of writing trades down at 5,651.40. Index is mainly hurt by Commerzbank AG's decline of 5% and Deutsche Bank AG's slip of 4.5% as Moody's reported

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