Thu, 02 Apr 2015 11:04:04 GMT
Germany's unemployment hits all-time low
In February, the German unemployment rate reached the all-time low of 6.4%. This, together with the falling oil prices and growing salaries, is positively affecting the overall spending, and after the launch of the QE programme Germans became more lavish. Such a low jobless rate and soaring consumption in the Euro zone's powerhouse stimulate the region's recovery, while other member