The United Kingdom will not seek to "hold on to bits of EU membership", Prime Minister Theresa May said in a crucial speech on Tuesday. The country also will not seek to adopt deals that are already available to other countries, May said in a speech at the Lancaster House. Britain "cannot be half in and half out", she said. The British pound rallie
German economic sentiment improved to its highest level in seven months in January, as expectations were boosted by a strong run of positive data towards the end of last year. The ZEW Indicator of Economic Sentiment for Germany rose to 16.6 from 13.8 in December, the Mannheim-based Centre for European Economic Research/ZEW said Tuesday. However, ec
U.K. inflation reached its highest level in more than two years at the end of 2016 on air fares and food prices. Consumer price inflation increased more-than-expected to 1.6 percent in December from 1.2 percent in November, the Office for National Statistics reported Tuesday. This was the highest rate since July 2014 and above the expected rate of
Ireland's foreign trade surplus declined notably in November, as imports surged and exports fell, figures from the Central Statistics Office showed Tuesday. The seasonally adjusted trade surplus fell to EUR 4.05 billion in November from EUR 5.04 billion in October. In the corresponding month last year, the surplus was EUR 3.4 billion. Exports dropp
UK inflation rose more than expected in December, fuelling further suspicions that the Bank of England may start to mull the need for higher interest rates later in 2017. Inflation and producer prices Consumer prices rose 1.6% on a year ago, according to the Office for National Statistics, up from 1.2% in November and its highest since July 2014. T
Germany's economic sentiment improved to its highest level in seven months in January, yet the score was less-than-expected, survey data from the Centre for European Economic Research/ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to 16.6 from 13.8 in December, the Mannheim-based think tank said. Economists had forecas
Italy's foreign trade surplus increased in November from a year ago, as exports grew faster than imports, figures from the statistical office Istat showed Tuesday. The trade surplus climbed to EUR 4.2 billion in November from EUR 4.0 billion in the corresponding month last year. However, it was just below the surplus of EUR 4.3 billion in October.
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