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 business confidence slips in April: reports

LONDON (MarketWatch)
Business confidence in Germany fell more than expected in April, with the Ifo business-climate index falling to 104.4 points from 106.7 in March, data showed on Wednesday according to media reports
Expectations were for a 106.2 Reading
The data followed a weaker-than-expected purchasing managers' index for the country

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