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MarioDraghi-ECB-121317.jpg The European Central Bank is set to raise its growth forecasts on Thursday as the single currency economy gained momentum in a remarkably uneventful year, boosting policymakers' confidence as they gear up to trim asset purchases in January.

Unemployment-UK-121317.jpg The UK unemployment rate remained at the lowest level in more than four decades during the three months to October and the annual growth in earnings accelerated but remained well below inflation.

Eurozone employment grew at a steady pace in the third quarter to a record high level, preliminary data from Eurostat showed Wednesday. Employment rose 0.4 percent from the previous quarter, when the increase was the same. Jobs grew 0.5 percent in the first quarter of the year. On a year-on-year...

Eurozone industrial production increased unexpectedly in October, after falling in the previous month, data from Eurostat showed Wednesday. Industrial production rose a seasonally adjusted 0.2 percent month-on-month in October, reversing September's 0.5 percent fall, which was revised from a 0.6 percent...

The UK jobless rate remained at the lowest level since 1975, in three months to October, data from the Office for National Statistics showed Wednesday. The ILO jobless rate came in at 4.3 percent in three months to October, the same as in three months to September and in line with expectations. This...

Slovakia's consumer price inflation accelerated to the highest level in more than four-and-a-half years in November, the Statistical Office of the Slovak Republic said Wednesday. Consumer prices climbed 1.9 percent year-over-year in November, faster than the 1.7 percent increase in October. Moreover,...

Iceland's central bank retained its key interest rate again, as widely expected, on Wednesday. The Monetary Policy Committee of the Central Bank of Iceland decided to hold the seven-day term deposits rate at 4.25 percent. The bank had lowered the rate by a quarter point in October. The committee...

Hungary's industrial production growth slowed as initially estimated in October, latest figures from the Hungarian Central Statistical Office showed Wednesday. The volume of industrial production climbed a working-day-adjusted 7.6 percent year-over-year in October, slower than the 8.1 percent rise...

Germany's consumer price inflation accelerated as initially estimated in November, final data from Destatis showed Wednesday. The consumer price index rose 1.8 percent year-on-year following 1.6 percent increase in October. On a month-on-month basis, the CPI climbed 0.3 percent in November after...

Romania's industrial production increased markedly in October from a year ago, mainly driven by strong growth in manufacturing activity, figures from the National Institute of Statistics showed Wednesday. Industrial production expanded a seasonally and working-day-adjusted 9.6 percent year-over-year...

EEP19-011515_13Dec17.jpg Unemployment from the UK and industrial production from euro area are due on Wednesday, headlining a light day for the European economic news.

Argentinean Foreign Minister Jorge Faurie is optimistic about the possibility of signing a free trade agreement between Mercosur and the European Union (EU) before the end of the month. "I do not know if it will be signed tomorrow, the day after tomorrow or December 21," he said. "We are waiting for...

Poland's core inflation accelerated in November after easing in the previous month, figures from the National Bank of Poland showed on Tuesday. The consumer price index net of food and energy prices rose 0.9 percent year-on-year following 0.8 percent in October. Core inflation was in line with...

Germaninvconfidence-121217.jpg Germany's economic sentiment weakened more-than-expected in December amid political uncertainty, a closely-watched survey revealed Tuesday. The ZEW Indicator of Economic Sentiment fell 1.3 points to 17.4 in December, the Mannheim-based think tank ZEW said. The indicator remained below its long-term average of 23.7 and the expected level of 17.6.

Inflation-UK-121217.jpg UK inflation accelerated unexpectedly to its highest level in more than five years in November, on airfares and computer games, official data showed Tuesday. Inflation rose slightly to 3.1 percent in November from 3 percent in October, the Office for National Statistics said. Price growth was last higher in March 2012. The inflation rate was expected to remain at 3 percent.

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