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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
FRANKFURT (MarketWatch)
Private-sector lending across the euro zone fell 0.1%
on an annual basis in May, the European Central Bank reported Friday, down from
growth of 0.2% in April.
M3, the broadest measure of money supply, grew at a
2.9% annual rate in May, up from 2.5% in April
Economists surveyed by Dow Jones
Newswires had forecast M3 to grow at a 2.4% pace in May
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