UK's economy may recover to pre-crisis level

Source: Reuters
UK's economy is on the verge of growing larger than recorded before 2008. GDP was forecast at the same speed as in the first quarter, this way revealing a 0.8% expansion, during the period from April to June. This year's growth is estimated to be 3.1%, making it the strongest pace since the end of 2007.
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Fri, 25 Jul 2014 07:54:25 GMT

Britain's Pound near one-month low against the Dollar

The Sterling is holding steady against the US Dollar after seven consecutive sessions of downfall. As traders wait for the GDP data to be released, in regard to UK's second quarter, the Cable is sitting at 1.6985, close to the lowest price in one month, which reflects disappointing UK retail sales and surprisingly good unemployment claims in the US.

Fri, 25 Jul 2014 08:42:10 GMT

Lithuania will become part of Euro zone starting 2015

European leaders made known on Wednesday that on 1st of January Lithuania will become the 19th country to start using Euro. It is the last of the Baltic states to do so after both Estonia and Latvia. Furthermore, the EC set forth the Lithuanian litas exchange rate at 3.45280 for the change. This also marks a change in the ECB where votes will be divided depending

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