GDP growth rate in the euro-zone meets expectations

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

The euro zone's GDP rose at an expected pace in Q3, according to official data. The GDP increased by 0.2% on a seasonally adjusted basis in three months ended in September fully meeting the forecast. GDP increased by 1.4% on a yearly basis also being in compliance with previous projections. After the data release the euro moved higher against the greenback. EUR/USD is trading at 1.3377, adding 0.19%.

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Tue, 06 Dec 2011 13:32:12 GMT

Netherlands started antitrust investigation into mobile firms

Netherland's authorities announced they embarked on investigation into various mobile providers in the country. However, the officials do not disclose the purpose of investigation. Royal KPN NV, leading Dutch telecommunications company, confirmed the start of investigation and said that the statement clarifying the situation will be issued later.

Tue, 06 Dec 2011 14:06:50 GMT

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