The UK is counting the money supply, Germany is working in the sweat

Recent statistics from Europe

In brief: European news can not give investors optimism, but at the same time, cease to disappoint buyers on the stock market.

According to the International Labour Organization (ILO) unemployment rate in Germany in May fell to 7.0% from 7.1% in April, the number of unemployed at the same time decreased in May by 20 thousand to 3.03 million.

In the final data in the UK monetary aggregate M4 (the amount of cash currency in circulation, the total amount of loans granted by banks, as well as the amount of government borrowing) in May, unchanged from the previous month according to a preliminary estimate. In annual terms, growth in M4 in May coincided with the preliminary value and amounted to 2.8%. According to the CEO Banco Santander, Emilio Botin (Emilio Botin), financial and credit group plans to make a new mergers and acquisitions since purchase about 25% of Mexican units from Bank of America for $ 2.5 billion and the purchase of $ 3,2-billion in debt Citigroup in June. According Botin, is expected to receive Santander in 2010 profit at the level of 2009, reaching $ 10.9 billion.

Ukrainian Globalist
2010-07-01 22:50, Economics.

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