- Preliminary estimates show the UK’s second-quarter GDP increased 0.8 percent compared to Q1 and grew 2.6 percent on Q2 2005. The country’s jobless rate increased 0.3 percent to 5.4 percent from the period covering March to May. The rate grew 0.7 percent compared to the same period in 2005.
- France’s May unemployment rate fell 0.2 percent from the previous month to 9.1 percent. That number was down 1 percent from May 2005.
- Germany’s June jobless rate took a similar dip, falling 0.3 percent from May to 10.5 percent. That represented a 0.8-percent drop from May 2005.
- The Bank of Slovenia increased its benchmark Lombard rate by 50 basis points in July to 4.5 percent. The increase was the third 0.5-percent move since February, and the Bank released a statement saying it expects the tightening policy to continue.
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