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Greece's government on Monday ruled out imposing controls over capital flows over the upcoming long weekend, after an opposition lawmaker suggested the move if the country fails to strike a deal with its creditors soon. Gabriel Sakellaridis, the spokesman for the Greek government, reportedly said...

Latvia's producer prices dropped for the fourth straight month in April, the Central Statistical Bureau said Monday. The annual rate of decline accelerated to 0.6 percent in April from 0.3 percent in March. The producer price index has been declining since January. Producer prices of goods sold...

Malaysia's unemployment rate declined and labor force participation improved in March, the Department of Statistics reported Monday. The jobless rate dropped to 3 percent in March from 3.2 percent in February. This decline reflects a fall of 24,100 in number of unemployed. In March 2014, the unemployment...

Czech economic sentiment improved for the first time in five months, survey figures from the Czech Statistical Office showed Monday. The economic sentiment indicator rose to 10.4 from 10 registered in April and March. It equaled the reading in February and was the highest since January's 11.5. The...

Spain's producer prices declined at a slower pace in April, data from the statistical office INE showed Monday. Producer prices fell 1 percent year-on-year in April after decreasing revised 1.3 percent in March. This was the tenth consecutive fall in producer prices. Excluding energy, producer...

Finland's producer prices continue to drop in April, data from Statistics Finland showed Monday. The producer price index for manufactured products fell 0.3 percent in April from last year, but slower than the 0.8 percent decrease seen in March. Prices declined at the slowest pace since October. Producer...

Belgium's consumer confidence rose for the first time in three months in May to reach its highest level in four years, on the back of significant improvement in the macroeconomic outlook during the month, the National Bank of Belgium said Friday. The consumer confidence indicator climbed to -3 from...

Bank of England Deputy Governor Minouche Shafik said productivity growth is likely to resume and factors pulling inflation down could be temporary. "I think it is reasonable to expect that resumption in productivity growth to come over the next year or so as the continued narrowing of slack in the...

Draghi-052215.jpg European Central Bank President Mario Draghi reiterated on Friday that euro area economic conditions have improved, indicating a cyclical recovery, and urged the region's governments to make progress on structural reform that is essential to sustain the momentum. "The economic outlook for the euro area is brighter today than it has been for seven long years," he said.

Turkey's manufacturing capacity utilization climbed for the second straight month in May, figures from the central bank showed Friday. The capacity utilization rate rose to 74.9 percent in May from 74.1 percent in the previous month. The latest figure was the highest since October last year, when...

GermanBusinessConfidence-052215.jpg German business confidence weakened marginally from a 10-month high in May and the economy grew at a slower pace in the first quarter, as initially estimated, revealed two separate reports released Friday. The business confidence index fell less-than-expected to 108.5 in May from 108.6 in April, according to a survey by Munich-based Ifo Institute. This was the first fall in seven months but the i

Iceland's wage growth eased for the second straight month in April and reached a 10-month low, figures from Statistics Iceland showed Friday. The wage index increased 5.2 percent year-over-year in April, slower than March's 5.6 percent climb. The latest rate of growth was the slowest since May last...

Italy's retail sales dropped unexpectedly in March, after staying flat in the previous month, figures from the statistical office Istat showed Friday. Retail sales fell 0.2 percent year-over-year in March, defying economists' expectations for a 0.4 percent climb. In February, sales showed no variations,...

Greece's current account deficit in March increased from a year ago, figures from the Bank of Greece showed Friday. The current account deficit widened to EUR 404.1 million in March from EUR 88.4 million in the same month of the previous year. The goods trade deficit narrowed to EUR 1.01 billion...

European Central Bank President Mario Draghi reiterated on Friday that euro area economic conditions have improved, indicating a cyclical recovery, and progress on structural reform is needed to sustain it. "The economic outlook for the euro area is brighter today than it has been for seven long years....

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