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ECB will do what is needed to keep inflation target on track: Draghi
November 1, 2015 by admin · Leave a Comment
By Stephen Jewkes MILAN (Reuters) – The European Central Bank (ECB) is ready to do what it takes to keep its medium-term inflation target on course, its head Mario Draghi said in a newspaper interview published on Saturday. Consumer prices in the 19-country euro zone slipped by 0.1 percent in September – far from the bank's aim of just below…
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ECB will do what is needed to keep inflation target on track: Draghi
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Italy court says no proof of wrongdoing in UniCredit mafia probe
November 1, 2015 by creative · Leave a Comment
An Italian court said on Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document. Fabrizio Palenzona, Unicredit…
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Italy court says no proof of wrongdoing in UniCredit mafia probe
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ECB reveals capital hole in Greek banks as unpaid loans soar
November 1, 2015 by publisher · Leave a Comment
By John O'Donnell and Francesco Canepa FRANKFURT (Reuters) – Greece's banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced …
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ECB reveals capital hole in Greek banks as unpaid loans soar