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Brexit risk puts services firms in crosshairs

Bloomberg From architects and airlines to insurers and accountants, Britain’s services powerhouse has much at stake in Prime Minister David Cameron’s “Brexit” gamble. A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts and trade ...

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Migrants workforce keeps German joblessness at 6.2%

Bloomberg German joblessness was unchanged in March, snapping a run of five consecutive declines, in a sign that Europe’s largest economy may be struggling to absorb a wave of refugees. The number of people out of work held at a seasonally adjusted 2.73 million, data from the Federal Labor Agency in Nuremberg showed on Thursday. Economists surveyed by Bloomberg predicted ...

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Spain misses 2015 deficit goal adding to pressure for cuts

Bloomberg Spain missed its budget-deficit goal for 2015 as Prime Minister Mariano Rajoy tried to rally support ahead of December’s election, marking the eighth consecutive year the nation has overshot its fiscal target. The shortfall last year was 5.2 percent of gross domestic product, the second-biggest deficit in Europe, Budget Minister Cristobal Montoro said Thursday at a press conference in ...

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