Europe October 2007

Posted by Scriptaty | 8:21 PM

  • Germany’s August unemployment rate fell 0.1 percent from the previous month to 8.8 percent, representing a 1.7-percent drop from the same month last year.

  • France’s July unemployment rate remained at 8 percent from the previous month, a drop of 0.9 percent from July 2006.

  • Parliamentary elections in Greece ushered in a new government, primarily consisting of the New Democracy party led by Prime Minister Costas Karamanlis. The center-right party and Karamanlis have promised faster economic reforms.

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