Canadian housing starts in April

Note: This section contains information in English only.
Source: Canada mortgage and housing corporation
Annual rate (seasonally adjusted) of housing starts in Canada in April 2012 was almost 250 000, which was 20% more than anticipated. Level of single urban start-ups remained stable around 67 000. The most significant increase was observed in urban and multiple urban segments which increased by 18% and 27.4% respectively. Geographically the largest growth was observed in Quebec and Ontario areas, 56.5% and 12.2% correspondingly.
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Tue, 08 May 2012 17:25:05 GMT

Syriza tells to forget rescue led by European Union

Alexis Tspiras, who is responsible for government formation in Greece, announced that any parties which are willing to form coalition with his party, Syriza, have to repudiate their uphold for economy saving measures developed by European union. Tsipras promised that additional, EUR 11b, austerity measures will not come in to force and strongly believes that Pasok and New Democracy party,

Tue, 08 May 2012 14:20:04 GMT

German DAX falls amid fears Greek left parties may lead

German DAX index edged lower on Tuesday as  worries intensified over the inability of Greek parties to form a new government. The losses were limited as data showed industrial output in Germany accelerated three times as much as economists predicted in March. BMW retreated from previous gains and dropped 1.8%. On the upside Deutsche Telekom climbed 1.7% and Fresenius Medical

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