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ECB's Liikanen: Bail-Ins Should Be the Rule

17/05/2013
Europe needs clear and transparent rules on which creditors will be the first to face losses when a bank fails, one that shift the burden from the taxpayer, a member

Fed's Raskin Says 'Modest' Economic Growth Seen

17/05/2013
The U.S. economy continues to recover from the 2008 financial crisis and the deep recession that followed, but it still has a long way to go until

Eurozone Economy Faces Risk Of Further Contraction In Q2: IHS Global Insight

17/05/2013
The continuing recession and the recent relapse in business confidence suggest that the Eurozone economy is in serious

Germany's Merkel : Banking Union Question of European Credibility

17/05/2013
German Chancellor Angela Merkel Thursday emphasized the need for reform of the banking sector, which she said was vital for winning back

France's Hollande Pledges Offensive to Strengthen Euro-Zone Governance

17/05/2013
French President Francois Hollande Thursday said he will lead an offensive to strengthen the governance of the euro zone

Germany's Schaeuble : Too Much Liquidity Through World's Central Banks

17/05/2013
German Finance Minister Wolfgang Schaeuble on Thursday criticized the high level of liquidity available around the world

China's Foreign Direct Investment Lags

17/05/2013
Foreign direct investment in China sputtered in the first four months of the year, despite renewed signs of strength from the U.S. and the European

Euro-Area Exports Increase for Third Month on Germany

17/05/2013
Exports rose a seasonally adjusted 2.8 percent from February, when they increased 0.2 percent, the European Union’s statistics office in

Eurozone inflation falls to three-year low

17/05/2013
Official figures show inflation in the 17-strong eurozone bloc has fallen to an average of 1.2% - a three-year low.
The figure, for April, was dragged down by falling prices

ECB Examines Impact of Financial Transactions Tax

17/05/2013
The European Central Bank is examining the potential impact of Europe's proposed financial transactions tax on money markets, the bank's top

Investors Uncertain About Eurozone Bank Sovereign Support

17/05/2013
European investors believe that the Cyprus bank resolution has increased the risk that sovereigns will be less likely to support future bank

EU Barroso Calls on Germany to Open Services Sector

17/05/2013
European Commission President Jose Manuel Barroso on Thursday called on Germany to open its services sector

London City Job Vacancies Fall Sharply In April: Survey

17/05/2013
Job vacancies in London' financial services sector declined notably in April as subdued economic activity curbed

Mid-Atlantic Manufacturing Activity Contracts

17/05/2013
Mid-Atlantic manufacturers slipped into contraction this month, according to a report released Thursday by

China Says Yuan Strength Hurting Export Sector

17/05/2013
China has indicated that the recent appreciation of yuan is hurting exporters' profit margins despite improved

India’s net services exports recover in second half of FY13

17/05/2013
India’s net services exports recovered in the second half of the year ended 31 March from a contraction in

U.S. jobless claims jump to six-week high

17/05/2013
The number of people who applied last week for new unemployment benefits surged to the highest level in a

Fed's Rosengren : Government Fiscal Policy Big Drag on Economy

17/05/2013
The economy would benefit much more from the Federal Reserve's aggressive monetary policy actions if not

April home construction falls to six-month low

17/05/2013
Construction of new U.S. homes dropped in April as far fewer apartments were put up, according to

U.S. consumer prices drop again in April

17/05/2013
Another sharp decline in the cost of gasoline pushed consumer prices lower in April for the second straight
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