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Germany: Unemployment falls by 14K in February

The number of unemployed people in Germany decreased by 14K in February, after falling by 28K the previous month, Bundesagentur für Arbeit reported on Thursday. Market consensus pointed to a 10K drop.

The Unemployment Rate remained steady at 6.8%, as projected.

Separatist tensions in Ukraine's Crimea escalate

While the interim Kiev administration is preparing today for a formal approval of the new cabinet by parliament, tensions in Crimea have been escalating. On Wednesday armed men flying Russian flags took over government buildings in Simferopol chanting “Crimea is Russia!” and clashing with the ethnic Tatars who support the new Ukrainian authorities.
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Italy February Business Confidence increase to 99.1 vs 97.7 (January)

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