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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German June factory orders fall more than forecast

FRANKFURT (MarketWatch)
German factory orders fell a seasonally-adjusted 1.7% in June, as domestic orders dropped 2.1% and orders from within the euro zone fell 4.9%, the Economics Ministry reported Tuesday
Economists surveyed by Dow Jones Newswires had forecast a 1% monthly fall
May orders were revised up slightly to show a 0.7% rise

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