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German unemployment at record low in February

Frankfurt / AFP German unemployment remained at current historic lows in February despite a massive influx of refugees, as the recovery in Europe’s biggest economy remains on track, data showed on Tuesday. The unemployment rate — which measures the jobless total against the working population as a whole — stood at 6.2 percent in February, unchanged from January. In numerical ...

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Pound in best run in 2016 amid ‘Leave EU’ trades

Bloomberg The pound jumped for a fourth day versus the euro, its longest run of gains since November, as investors questioned the extent of declines driven by concern over a possible British exit from the European Union. Sterling rose for a second day against the dollar. While Markit Economics said U.K. manufacturing expanded last month at the slowest pace in ...

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Greek creditors to resume reforms audit by Mar 10

Athens / AFP Greek Prime Minister Alexis Tsipras said on Tuesday that an EU-IMF audit of the debt-laden country’s reforms would likely resume by March 10, hinting that the process was being delayed by divisions among the creditors. “My estimate is that (senior creditor representatives will) return in the first ten days of March,” Tsipras said in a televised interview. ...

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