Portuguese unemployment grew to 17.7% last quarter

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Source: RTTNews
Statistics Portugal revealed on Thursday that the Portuguese jobless rate added significantly during the first quarter of the year. The unemployment rate increased to 17.7% from the reading of 14.9% in the first quarter of the preceding year. The figure for the preceding quarter was 16.9%. Youth unemployment hit the level of 42.1%.
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Thu, 09 May 2013 15:19:06 GMT

Bank of England leaves easing unchanged

The Bank of England decided to continue its monetary easing at £375 billion through the asset purchase program. Earlier, it was raised by 50 billion in July, 2012. The Monetary Policy Committee also leaved key interest rate the same at the level of 0.50%, which is the lowest since 1694 when the bank was established.

Wed, 08 May 2013 10:50:03 GMT

German bunds little changed before auction of 5-year securities

German government bunds were little changed on Wednesday before an auction of 0.25% five-year securities totalling five billion euro and as industrial output declined by 0.1% in March. The benchmark 10-year yields were traded one basis point from the strongest level in more than a three-week period, when they yielded at 1.30% at 7:12 a.m. in London.

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