Natacha Valla News
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Francois Hollande, who defeated French President Nicolas Sarkozy to become the first Socialist in 17 years to control Europe’s second-biggest economy, pledged to push for less austerity and more growth in the region.
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Goldman Sachs Group Inc. hired Huw Pill of the European Central Bank to replace Erik Nielsen as its chief European economist.
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Jean-Claude Trichet has put inflation fighting back on the European Central Bank’s agenda in the middle of a sovereign debt crisis.
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French consumer spending climbed more than economists forecast in September as expectations of better job prospects and higher wages boosted confidence.
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Four top officials from Italian Prime Minister Silvio Berlusconi ’s government, including a Cabinet member, resigned today in a move designed to bring down his administration and possibly trigger early elections.
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Four top officials from Italian Prime Minister Silvio Berlusconi ’s government, including a Cabinet minister, will resign today in a move designed to down his administration and possibly trigger early elections.
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A proposal to sell joint euro-region debt has emerged as a new flashpoint among European leaders running out of options to stabilize bond markets.
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The Group of Eight summit concludes in Deauville, with leaders expected to discuss the Arab revolutions and development in Africa.
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German government bonds climbed, snapping a two-day drop, as France backed Germany in refusing to add to the European Union’s 440 billion-euro ($581 billion) rescue fund and rejecting joint euro-area debt securities.
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