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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French consumer confidence rises in August

French consumer confidence improved in August, as households became more optimistic about their future income, Insee, France's national statistics bureau, said Friday
Consumer sentiment rose to 84 in August from 82 in July, Insee said
The indicator is recovering from a trough in the months of May and June, when it fell to 79, a level last seen in July 2008.

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