Greece jobless rate slightly declines in December

Source: RTT News

Unemployment of Greece declined in the month of December after recording its highest level the month before, a report released by the Hellenic Statistical Authority showed on Thursday. The unemployment rate went down from November's 26.6% to a seasonally adjusted 26.4% in the following month, while in December 2011 the jobless rate recorded 21.4%.


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Thu, 07 Mar 2013 14:57:04 GMT

Irish factory production drops 3.1% in January

Factory production in Ireland went down in January following a modest improvement in December, the Central Statistics Office reported on Thursday. Year-on-year, manufacturing output at Irish factories dropped 3.1% reversing a 0.6% increase recorded the month before, while on a monthly basis, the production of factories decreased 1.9% in January following a 7.2% gain in December.

Thu, 07 Mar 2013 15:51:05 GMT

Swiss central bank spends $199 billion in 2012 on foreign currencies

The Swiss National Bank (SNB) spent nearly a third of the country's gross domestic product, 188 billion francs ($199 billion), in 2012 in order to enforce the currency cap to protect the economy, the bank showed in its Accountability Report on Thursday. The Swiss central bank's decision to maintain the floor of 1.20 francs per euro has helped the country

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