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  • Should the euro zone really fear demon deflation? Sunday, 25 Jan 2015 | 4:00 AM ET

    *Euro zone inflation negative in Dec for first time in 5 years. BRUSSELS, Jan 25- If the multi-billion dollar consumer electronics industry can function fine with constantly falling prices, why is deflation in the broader economy such a threat? European Central Bank policymakers have repeatedly warned of the risk of being drawn into a prolonged downward price...

  • Euro zone bond yields hit new record lows after the European Central Bank unveiled its QE programme- just what the doctor, or at least ECB chief Mario Draghi, ordered. While the composition of a new coalition government may not be quickly known, the prospect of a strong showing for the far-left Syriza party raises the spectre of a clash between Athens on the one hand...

  • FRANKFURT, Jan 23- ECB chief Mario Draghi's 1 trillion euros of fresh money could prove the masterstroke that saves the euro zone for now, but it breaks the principle that the bloc acts as one, a move that could ultimately undermine the currency he is trying to save. In monthly 60 billion-euro installments from March, the European Central Bank will buy chiefly...

  • BRUSSELS, Jan 23- Greece will have to ask for a new extension to its euro zone bailout programme before 1.8 billion euros in pending aid can be paid, a senior euro zone official said on Friday, stressing that a new government must first be in place to do so. Although the International Monetary Fund will continue to back Athens, the country needs to be under an European...

  • FLORENCE, Italy, Jan 23- The European Central Bank's bond-buying program must not be used as a justification by euro zone governments to slacken economic reforms, German Chancellor Angela Merkel said on Friday. "I don't have the impression that the decision by the European Central Bank could lead to Italy saying' we don't need to reform anymore'.

  • BRUSSELS, Jan 23- EU finance ministers will discuss on Tuesday offering additional money to help save Ukraine from bankruptcy, potentially increasing its original plan to as much as 2.5 billion euros, diplomats told Reuters. Ukraine, fighting a costly war against pro-Russian separatists, is relying on a lifeline from the International Monetary Fund...

  • BRUSSELS, Jan 23- The European Union will discuss on Tuesday increasing the bloc's emergency aid to Ukraine to as much as 2.5 billion euros, more than the 1.8 billion euros already proposed by the European Commission, diplomats said. EU finance ministers will consider raising the amount at their meeting in Brussels. The medium-term loans would be for this year...

  • PARIS, Jan 22- France and Austria sought on Thursday to break deadlocked talks with nine other European countries over a financial transaction tax, by proposing that it be applied to a wide range of transactions but at low rates from next year. The tax, first proposed in the 1970 s to penalise currency speculators, was seized on by France and Germany in 2012 as a...

  • DAVOS, Switzerland, Jan 21- Ukrainian President Petro Poroshenko accused Russia on Wednesday of sending 9,000 troops to back separatist rebels in the east of his country, and the IMF chief said she backed extra financial help for Kiev as the conflict inflicts severe economic damage. However, he won support from NATO, which said the amount of heavy military...

  • A look at Greece's debt debate before elections Wednesday, 21 Jan 2015 | 12:17 PM ET

    ATHENS, Greece— Greece goes to the polls Sunday with voters given a tough choice over how to handle the country's debt after six years of recession badly weakened its economy. Although Greece reached a major restructuring deal with private creditors three years ago, its economy has shrunk by a quarter during the recession to an annual output of 188 billion euros,...

  • LONDON, Jan 21- The European Union's plan to build a capital market union will not include a super-regulator for markets in the same way the European Central bank now supervises top euro zone lenders, a senior EU official said on Wednesday. The comment will assuage concerns in Britain, the bloc's biggest securities market, that a push by Brussels for a new, more...

  • PARIS— Reeling from the Paris terror attacks, France announced broad new measures to fight homegrown terrorism like giving police better equipment and hiring more intelligence agents, as European officials sought to strike the right balance between rushing through tough counterterrorism laws and protecting treasured democratic rights.

  • ATHENS, Jan 21- After four years of economic sacrifices, Greece bet it could agree an early end to its international bailout. Greece triggered the regional financial crisis in 2009 when a far higher budget deficit than previously calculated emerged. The collapse of talks in Paris on Nov. 26 set off a month-long sequence of events leading to elections next week and...

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • *BoE's Cunliffe: EU markets plan needs caution. LONDON, Jan 20- The European Union's plans to build a capital markets union to increase funding for the economy will take years and needs careful handling, Bank of England Deputy Governor Jon Cunliffe said on Tuesday. The CMU is the vehicle the EU's executive European Commission hopes will increase market-based...

  • *China data, QE prospects lift European shares. *China slows less than expected, IMF cuts global outlook. LONDON, Jan 20- Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its economy had not slowed as much as many in markets had feared.

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • LONDON, Jan 19- The European Central Bank faces a crucial test of its resolve to do "whatever it takes" to preserve the euro when it decides this week on buying government bonds to combat deflation and revive the economy. The EU top court's adviser and the Swiss National Bank have smoothed the way for quantitative easing, or printing money, but fierce opposition from...

  • FRANKFURT, Germany— FRANKFURT, Germany— Europe's struggle with economic stagnation is raising questions about whether its prized project— the shared euro currency— can bounce back or even just survive. The euro's missing pieces have come into sharper focus as the European Central Bank prepares to decide Thursday whether more monetary stimulus is needed to...