Herman Van Rompuy News
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European Commission President Jose Barroso said he’s “very confident” Italy will be able to leave the European Union’s excessive-deficit procedure after Enrico Letta pledged new measures to boost growth.
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As Greece lurched toward its first bailout in early 2010, the largest bank in Cyprus was stocking up on Greek bonds.
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The European Union is working to make tax systems around the world more fair as the 27-nation bloc moves to clamp down on tax evasion, European Commission President Jose Barroso will say today in a speech in New York.
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West Texas Intermediate crude fell to a one-month low after U.S. retail sales and consumer confidence declined, signaling lower fuel demand.
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European stocks fell the most in a week, snapping the longest streak of gains in three months, as U.S. retail sales and consumer confidence unexpectedly dropped.
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Cyprus President Nicos Anastasiades will seek an increase in the 10 billion-euro ($13.1 billion) bailout loan pledged by the euro area, a government official said.
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Dutch Finance Minister Jeroen Dijsselbloem said a 10 billion-euro ($13 billion) rescue for Cyprus is now ready to be ratified by parliaments after euro- region officials assessed the accord in Dublin today.
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Sales of corporate bonds in the U.S. rose to at least $24 billion, the third straight week of below-average issuance, while relative yields narrowed.
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U.S. Treasury Secretary Jacob J. Lew will prod European leaders to stimulate economic growth as they struggle to resolve the bloc’s debt crisis through budget tightening in the midst of a recession.
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On a snowy morning in the middle of February, Tony Blair, looking trim from his four- to five-times- a-week workout regime, is sipping coffee in his office in London’s Mayfair district.
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