The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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miércoles, 2 de mayo de 2012

German unemployment rises 19,000 in April

FRANKFURT (MarketWatch)
The seasonally-adjusted number of unemployed German workers rose by 19,000 in April, the federal labor office reported Wednesday
The unemployment rate was unchanged at 6.8% after the March rate was revised up from an initial reading of 6.7%
Economists surveyed by Dow Jones Newswires had forecast unemployment to fall by 10,000 last month
"The resilience of the German labor market is cracking open
The economic tailwind from the last two years is clearly fading away
Right now, this is not yet a cause for concern but rather a reminder that the labor market is a lagging, not a leading, indicator," said Carsten Brzeski, economist at ING Bank

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