European Central Bank expected to cut its growth forecasts today, and could boost its QE programme soon * Introduction: ECB governing council meets today * ECB could extend QE beyond March 2017 11.14am BST THERE’S A GLIMMER OF LIGHT IN THE TROUBLED GREEK ECONOMY; THE UNEMPLOYMENT RATE HAS DIPPED TO 23.4% IN JUNE, FROM 23.6% IN MAY. But youth unemployment is running at twice that level: Although unemployment is falling in Greece, the jobless rate for 15 to 24 year olds is still 47.7%#greece 10.36am BST UK ELECTRONICS GROUP DIXONS CARPHONE HAS RIDDEN THE EU REFERENDUM UNCERTAINTY IN STYLE. “We are delivering pleasing growth in all markets and continued high levels of customer satisfaction, and thus far, continue to see no detectable impact of the Brexit vote on consumer behaviour in the UK.” Tusk tells May to trigger Art 50 asap - but EU sources say real deadline's early 2017 so Brexit happens before May 2019 EU parliament elex Continue reading...
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