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«AgroInvest» — News — German data shows improvement

German data shows improvement

2011-12-21 11:10:05

German economy indicators have shown moderate improvement, despite instability in Euro zone. Euro strengthened its position against USD
however, the rate is so volatile that it will take just another news piece to change the situation. On other note European Central Bank plans to offer
banks unlimited amounts of low-cost, three-year funds against collateral now defined more broadly, which some hope will encourage buying of high-
yielding Spanish and Italian bonds.
 

 

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