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IMF Notifies That European Banks May Face Losses Worth 300 Billion Euros
A statement from the International Monetary Fund (IMF) has notified that Europe's debt crisis has pushed the banks towards 300 billion Euros losses that they may incur so the banks should lift up...
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European Non-Payment Insurance Cost Facing Highs Due to Recession Fears
European non-payment indemnity or insurance cost has been rising steadily due to the fears over recession situation. The Federal Reserve stressed on the downward risk that the US economy has been...
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Europe, China Going Jittery Over Future Earnings
Woes are getting bigger among investors as analysts have shown big concerns and worries regarding the US market and the figure game.According to the estimates of U.S. market analysts, the U.S. earnings...
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Eurozone Might Be On the Right Track to Recovery
It has been revealed according to a recent report that the shares from Europe might see a gain in the near future as well. This has come after the ballooned expectations that have come to the minds of...
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Canada Urges European Leader to Fasten With Their Plans to Fight Crisis
Concerned over the forecast of yet another recession, Canada’s Finance Minister Jim Flaherty has urged the European leaders to take stern steps to tackle the menace of recession. It has come to light...
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An Effort to Hold on the Credibility of Financial Sector
News of the banking Union spreads like wildfire and with that, hopes of many in the region go up higher to see their money is safe.Plans were confirmed when the President of the European Commission,...
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A Slip in the Market
“The euro area finance ministers meeting has come and gone, and despite the indication of willingness by the ECB to buy bonds, we are still no closer to what many in the market consider the ultimate...
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Oil Valued at a Six-Week Lower Price
Earlier this morning, there was news from the central bank of Japan stating that due to the slowing down of the global economy, very soon it would be introducing more of spur into its country, so that...
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Will there be any end to this cruel nonsense?
Till few days ago, it was being believed that things have been efficiently controlled by Europe and the markets actually relaxed following the promises made by the European Central Bank to buy the...
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More Efforts Needed to Address Euro Crisis
European Union has been facing a crisis and despite many attempts, it is failing to save the euro. A new report sheds light over the requirements to address the issue as well as reasons why more...
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Thousands of anti-austerity protestors take to streets
Thousands of anti-austerity protesters on Saturday took to the streets of several major cities of Europe, arguing that that the government's austerity measures would further throttle growth and...
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Many Africans risk death to reach Europe
Many African migrants are jeopardizing their lives to reach Europe, as evident from the recent toppling of a boat full of African migrants near an Italian island.The Spanish police said that many...
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Spain unlikely to ask for more financial aid: EU official
Spain is unlikely to seek more financial assistance after the ongoing programs of European Union (EU) and IMF support come to an end later this year, a senior EU official said.The EU last year offered...
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Israelis Prefer to Move to Germany
The new report states that about tens of thousands of Israeli are fleeing to Europe, especially to Germany. It has been reported that many of the educated middle-class Jews are fleeing every year to...
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European Commission Gives Permission to Deploy 3G and LTE Services in Flights
It seems really good for the people of Europe who can now take their smart phones, tablets and e-readers during their take off and landing. According to a new report, the European Commission (EC) is...
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Bethesda Trademarks Fallout 4 in Europe
As per recent reports, it has been unveiled that Bethesda has trademarked the Fallout 4 name in Europe. The revelation was made on the official website of the Office for Harmonization in the Internal...
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Europe Getting Increasingly Annoyed and Nationalist
According to a latest report, the German election shave recently got over and the countries like Germany and France are looking forward to launch an initiative in order to save the European...
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EU-Russia Summit Postponed
There was a time when having cordial relations with EU was the top priority for Russia. There are a number of things for which EU enjoyed such importance.To cite some of the factors, more than 50% of...
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Sony to Release Latest software Update for PS4 in Europe
According to a new report by Sony's Chris Owen, the company is launching latest system software update for PlayStation 4. It is really good news for PlayStation 4 owners that they can now easily...
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Europe Threatens to Freeze Crucial Data-Sharing with US over NSA surveillance
Revelations about the mass surveillance of the National Security Agency have led the EU executive to threaten to freeze crucial data-sharing arrangements with the US. The revelations were made by the...
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