Eurozone GDP up by 0. 3 % with Greece growing by 0.8%
Euro area GDP growth and inflation remain positive but near to zero in the second quarter.
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IMF demands further efforts to strengthen Spain’s growth potential
IMF praises Spanish strong recovery but recommends additional reforms to strengthen growth and accelerate the fiscal consolidation.
ECB Price Stability Strategy Bearing Fruit
Some experts analyse the impact of the first almost 6 months since the ECB announced the launch of its ‘quantitative easing’.
Stocks should react overall positively to Fed rate hike
An upcoming Fed interest rate hike now seems to be one of markets’ main focal points and concerns.
Oil demand in 2015 to grow at fastest pace in 5 years
Global oil demand in 2015 is set to grow at the fastest pace in 5 years, underpinned by the economic recovery and low oil prices.
China’s National Liquor Now Comes Laced with Viagra
LETTER FROM ASIA-PACIFIC | The Chinese hard spirit baijiu is known for its fiery taste, but some makers have added an extra kick in the form of powdered Viagra, according to the government’s food safety bureau.
Greek bailout deal agreed ‘in principle’
The third bailout deal will have to be voted on in the Greek Parliament on Thursday and approved by the Eurogroup on Friday.
Germany’s benefit from the Greek crisis
The benefits tend to be larger than the expenses, even if Greece does not repay any of its debts.
China move on yuan could fuel exchange rate volatility
China’s move to weaken its currency by a record 1.9% comes in the wake of poor trade data
German Economic Sentiment Declines Once Again in August
ZEW Indicator of Economic Sentiment for Germany decreases by 4.7 points compared to the previous month.