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  • Russia looks to compensate its sanctioned elite Wednesday, 8 Oct 2014 | 9:22 AM ET

    MOSCOW— Russia's parliament gave preliminary approval Wednesday to a bill that would grant compensation to individuals hit by Western sanctions, a move that the usually compliant opposition criticized as a Kremlin attempt to buy the loyalty of the elite. The bill, which also allows Moscow to seize the assets in Russia of foreign individuals encouraging the...

  • LONDON, Oct 8- European equities fell on Wednesday, with a benchmark index slipping to its lowest in nearly two months, as investors moved out of shares around the world in the face of discouraging signals about the global economy. Growing concern over the spread of Ebola outside Africa also hurt sentiment. In the latest evidence of economic malaise, China's...

  • As EU discusses jobs, frustration among unemployed Tuesday, 7 Oct 2014 | 12:59 PM ET

    MILAN— Protesters who tried to scale the walls of the royal palace in Naples where the European Central Bank was meeting last week embodied the frustration of 26 million jobless Europeans. At the center of the debate will be the growing divide between countries like Italy and France who want to slow down the pace of spending cuts to avoid hurting growth, and...

  • LONDON, Oct 7- A second day of grim German data and expectations for a cut in the International Monetary Fund's growth forecasts spooked European assets on Tuesday, as the recent spell of global financial market volatility continued. "Industrial production is currently going through a weak phase," Germany's Economy Ministry said in a statement.

  • *Spain selling 5- year inflation-linked bond via syndication. LONDON, Oct 7- Spanish bond yields nudged up on Tuesday as Madrid launched an inflation-linked bond whose appeal to investors lay more in the potentially higher return than in the inflation-proofing. Orders were nearly 9 billion euros, a lead manager on the sale told IFR, a Thomson Reuters service.

  • DIARY - Top Economic Events to Oct 20 Monday, 6 Oct 2014 | 8:01 PM ET

    NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...

  • ATHENS, Oct 6- Greece's government unveiled its 2015 budget on Monday, promising a second year of growth and tax breaks aimed at easing austerity imposed after the country sank into its deepest post-war economic crisis. The budget largely confirmed targets for growth and a budget surplus before interest payments set under Greece's 240 billion euro EU/IMF...

  • NAPLES, Italy, Oct 2- The European Central Bank laid out plans on Thursday to buy rebundled packets of debt within weeks to shore up the flagging euro zone economy and its president said the bank would do more if needed. Just months after unveiling a multi-pronged attack to help the economy, with cheap bank loans, lower interest rates and a pledge to buy reparcelled...

  • NAPLES, Italy, Oct 2- The European Central Bank left interest rates unchanged on Thursday, shifting focus to an asset-buying plan with which it hopes to revive the flagging euro zone economy and see off the specter of deflation. After cutting rates last month to what ECB President Mario Draghi said was "the lower bound," the ECB left its main refinancing rate at 0.05...

  • *Monthly headline rate down to 0.3 percent year-on-year. BRUSSELS, Sept 30- Euro zone inflation slowed further in September on falling prices of unprocessed food and energy, a first estimate showed on Tuesday, sending the euro lower against the dollar on expectations of further European Central Bank policy easing.

  • DIARY - Top Economic Events to Oct 13 Monday, 29 Sep 2014 | 8:01 PM ET

    LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.

  • LONDON, Sept 29- Greek government bond yields rose to their highest in almost two months on Monday as Athens' plans for an early exit from a bailout programme raised concerns about future financing and debt relief.

  • *Spain lifts 2014 GDP forecast to 1.3 pct from 1.2 pct. MADRID, Sept 26- Spain on Friday raised its forecast for economic growth this year and next, in contrast with countries like Italy and France that are lowering their outlook.

  • *Athens hopes to wean itself off bailout plan early. In Berlin earlier this week, Samaras for the first time publicly acknowledged that Athens hoped to wean itself off a 240- billion-euro EU/IMF aid package a year before its scheduled end in early 2016..

  • UPDATE 1-ECB's Praet - give euro zone a seat at IMF Monday, 22 Sep 2014 | 8:51 AM ET

    BERLIN, Sept 22- The euro zone should have its own single representation at the International Monetary Fund, the European Central Bank's chief economist said on Monday, a call which may encounter resistance around the bloc.

  • *Athens building its own funding buffer- Greek finmin. Athens is anticipating further debt relief measures from its euro zone partners and the International Monetary Fund later this year after managing to shore up its finances and post a budget surplus before interest payments.

  • DIARY - Top economic Events to Sept 23 Wednesday, 10 Sep 2014 | 8:01 PM ET

    WELLINGTON- Reserve Bank of New Zealand announces Monetary Policy Statement and Official Cash Rate. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.

  • New EU economy team to seek policy middle-ground Wednesday, 10 Sep 2014 | 1:54 PM ET

    BRUSSELS, Sept 10- The new European Commission will spread responsibility for key economic issues over three top officials with different economic views, in what critics say could mean policy deadlock but advocates see as a route to compromise.

  • UPDATE 2-Schaeuble rebuffs calls for German stimulus Tuesday, 9 Sep 2014 | 11:35 AM ET

    BERLIN, Sept 9- German Finance Minister Wolfgang Schaeuble rebuffed calls for Berlin to spend more to boost the euro zone economy, telling parliament on Tuesday that painful structural reforms were the best way to return Europe to growth.

  • While data from China may give clarity on a pattern of uneven growth there, it is in Europe that the prospects for the economy are most uncertain, although a ceasefire in Ukraine could lift the mood and avoid new EU sanctions on Russia this week.