Rescue package for Greece temporary rejected

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Source: Bloomberg
Europe's finance ministers suspended a bailout funding for Greece and left officials in Athens either to ratify lately issued debt cut plan or to leave Euro Zone. Euro area countries will not deliver EUR 130 billion rescue funding until Greece will not implement its austerity plan, said Jean-Claude Juncker, Luxembourg's PM.
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Fri, 10 Feb 2012 07:43:22 GMT

UK home prices drop to 6-months record high

British house prices fell to 6-months record high in January on concern about country's economy amid European debt woe. The average value of home in Whales and England dropped 0.2% compared to December, reaching GBP 218.992. On yearly basis house price declined 1.4%. Only in London annual value gained 3%. UK economy slipped 0.2% in 4th quarter of 2011.

Fri, 10 Feb 2012 07:11:47 GMT

US jobless claims dropped last week

The number of Americans who filled applications for jobless benefits declined more than forecast in the week which ended February 4. Claims for unemployment benefits fell by 15 000 last week to 358 000. Economists predicted applications may fall to 370 000. The drop in applications for jobless benefits is an additional evidence for improvements in US labour market.

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