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EURO ZONE CITIZENS
European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...- US funds Cyprus base upgrade to bolster regional safe haven roleCyprus is boosting its military bases with American taxpayer support. These upgrades will strengthen its role as a safe haven for Middle Ea...
- Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimatesEuropean banks could face implementation costs of €4-6 billion over four years for the digital euro, according to an ECB policymaker. This ...
- Tax the rich or fall: French PM Sebastien Lecornu faces budget ultimatumFrench Prime Minister Sebastien Lecornu faces a critical juncture as Socialists demand a 2% wealth tax on the nation's wealthiest in exchan...
- ECB asks public view on banknote redesign themeA survey by the European Central Bank that began on Monday and will run through August allows participants choose between seven shortlisted...
- Euro Zone business growth slips in DecemberIHS Markit's Flash Composite Purchasing Managers' Index, a good indicator of overall economic health, dropped to 53.4 in December from 55.4...
- Euro zone business growth at 15-year high as demand unleashed - PMIWhen the coronavirus was spreading rapidly, governments imposed strict restrictions, encouraging citizens to stay home and forcing much of ...
- Italy PM sees EU's very future at stake over its response to coronavirusItalian Prime Minister Giuseppe Conte said the very future of the European Union was at stake over its response to the coronavirus as Germa...
- Why euro is expected to remain weak against DollarEuro is still expected to weaken from here because of interest rate differential between US rate and Euro rates.
- UK ready to pay 40 billion euro Brexit divorce bill: ReportA second Whitehall source confirmed the UK bottom line was "30 billion euros-40 billion euros" while a third political source put the figur...
- Why an adverse outcome in Italy’s referendum is bad news for D-StreetMarket hates uncertainty. Any concerns over the euro zone will not be good for domestic market. Domestic equity benchmark Sensex was tradin...
- How Greece went bustIn Tsipras' eyes it is a crisis of democracy and sovereignty, of whether the wishes of a nation state outweigh the aims of the supra-nation...
- Euro ministers ready for new proposal to bailout CyprusThe new plan is an alternative to the bank levy proposed initially to raise up to $7.9 bn, a main condition to receive the bailout, which w...
- Economic environment in 2013 will not be easier: Angela MerkelShe appealed to the German public to have more patience with the efforts to overcome the euro zone sovereign debt crisis.
- Foreign investors buy more UK real estate than British citizens to boost sterlingForeigners are spending more on UK properties worth over $9.5 million than residents are, for the first time in a decade.
- Jean-Claude Juncker criticises threats of Greek exit from euro zone as nonsense, propaganda"Greece's exit from the euro was not a subject of discussion and absolutely no one argued in that direction," Juncker said.
- Companies must reinvent to survive: CEOs at WEFBusiness leaders called upon global corporations to re-invent themselves and become socially responsible to survive in today's challenging ...
- Cyprus to inject euro 1 billion in banking systemCyprus' Finance minister said that government would inject another euro1 billion ($1.33 billion) into banking system to bolster liquidity i...
- EU should consider sovereign wealth funds: SarkozyFrench President Nicolas Sarkozy suggested on Tuesday that the nations of the European Union should set up their own sovereign wealth funds...
- Tiny Cyprus, Malta join euroThe Mediterranean islands scrapped the Cyprus pound and Maltese lira to bring the number of countries using the shared currency to 15.
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