European inflation falls and jobless rate rises

BRUSSELS - Euro-zone inflation declined in November and unemployment jumped more than expected, reports showed Friday, lifting chances that the European Central Bank would increase the size of an expected interest rate cut next week to aid a shrinking economy.

With recession pressing on growth, the Italian government became the latest European country to offer an economic stimulus package, totaling €80 billion, or $103 billion. That came one day ... Full Story »

Posted by Fabrice Florin

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