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EU executive poised to address shadow banking risks

The European Commission has presented draft legislation aimed at taming the multi-trillion-euro shadow banking industry in the 28-member bloc. The idea is to make unregulated money market funds safer. The EU executive said the draft...

European commission grants conditional reprieve to indebted nations

In its annual assessment of national budget policies, the European Commission has confirmed it will give a number of member states more time to reduce deficits. But it expected more reforms in return. In view...

 

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