U.K. mortgage approvals surged in January

Note: This section contains information in English only.
Source: Investing.com
The total number of approvals for mortgages in the United Kingdom jumped considerably in January of this year to its largest level in more than six years, helped by the government support program, when buying property. According to the BBA data, approvals increased to 50,000 in December, up from 47,100 in the last month of 2013. Economists expected the indicator to rise slightly.
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Tue, 25 Feb 2014 10:27:02 GMT

New Italian Premier gets support from Senate

The Prime Minister of Italy Matteo Renzi has got a support from the upper house of country's parliament. The vote of 169-139 for Renzi's appointment as the Premier increases the possibility of successful and long-awaited reforms in Italy. Matteo Renzi promises to bring changes into economy and decrease taxes in order to end the economic stagnation in the country and

Tue, 25 Feb 2014 09:52:19 GMT

Italian retail sales slipped in December

Retail sales in Italy plummeted surprisingly in December of the previous year, as the drop was posted by both non-food and food sectors. The indicator was down 0.3% on a monthly basis, after staying flat in November. Analysts expected a 0-0.4% growth, depending on survey. Moreover, year-on-year retail sales crashed 2.6%, while they were predicted to show a rise of

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