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Tag Archive | "eu"

Parliament approves EU single banking supervisor

Thursday, September 12, 2013

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Mario Draghi attends a press conference in Frankfurt/Main on September 5, 2013

European lawmakers Thursday agreed the first step in an ambitious EU banking union plan, by transferring the power to supervise the eurozone's biggest banks to the ECB in a year.

Germany’s finances in black in first half

Friday, August 23, 2013

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File picture shows the Reichstag building (lower house of parliament), in Berlin

Germany ran up a general government surplus of 8.5 billion euros ($11.3 billion) in the first six months of this year, equivalent to 0.6 percent of output, data showed Friday.

ECB ‘in danger of overload’, says chief economist

Friday, July 12, 2013

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Peter Praet speaks at the German finance ministry on April 19, 2012

The European Central Bank risks being overloaded by its new and huge task of watching over banks, executive board member Peter Praet warned in a newspaper interview on Friday.

EU hails strengthening of Spain’s banks

Wednesday, July 10, 2013

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A woman uses an ATM outside a branch of Bankia in Madrid on July 3, 2013

European Union officials hailed the strengthening of Spain's banking sector on Wednesday after they swooped to rescue it last year saying Spanish lenders need no more bailout funds for the time being.

EU hails strengthening of Spain’s banks

Wednesday, July 10, 2013

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A woman uses an ATM outside a branch of Bankia in Madrid on July 3, 2013

European Union officials hailed the strengthening of Spain's banking sector on Wednesday after they swooped to rescue it last year saying Spanish lenders need no more bailout funds for the time being.

EU gives Latvia green light for euro membership

Tuesday, July 9, 2013

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View of the Latvian capital Riga from top of St. Peters Church on May 11, 2006

Economy and finance ministers from the 28 European Union countries gave the final green light to Latvia on Tuesday to join the eurozone on January 1 2014.

Greece set to receive 8.1 bn euros in fresh aid

Monday, July 8, 2013

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Municipal workers protest in front of the Greek parliament in Athens in April 2013

Creditors concluded a technical audit of reforms in Greece on Monday, opening the way for payment of 8.1 billion euros in fresh aid if finance ministers approve the audit report, officials said.

Greece seeing ‘silver lining’ in debt turmoil: Germany

Wednesday, July 3, 2013

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German Foreign Minister Guido Westerwelle greets reporters  in the foreign ministry in Athens on July 3, 2013

German Foreign Minister Guido Westerwelle said on a visit to Greece Wednesday that he believed the country was beginning to see a "silver lining" in its debt turmoil and urged international creditors to recognise its achievements.

France will stick to spending plans

Friday, June 28, 2013

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France will stick to its current spending plans, President Francois Hollande said early Friday

France will stick to its current spending plans, President Francois Hollande said early Friday, despite a warning from the government's budget watchdog that the deficit might breach a revised limit recently agreed with the EU.

EU finance ministers struggle on bank closures

Saturday, June 22, 2013

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Finance ministers of France, Pierre Moscovici (R), Netherlands, Jeroen Dijsselbloem (L), Sweden, Anders Borg

European Union finance ministers were locked in difficult talks early Saturday, trying to resolve deep differences over how to manage closures of failing banks so as to prevent wider damage to the economy.

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