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GERMANY DEBT OVERHAUL
Anil Ambani's Reliance Group charts next phase of growth with focus on defence, renewablesAnil Ambani's Reliance Group is pivoting towards defence, power, and clean energy for future growth, emphasizing innovation. This strategic...- Euro hits 4-month peak, dollar soggy on German spending and tariff reprieveThe euro continued its rise against the U.S. dollar, boosted by Germany's proposed infrastructure fund and borrowing changes. U.S. trade po...
- Euro rallies as Germany's historic debt overhaul boosts growth outlookThe euro extended its rally on Wednesday and hovered near four-month highs as Germany's proposed 500 billion euro ($531 billion) infrastruc...
- Euro gets lift from German debt brake reform as currencies mired in trade war falloutThe euro surged to a nearly four-month high as Germany's political parties agreed on a significant debt overhaul to revive the economy. Ami...
- German voters demand change as Europe's biggest economy stallsGermany's economy struggles with high energy costs and unemployment, impacted by the loss of cheap Russian gas. Calls for infrastructure in...
- Thousands of demonstrators from Europe expected in Brussels to protest austerity measures in the EUThe rulebook, which has often proved difficult to enforce and has served as a source of tension, was suspended during the COVID-19 pandemic...
- India likely to have stable debt-to-GDP ratio going forward, says IMF officialIn 2020 there were massive interventions on the part of governments around the world to support people and firms. That implied a lot of spe...
- Swiss regulator monitoring banks and insurers after SVB collapseSwiss financial regulator FINMA is seeking to identify any potential contagion risks for the country's banks and insurers following the col...
- Reelection bolsters France's Macron as powerful player in EUBoosted by his victory, Macron figures to be in the spotlight when he pays an expected visit to Berlin in the coming days to meet with new ...
- India on track to knock Britain out of world's top 5 economiesAs per IMF's forecast, India will surpass Germany by 2022 as the world’s fourth largest economy while the UK will drop out of the top five ...
- Angela Merkel risks all as global praise runs into party outrageThe award saves Angela Merkel's detractors the discomfort of seeing international honor bestowed on the chancellor for an open-door policy.
- Grexit would not be such a catastrophe, some believeRBI governor Raghuram Rajan has said the Indian economy will see through any impact of the Greece crisis.
- GMR-backed Delhi International Airport raises $289 million via bond issueGMR Infra-controlled Delhi International Airport (DIAL) on Tuesday raised $289 million through a considerably oversubscribed bond issue, al...
- Angela Merkel rejects EU bond idea to solve crisisMerkel rejected joint debt issuance in the 17-nation euro area as a solution, saying "under no circumstances" would she agree to Germany-ba...
- G-20 rebuff leaves European leaders to focus on Greek aidEuropean leaders shift their focus this week to bolstering the euro region's debt-crisis firewall after G-20 nations rebuffed their call fo...
- EU wants more government budget cutsEuropean Union governments must make further cuts to their budgets, overhaul their pension systems, and make sure their banks are less vola...
- EU fault on debt contagion runs deeperEuropean Union divisions widened over how to contain the debt contagion that threatens the euro, limiting a summit starting on Thursday to ...
- Weaknesses of eurozone economies the real problem of euroThe real problem with the euro is the weaknesses of the eurozone economies, the political will to implement required policies and increasin...
- Deal will restore confidence: ECBEuropean Central Bank (ECB) President Jean-Claude Trichet said Friday that world leaders’ call for a regulatory overhaul of the financial s...
- Bank rules under fire after losses, scandalCentral bankers meeting in Davos on Saturday said they would review risk rules after the financial crisis blew holes in balance sheets and ...
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