Pending house sales increased more than expected in the US

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Source: Forexpros
US pending home sales rose more than initially expected last month, approaching the highest level in almost two years, according to industry data. The pending home index added 0.2% last month as compared to a 1.9% fall in December, reported the National Association of Realtors. Analysts predicted the sales to grow by 1.0% in January.


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Tue, 28 Feb 2012 08:48:14 GMT

EU demands more competition in the energy sector

The EC warned Cyprus, Spain, Bulgaria, Luxemburg, Romania, Estonia, Slovakia and the Netherlands to raise competition in the energy sector otherwise it will bring a case to the ECJ. The EC demands countries to separate energy generation and its distribution to stimulate competition in the sector. Warned countries have to meet requirements till 3 March.

Tue, 28 Feb 2012 10:00:27 GMT

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