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Economic confidence in the euro area decreased more than economists forecast in April as the 17- nation currency bloc struggled to emerge from a recession and the bailout of Cyprus renewed debt-crisis concerns.
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The European Central Bank has to decide how big a threat Italy poses to Europe’s recovery.
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German investor confidence unexpectedly rose to a three-year high in March, suggesting Europe’s largest economy will return to growth.
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The European Central Bank left interest rates on hold as it gauges how big a threat Italy poses to the economic recovery.
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Mario Draghi sees reason to be ``optimistic” about the euro-area financial crisis now that he's committed the European Central Bank’s balance sheet to ending it.
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European Central Bank President Mario Draghi signaled he’d rather use interest rates than the printing press to bolster growth as the debt crisis drags the euro-area economy toward recession.
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The Swiss franc’s rebound from a three-month low against the euro shows that even bank charges for deposits and a lull in Europe’s debt crisis can’t deter demand for the currency.
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Jens Weidmann might not be as defeated as it seems.
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Central banks are digging deeper into their tool kits in search of innovative ways to unclog bank lending and keep a weakening world economy afloat.
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France’s economy unexpectedly stalled in the second quarter as consumer spending plunged just as investors spooked by Europe’s debt crisis turn their attention to the euro region’s second-largest economy.