ECB to stimulate economy despite growth

Source: Bloomberg
The European economy is recovering from the prolonged recession and is ready to show a pick up this week, as analysts are waiting for GDP data. However, the ECB is probably going to increase the pace of stimulus in June, pointing on very low inflation of 0.7%, less than a half of the ECB target. Among possible actions, economists see a decrease rates and straight liquidity injections.
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Mon, 12 May 2014 09:38:05 GMT

Irish construction sector expands further

Activity in the construction sector of Ireland reached the maximum level since 2004 in April of this year, as orders increase and companies hire new staff. The benchmark PMI Index for this particular sector from the Ulster Bank advanced to 63.5 points last month from 60.2 points in March. The indicator expands for the eight consecutive month, having a reading

Mon, 12 May 2014 07:52:07 GMT

Investors see high deflation risks in Europe

The vast majority of investors, who participated in the poll of Bloomberg news agency, agree that the Eurozone faces serious risks of deflation in the medium-term. This point of view was supported by 74% of respondents. It is worth pointing out that some countries, such as Portugal, have already registered deflation, while the overall CPI level in the Eurozone still

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