Date archive forNovember, 2016
US economy growth
By Viliyana Filipova On Wednesday, November 30th, 2016
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US economy growth accelerated to 3.2% in third quarter

The US economy rose by 3.2% during the third quarter, according to the upwards revised data by the Ministry of Commerce. On first reading the growth was evaluated to 2.9%, but the economists and analysts were sure More...

European Central Bank
By Viliyana Filipova On Wednesday, November 30th, 2016
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European Central Bank ready to increase buying of Italian bonds after the referendum

The European Central Bank is ready to temporarily increase purchases of Italian government bonds. This can happen if the result of the referendum in the country sharply raise the debt service for the largest debtor More...

Venezuela inflation
By Joshua Jadon On Wednesday, November 30th, 2016
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Venezuela inflation reaches 1,660% in 2017

The currency of Venezuela, which is pressured by political and economic crisis continues to fall. Only in November bolivar has lost 55% of its value. On November 1, one dollar was exchanged for 1,567 Bolivar and More...

Retail sales in Germany
By Silvia Hristova On Wednesday, November 30th, 2016
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Retail sales in Germany grew by 2.4% in October

Retail sales in Germany grew by 2.4% MoM in October, according to preliminary data of the statistical office Destatis. The data are adjusted from the calendar, inflation and seasonal effects, while the expectations More...

Economic sentiment in the Eurozone
By Viliyana Filipova On Wednesday, November 30th, 2016
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Economic sentiment in the Eurozone improved slightly

Economic sentiment in the Eurozone improved slightly before the meeting of European Central Bank (ECB), which will be held amid hopes for better prospects for the 19-nation currency union. The index of the European More...

Uk Bridge
By Joshua Jadon On Wednesday, November 30th, 2016
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UK government against enormous high CEO wages

The UK government is determined to deal with the huge salaries of CEOs of the companies in the country, giving more control in the hands of shareholders and employees. The Prime Minister Theresa May is considering More...

Greece economy
By Silvia Hristova On Wednesday, November 30th, 2016
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Greece economy expanded for second consecutive quarter

Greece economy has expanded for the second consecutive quarter, and even more than the analyst estimates, which reinforces expectations for a strong recovery next year after a prolonged recession. The adjusted estimates More...

Jerome Powell
By Viliyana Filipova On Wednesday, November 30th, 2016
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Support for increase of US interest rates gained strength

The support for the increase of US interest rates certainly gained strength since the last meeting of the Federal Reserve said Jerome Powell, who is a manager at the US Central bank. In his words, the patience of More...

European Fund for Strategic Investment
By Viliyana Filipova On Tuesday, November 29th, 2016
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EC expands European Fund for Strategic Investment

The European Commission adopted the conclusions of the three evaluations proposal for strengthening of the European Fund for Strategic Investment (EFSI), also known as Plan Juncker. All three evaluations confirmed More...

Arun Jaitley
By Viliyana Filipova On Tuesday, November 29th, 2016
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India propose new tax evasion amnesty

Indian Finance Minister Arun Jaitley released plans for new tax evasion amnesty, which aims to unearth the unaccounted cash. According to the plans, the citizens who declare assets until the income to pay 50% taxes More...

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