Spain unemployment drops on peak tourism season

Note: This section contains information in English only.
Source: Bloomberg
Spain's registered unemployment decreased in July amid the seasonal boost in tourism sector, the major contributor to the economy. The number of citizens applying for jobless benefits dropped by 27,814 from June to 4.59 million, as reported by the Labor Ministry On Thursday. Last years decline was 42,059 big.


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Thu, 02 Aug 2012 09:28:58 GMT

German yields slightly advance on ECB talks

German 10-year yields close to a three-week high on Mario Monti's yesterday talk about the region's bailout fund, which will get access to ECB money via a bank license. The 10-year note yield was at 1.37%, after climbing to 1.43% on July 30. Germany's 2-year bond yield rose one basis point to -0.062, meaning current bondholders will gain less than

Thu, 02 Aug 2012 15:23:58 GMT

European stocks continue to gain

On Wednesday, August 1, European stocks edged higher amid speculations about decisive actions from central banks to support the economy. The Stoxx Europe 600 Index soared 0.5 per cent to 262.57. At the same time, the U.K.'s FTSE 100 rose by 1.4 per cent, while Germany's DAX, on the contrary, erased 0.3 per cent.   Next Plc added 6.5 per cent, Arkema SA jumped 5.7

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