European car sales show sluggish growth amid Greek deadlock

Source: Bloomberg
Car sales growth in Europe was the slowest in half a year in May, as purchases are postponed amid unemployment and sovereign crisis in Greece. The total amount of the sales rose 1.4% to 1.15 mil automobiles from 1.14 mil a year earlier. The increase was the lowest since November 2014, when the change was +1.2%. The European cars market expanded for the 21st consecutive month.
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Tue, 16 Jun 2015 10:37:04 GMT

UK consumer prices return to growth

UK consumer prices increased in May by 0.1%, following a 0.1% fall in April. Core figure advanced 0.9%, slightly missing an estimate of 1.0%. Inflation in the UK still remains below the targeted 2%, and the BoE governor Mark Carney expects achievement of the bank's goal in 2016.

Mon, 15 Jun 2015 10:15:07 GMT

Greece in a defining week after collapsed negotiations in Brussels

This week could be crucial for Greece as its Sunday's meeting with creditors failed after 45 minutes amid a significant gap remaining between international creditor's requirements and what the Greek anti-austerity government is ready to offer. Focus is now coming to June 18 when the meeting of the Euro group is scheduled. It may decide whether the Mediterranean country will

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