Eurozone employment held steady in Q2

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

Eurostat reported on Friday that the level of employment remained unchanged in Eurozone in the second quarter of 2012, confounding expectations of a 0.2% decline. However, the employment level declined by 0.6%, compared to the second quarter of 2011. In Q1, employment declined by 0.3% from the preceding quarter.

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Fri, 14 Sep 2012 13:24:52 GMT

Euro sells above $1.31 for the first time since May

The Euro continued rally against weaker U.S. Dollar on Friday, after the Fed decided to create a new round of easing in order to support the U.S. economy. Extra stimulus cuts interest rates, which has a negative impact on the greenback. The Euro climbed to $1.3121, getting above $1.31 for the first time since May, and was at $1.3108.

Fri, 14 Sep 2012 15:03:52 GMT

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