Thu, 05 Jul 2012 12:03:39 GMT
Demand for German goods rises
Orders for German factories
unexpectedly rose in May. Demand mainly came from Europe and an
increase was equal to 0.6% compared to April indicators. Investment goods
sales rose by 0.2%, whereas orders from EU jumped by 11%. Experts attributed an increase to active
exporting and record low unemployment rate in Germany. Meanwhile the ECB may cut interests rates on
Thursday 04.07.2012 to stimulate lending and