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Last updated: 06:51:43 Sunday Jan 24, 2010


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  • Debt worries erode euro
    PARIS (AFP) - The crippling debt and shaky financial credibility undermining Greece and some of its partners on financial markets threaten the cohesion of the eurozone and the euro as well, analysts warn.   Nations:Greece Portugal France Spain   2010-01-24

    EU banks 'sufficiently capitalised': presidency
    GOTHENBURG, Sweden (AFP) - Stress tests on 22 banks in the crisis-hit EU have shown the lenders are "sufficiently capitalised," the bloc's Swedish presidency said on Thursday.   Nations:Sweden   Activities:Global Financial Crisis   Source:(AFP)   2009-10-01

    Eurozone private sector lending almost stalls: ECB
    FRANKFURT (AFP) - Eurozone private sector lending has nearly stalled, the European Central Bank warned on Friday, posing a threat to what is likely to be a weak recovery from the 16-nation bloc's first recession.   Nations:Germany   Activities:2008 EU Recession   2009-09-25

    ECB, Bank of England hold interest rates steady
    FRANKFURT (AFP) - European Central Bank president Jean-Claude Trichet voiced confidence Thursday about the prospects for an economic recovery as the ECB and Bank of England kept key interest rates at all-time lows.   Activities:2008 U.K. Recession   2009-08-06

    Bank of England to cut interest rates again
    LONDON (AFP) - The Bank of England is expected to slash its key interest rate on Thursday by half a percentage point to just 0.5 percent -- the lowest level in the bank's 315-year history, analysts said.   Nations:U.K.   Activities:2008 U.K. Recession Global Financial Crisis   Source:(AFP)   2009-03-04

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