Spain will seek for bailout if yields are too high

Note: This section contains information in English only.
Source: Bloomberg

On Wednesday, Mariano Rajoy, Spanish Prime Minister, announced that he was ready for bailout package, but only in case his country witnesses too high borrowing costs for too long. Previously, Rajoy had said that a decrease of yields, caused by ECB's bond-buying plan announcement, may possibly allow not to seek for further support.

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Wed, 26 Sep 2012 14:07:26 GMT

U.K. retail sales improved in September

British retail sales rose slightly in September, a sign consumers are showing more willingness to buy, the Confederation of British Industry reported on Wednesday. CBI realized trades rose to 6 in this month, up from -3 in the previous month. A reading above 0 indicates higher sales volume, while any reading below signals lower volume of sales.

Wed, 26 Sep 2012 11:10:26 GMT

Sweden visible trade surplus contracts in August

Sweden's merchandise trade surplus declined from last year in August, Statistics Sweden reported preliminary data on Wednesday. The trade surplus tumbled to SEK3.3 billion from SEK5.2 billion in August 2011, exceeding economists' estimates of a SEK3 billion reading. Exports of goods fell 5% on year to SEK93 billion, while imports slid 3% to SEK89.7 billion.

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