German unemployment plunges as economy rebounds

Note: This section contains information in English only.
Source: RTT News
The total number of people without a job in Germany declined considerably in April of the current year, as economy continues to show a gradual recovery. Unemployment decreased 25,000 this month, comparing with March data, while economists waited only for a 10,000 drop. At the same time, the seasonally adjusted jobless rate in the country remained unchanged at 6.7%.
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Wed, 30 Apr 2014 10:41:08 GMT

Daimler increases Q1 profit as Mercedes disappoints

Daimler AG, the third biggest luxury car manufacturer in the world, announced a considerable 95% increase in profit for the first three months of this year, as EBIT reached 1.79 billion euros. At the same time, despite rise in sales, Mercedes cars division contributed only 7% to total sales, less than predicted at 10%. Today, Daimler AG shares drop 2.2%

Wed, 30 Apr 2014 09:43:07 GMT

Spanish economy continued to rise in Q1

Economic growth in Spain increased in the first quarter of this year, reaching as much as 0.4% on a quarterly basis, rising from 0.2% in the previous three months. Therefore, Spanish GDP advanced already for the third quarter in a row. All the data matched analysts' expectations. Year-on-year, economy of the country added 0.6% after a 0.2% decline in October-December

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