U.K. budget deficit rises more than forecast in February

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Source: RTT News
Budget deficit in the United Kingdom exceeded initial projections in February as revenues increased at a slower pace than the government expenditures, the latest data released by the Office for National Statistics showed on Friday. According to the data, the nation's deficit rose to 9.3 billion pounds in February, while in February 2013 the debt was 9.2 billion pounds.

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Fri, 21 Mar 2014 15:40:05 GMT

German leading index gains for 4th month in February

A leading index measuring economic activity in the Europe's largest economy advanced in January rising for the fourth consecutive month signaling that the country's expansion should continue in the following months, the Conference Board reported on Friday. The report showed that Germany's leading index gained by 0.2% in January totaling 128.3 points after climbing by 0.9% and 0.3% in December

Fri, 21 Mar 2014 15:18:04 GMT

U.S. rating affirmed at ‘AAA': Fitch Ratings

Credit rating of the world's largest economy was affirmed at ‘AAA' by the Fitch Ratings, a report released by the agency showed on Friday, and the country's outlook stayed ‘stable' according to the report. The agency expects the federal government debt of the U.S. peak at 100% of the gross domestic product this year and it should decrease afterwards.

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