ECB points on deflationary risks in Eurozone

Note: This section contains information in English only.
Source: Bloomberg
Mario Draghi, the president of the European Central Bank, announced on Friday that the Eurozone will face a considerable deflationary risk in the nearest future, as the inflation rate in the single currency region dropped to 0.7% in October from 1.1% in September, still being below the 2% target rate. Moreover, the ECB has few options remaining to deal with this threat.
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Fri, 01 Nov 2013 13:14:05 GMT

Danske Bank to get rating upgrade in nearest future

Danske Bank A/S, the largest bank in Denmark, is currently working on the effectiveness increase in order to get a rating upgrade under a new management team with CEO Thomas Borgen. Bank's current rating from Moody's is Baa1, while Nordea bank holds four-step higher rating of Aa3. Today, Danske Bank A/S shares are trading up 1% to 129.60 Danish kronor

Fri, 01 Nov 2013 11:03:13 GMT

U.K. manufacturing activity continued to rise in October

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