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EU OKs new financial supervision deal

European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees. See more here: EU OKs new financial supervision deal See original here: EU OKs new financial supervision deal Read more here: EU OKs new financial supervision deal Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy .

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EU ministers bid to end row over banking taxes (Reuters)

Reuters – European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.

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EU ministers bid to end row over banking taxes (Reuters)

Reuters – European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.

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EU finmins want budget rule offenders rapped swiftly (Reuters)

Reuters – European Union finance ministers sought on Monday to make sanctions for EU budget rule breakers more automatic, but put off potentially difficult talks on a permanent mechanism to resolve euro zone crises.

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EU finance ministers to discuss new bank levy (AP)

AP – European Union finance ministers are set to discuss the possibility of introducing a levy on banks and whether a tax on financial transactions can deal with another banking crisis, as they gather Tuesday in an atmosphere more benign than when they last met in July.

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Eurozone retail sales near stagnant in July: data (AFP)

AFP – Retail sales across the 16 nations sharing the euro rose by a modest 0.1 percent in July, after a 0.2 percent increase in June, with drops in Germany and Spain, European Union data showed on Friday.

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Eurozone economic confidence climbs again: data (AFP)

AFP – Business and consumer confidence in the 16-nation eurozone rose again in August but at a slower pace than the previous month amid optimism about the economy, the European Union said Monday.

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EU prods China for faster yuan rise: G20 draft (Reuters)

Reuters – This story does not carry a dateline to protect the identity and location of a source. (Reuters) – The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would help safeguard a fragile economic recovery, according to a draft G20 document obtained by Reuters on Saturday.

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EU clears MetLife takeover of AIG unit (AFP)

AFP – US life insurance giant MetLife won clearance from European Union regulators on Tuesday to acquire a unit of American International Group for 15.5 billion dollars (12.3 billion euros).

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USTR appeals two findings in WTO Airbus ruling (Reuters)

Reuters – The United States is appealing two elements of a World Trade Organization ruling on European Union government support for Airbus that it otherwise won, U.S. trade officials said on Thursday.

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