Danish economy to grow faster in 2015

Source: Bloomberg
Economic growth in Denmark will accelerate the next year, as the government of the country raised its expectations concerning GDP growth. As predicted, consumer spending will increase more than forecasted, by 2% instead of 1.6%. The economy will most likely add 2%, up from a 1.9% previous outlook. Moreover, the investment and loosing fiscal policy will contribute to growth even more.
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Mon, 26 May 2014 09:26:06 GMT

German consumer climate unchanged in June

Consumer confidence in Germany will see no changes in June of this year, being on the highest level in 7 years. The corresponding index from the research company GfK stayed unchanged at 8.5 points. The result matched analysts' predictions. The report says that consumer confidence in the largest economy of the Eurozone will remain on a quite high and stable

Mon, 26 May 2014 09:04:06 GMT

European shares rise amid Draghi speech

European equities increase in price on Monday, as analysts are waiting for the ECB President Mario Draghi speech yoday. On Sunday, the ECB opened a first open forum for academics and policy makers in Lisbon. The benchmark Europe Stoxx 600 Index added 0.3% to 342.73 points by 7:00 GMT London, while this week is becoming the sixth consecutive in terms

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