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EU Rehn : Growth Won't Fully Resume Until Private, Public Debt Levels Reduced

20/06/2013
Economic growth in Europe cannot fully resume until overall levels of private and public debt fall, European Economics

Commission calls for a new consensus to get the economy growing again

20/06/2013
At the end of the weekly meeting of the Commission which was largely focused on the end June European Council meeting,

Cyprus Government Denies Seeking Bailout Renegotiation

20/06/2013
Cyprus denied Wednesday that it is trying to wriggle out of bailout commitments after President Nicos Anastasiades wrote a

EUROSTAT: GDP per capita in the Member States ranged from 47% to 271% of the EU27 average in 2012

20/06/2013
Power Standards2 (PPS) varied from 47% to 271% of the EU27 average across the Member States.

BOE Minutes Confirm King Defeated in Final Stimulus Push

20/06/2013
Outgoing Bank of England Governor Mervyn King was defeated in a push for more stimulus for the U.K. economy

EU: April 2013 compared with March 2013 Euro area production in construction up by 2.0%

20/06/2013
In the construction sector, seasonally adjusted production1rose by 2.0% in the euro area2 (EA17) and by 0.9%

Talks Between Greece, Troika to pause for "Technical Work"

20/06/2013
Talks between Greece and its official lenders went on pause Wednesday with the European Commission, the

BoJ's Kuroda Expects Markets To Regain Stability Gradually

20/06/2013
Bank of Japan Governor Haruhiko Kuroda said Wednesday that financial markets may gradually regain stability,

China Swaps Gain Most in Five Years on Prolonged Cash Squeeze

20/06/2013
China’s one-year interest-rate swap rose by the most in five years as the central bank refrained from adding

Former Fed Governor Says Obama 'Essentially Fired' Bernanke

20/06/2013
President Barack Obama's remarks this week about Federal Reserve Chairman Ben Bernanke staying longer than he

Swiss Lawmakers Reject Bank Tax Deal With U.S.

20/06/2013
Swiss lawmakers ushered in a new era of uncertainty for the country's financial sector Wednesday by nixing a

EU-US Trade Pact Hopes Rest on Obama-Merkel

19/06/2013
Just hours before President Barack Obama was set to touch down on the tarmac in Berlin Tuesday, German industry called on him and Chancellor Angela Merkel to use their

Cyprus Seeks Euro Zone Review of Bailout Terms

19/06/2013
Cypriot President Nicos Anastasiades is seeking a review of the euro zone's EUR10 billion bailout, warning that the country may not be able to

Greek FinMin Says "Progress" Made In Talks With Troika

19/06/2013
Greek Finance Minister Yiannis Stournaras said that notable progress has been made in negotiations with the country's international

China Says Trade Figures Inflated by Arbitrage With Hong Kong

19/06/2013
China said data on trade with Hong Kong were inflated by arbitrage transactions that skirted rules, the government’s most

Fed May Just Maintain Purchases, Says Chandler of Brown Brothers

19/06/2013
Federal Reserve Chairman Ben S. Bernanke will probably say today after a central-bank meeting that policy makers will maintain current

Brazil's Tombini : Global Liquidity Won't Disappear Suddenly

19/06/2013
The world will have high levels of liquidity for quite some time, but the Brazilian central bank will be ready to intervene in currency

German Economic Sentiment Rises Beyond Expectations

19/06/2013
Analysts and institutional investors in June were more optimistic about Germany's economic outlook and expect the recovery to pick up

China Wrestles With Banks' Pleas for Cash

19/06/2013
China's big banks are pressuring the central bank to free up funds to ease an unusual cash squeeze in the world's No. 2 economy, according to

Portugal Two-Thirds Down Austerity Path -BES Chief Economist

19/06/2013
Portugal, a small country whose big debts helped propel the euro-zone crisis, has come two-thirds of the way through a period of
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