The unemployment rate in the Europe has reached a record high percentage of 10.9. In times like this we really have to wonder, what are our ‘leaders’ doing? Why did they let this happen? From the looks of it, all efforts to recover the economy seems futile. While the world at large seems to be doing good, Eurozone has continued ... Read More »
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German economy sees ‘record’ growth of 2.2%
The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in 20 years, official figures show. “Such quarter-on-quarter growth has never been recorded before in reunified Germany,” the national statistics office, Destatis, said. The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro. Separate figures showed ... Read More »