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Italy strikes deal with EU commission over budget: ministry spokeswoman

ROME (Reuters) – Italy has done a deal with the European Commission over its contested 2019 budget, a spokeswoman at the Economy Ministry said...

World Bank ok’s $750 million loan guarantee for Ukraine: Poroshenko

KIEV (Reuters) – The World Bank has approved a $750 million loan guarantee for Ukraine, President Petro Poroshenko said on Twitter on Tuesday, calling...

Saudi finance minister says PIF policy is based on medium to...

DUBAI (Reuters) – Saudi finance minister Mohammed al-Jadaan said on Tuesday the policy of the country’s sovereign fund, Public Investment Fund (PIF), is based...

ECB’s Makuch says future rate rise depends on state of economy

BRATISLAVA (Reuters) – The timing of a future interest rise in the euro zone will depend on the state of the economy, member of...

U.S. housing starts rise; single-family segment remains weak

By Lucia Mutikani WASHINGTON (Reuters) – U.S. homebuilding rebounded in November, driven by a surge in multi-family housing projects, but construction of single-family homes fell...

UK markets watchdog overhauls bank overdraft charges

By Huw Jones LONDON (Reuters) – Banks will be banned from charging higher fees to 14 million people with unarranged overdrafts from the end of...

Danish council says expects to recommend higher buffer for banks

COPENHAGEN (Reuters) – Denmark’s Systemic Risk Council said on Tuesday it expects to advise the government to further increase the counter cyclical buffer for...

German government to borrow more in 2019 than this year

BERLIN (Reuters) – The German government will borrow more money in 2019 than it did this year, the finance agency said on Tuesday, pointing...

European shares plunge after Wall Street’s ‘Santa Crash’

By Danilo Masoni MILAN (Reuters) – European shares tumbled on Tuesday after a sell-off on Wall Street, with oil stocks leading the drop as crude...

German economy cooling but no recession looming: Ifo economist

MUNICH (Reuters) – The German economy is cooling but there is no recession in sight, an economist at Ifo said on Tuesday after the...
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