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The German economy is set to grow around 2.25 percent this year but the consumption-driven growth is likely to be short-lived, the IW Cologne economic institute said in a report on Monday. The growth rate projected by the institute is bigger than the 1.8 percent estimated by the government. The institute...

Montenegro's foreign trade deficit widened in the first three months of the year, figures from the Montenegro Statistical Office showed Monday. The trade deficit rose to EUR 282.29 million in the three-month period to March from EUR 272.16 million in the corresponding period last year. Exports...

British manufacturers expect output and new orders growth to firm up and exports are forecast to grow at the strongest pace since July 2014, the quarterly Industrial Trends Survey from the Confederation of British Industry showed Monday. However, the number of firms highlighting orders or sales as...

Bulgaria's money supply growth eased slightly in March, figures from the Bulgarian National Bank showed Monday. M3, the broad measure of money supply, rose 1.9 percent year-over-year in March, slower than previous month's 2.0 percent climb. At the same time, annual growth in the narrow measure,...

Finland's business confidence remained unchanged in April, survey figures from the Confederation of Finnish Industries or EK showed Monday. The manufacturing confidence index came in at -7 in April, unchanged from the previous month. The score was still below its long-term average of +1. Slight...

Finland's retail sales remained unchanged in March from a year ago, preliminary figures from Statistics Finland showed Monday. Retail sales value showed no variations in March from the previous year. At the same time, retail sales volume grew by 0.7 percent. The agency is set to release final data...

Finland's consumer confidence improved for the seventh consecutive month in April, survey figures from Statistics Finland showed Monday. The consumer confidence index climbed to 11.4 in April from 11.2 in the previous month. The latest score was the strongest since May 2012, when the score was 12.0. The...

Germany's import prices continued to decline in March but the pace of decrease slowed for the second month, data from Destatis showed Monday. Import prices fell by less-than-expected 1.4 percent in March from last year, following a 3 percent drop in February. Prices were expected to fall 2 percent....

A measure of France's future economic activity rose for a second straight month in February, signaling a continuation of recovery in coming months, survey results from the Conference Board showed Friday. The Conference Board Leading Index for France climbed 0.2 percent to 111 from 110.8 January,...

Spain's measure of future economic activity climbed at a faster rate in February, extending the rising trend into a sixth month, survey figures from the Conference Board showed Friday. The Conference Board Leading Economic Index for Spain rose 0.6 percent to 102.8 from 102.2 in January, when the...

Belgium's business confidence rose slightly in April, extending the rising trend to a third month, but dampened expectations for a strong improvement, survey results from the National Bank of Belgium showed Friday. The business confidence indicator climbed to -6.2 from -6.3 in March. Economists had...

Eurogroup Chairman Jeroen Dijsselbloem said Friday there were still wide differences to cover and to bridge with Greek authorities and funds will not be disbursed without a comprehensive deal. "Time is running out," he told at the press conference following the meeting. Too much time has been lost...

Greek banks can avail emergency liquidity as long as they remain solvent, European Central Bank President Mario Draghi said Friday. However, Draghi pointed out that higher yields caused by the lingering uncertainty were eroding the value of the collateral banks offer in return for loans. "The...

Swiss National Bank Chairman Thomas Jordan said the negative interest will not become the 'new normal' and the economy will overcome its challenges. He reiterated that the Swiss franc is significantly overvalued and presents major difficulties for the economy. "A correction of this overvaluation...

GermanBusinessConfidence-042415.jpg German business confidence strengthened for the sixth straight month to a 10-month high in April reflecting the continuing upswing in the economy, but firms turned less optimistic about the business outlook. The business confidence index rose more-than-expected to 108.6 in April from 107.9 in March, the results of a survey by Munich-based Ifo Institute showed Friday.

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