Eurozone unemployment up 0.2%

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Source: Eurostat

On Friday, Eurostat reported that the Eurozone employment level declined by 0.2% during the first three months of the year, in line with expectations, whereas it remained stable in the whole European Union. Comparing to the same quarter in the previous year, employment level dropped 0.5% in the single currency bloc, and fell by 0.1% in 27 EU countries.

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Fri, 15 Jun 2012 13:42:56 GMT

Pound weakens on BOF speculations

The pound lost ground on Friday on the country's Central Bank speculations on purchase of government debt in order to support U.K. economy as European debt crisis worsens. Sterling fell 0.1 per cent to $1.5549, a 0.1 per cent decline to 81.22 against the euro.

Fri, 15 Jun 2012 13:20:47 GMT

European markets rise on future plans

European stocks jumped on Friday, on contingency plans reports of governments and central banks that will start to fall into place after elections in Greece. The Stoxx Europe 600 index added 0.4 per cent to 242.70 and Spain's IBEX 35 index climbed 1 per cent. The German DAX 30 index and the French CAC 40 index inched higher 0.5 per cent and 0.7 per

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