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Permits issued for residential buildings in Romania increased in June as well as during the first half of the year, a report from the National Institute of Statistics showed Tuesday. The number of dwelling permits issued rose 7.3 percent year-over-year to 3,824 in June from the corresponding month...

There is a long way from saying that the current account deficit poses an 'existential threat' to UK growth, Ben Broadbent, Deputy Governor for Monetary Policy of the Bank of England said Tuesday. Speaking at Chatham House, Broadbent said the deficit is irrelevant for growth. The rest of Europe...

The number of new dwellings built in the first of half of this year in Hungary rose from a year ago, figures from the Hungarian Central Statistical Office showed Tuesday. The number of new dwellings built during the January to June period was 3,265, which was 22 percent higher than the same period...

Slovakia's consumer confidence increased to its highest level in more than six years in July, data from the Statistical Office of the Slovak Republic showed Tuesday. The consumer confidence index rose to -9.9 in July from -11.6 in June. This marked the highest score since October 2008 when the index...

Spain retail sales growth slowed for the second month in June, the statistical office INE said Tuesday. Retail sales grew by an adjusted 0.2 percent year-on-year, slower than the 0.5 percent rise posted in May and 0.7 percent in April. On an unadjusted basis, retail sales remained flat in June after...

Commercial vehicle registrations in the European Union rose for the tenth consecutive month in June, a report from the European Automobile Manufacturers Association, or ACEA, showed Tuesday. Demand for commercial vehicles increased 10.3 percent year-on-year to 166,107 units in June. This was a slightly...

Germany's import prices continued to decline in June, data from Destatis showed Tuesday. Import prices were down 1.2 percent year-on-year in June, slower than the 2.1 percent decrease seen in May. The rate of decline came in line with economists' expectations. On a monthly basis, import prices...

The International Monetary Fund advised the U.K. to tighten its monetary policy if new regulations introduced to contain overheating in the housing market prove ineffective. The IMF late Monday said the monetary policy should stay accommodative until inflation show signs of rising or that costs move...

German import prices and U.K. mortgage approval data are some of the economic data scheduled for release on Tuesday, a day light on economic activity. At 2 am ET, German Federal Statistical Office DESTATIS will release its import prices report for June. In May, import prices remained unchanged month-over-month...

Slovenia's business sentiment index improved slightly in July from the previous month, final figures from the Statistical Office of the Republic of Slovenia showed Monday. The seasonally adjusted economic sentiment index, which combines both business tendency and consumer surveys, rose 1.0 percentage...

Ireland's central bank upgraded its economic outlook citing strong performance of exports and investment spending. In its quarterly bulletin, the bank on Monday said gross domestic product will grow 2.5 percent in 2014, up from the prior projection of 2 percent. Likewise, the 2015 estimate is revised...

Ireland's retails sales volume as well as value declined in June, after rising in the previous month, preliminary figures from the Central Statistics Office showed Monday. Retail sales volume fell 1.7 percent monthly in June, reversing a 0.4 percent rise seen in May. Likewise, the value of retail...

Tourist overnights stays registered in the first six months period in Austria dropped from a year ago, preliminary figures from Statistics Austria showed Monday. The number of overnight stays dropped 1.4 percent compared to the same period last year to nearly 66.25 million. But, the number of arrivals,...

Lithuania's retail sales growth eased for the second straight month in June, preliminary figures from the Department of Statistics showed Monday. Retail sales excluding VAT rose 3.4 percent year-on-year in June, slower than May's 4.1 percent increase, which was revised up from 3.9 percent. In April,...

U.K. house prices increased at a slower rate in June, data from the Land Registry showed Monday. House prices rose 6.4 percent year-over-year in June following the 6.7 percent increase in May. The average house price in England and Wales was at GBP 172,011, down from its peak of GBP 181,466 hit in...