U.K. economy picks up in Q1

Note: This section contains information in English only.
Source: Bloomberg
Economic growth in the United Kingdom increased the pace of advance during the first threee months of this year, as the GDP added 0.8% on a quarterly basis after a 0.7% rise in October-December. Year-on-year economy surged 3.1%, the largest jump since 2007. However, economy is still 0.6% below the year 2008 maximum, as during the financial crisis British economy lost 7.2%.
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Tue, 29 Apr 2014 11:43:03 GMT

EU banks to be tested with simulated economic decline

130 biggest banks of the EU will be tested by the ECB in November, as they will go through a simulated very tough economic decline and rise in unemployment in order to estimate, how can they withstand this downward pressure. Moreover, the simulation will include a 19.2% plunge of the stock market and 21.2% decrease in home price. Polish zloty

Mon, 28 Apr 2014 18:20:04 GMT

Gold gains as safe-haven demand rises amid Ukraine

Gold traded in New York advanced on Monday rising to the strongest level in almost two weeks and set to record its third monthly increase in four months as demand for safe-have assets improved on Ukraine's geopolitical crisis. Gold futures for settlement in June swung between gains and losses and were last seen at $1,299.7 an ounce as of 7:59

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