Bundesbank: German economy to rise faster

Note: This section contains information in English only.
Source: RTT News
The Central bank of Germany, Bundesbank, increased its expectations of the growth in Germany for the next two years, mainly due to increase in private consumption. It is now predicted that German economy will grow 0.5% this year, 1.7% in 2014 and 2% a year after that. The previous outlook showed a slight 0.3% advance in 2013 and 1.5% the next year. Moreover, the jobless rate is expected to fall.
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Fri, 06 Dec 2013 17:05:07 GMT

Swedish budget surplus surges in November

The state budget of Sweden posted a significant increase in the tax income in November of the current year, which resulted in a higher surplus. The positive difference between state revenues and spending rose to 13 billion kronor, exceeding the economists' predictions by 7.2 billion kronor. The total revenues from taxes were 3.5 billion kronor more than analysts initially forecasted.

Fri, 06 Dec 2013 16:12:04 GMT

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