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Spain sells bonds a day after downgrade warning
AP - Spain succesfully raised euro3.5 billion ($4.3 billion) Thursday in an oversubscribed bond sale, a reassuring sign for markets a day after ratings agency Moody's warned it may join others in downgrading the country's debt.
Lloyds Banking Group sells control of finance unit
AP - Lloyds Banking Group has agreed to sell a controlling stake in its Bank of Scotland Integrated Finance business.
Europe puts limits on banker bonuses
The Christian Science Monitor - A crackdown on unlimited bonuses for bankers and financial traders was approved today by members of the European Parliament in a move that gives the 27-country European Union one of the world’s toughest regimes in the field. The new rules are both a response to public outrage at the size of the payouts and a bid to tackle a risk-taking culture blamed for the global financial meltdown.
Court: UK must delay extraditing Britons to US
AP - An international court on Thursday ordered Britain to hold off on extraditing four terrorism suspects to the United States, saying it must show that life terms without parole in maximum security prisons would not violate Europe's human rights charter.
Balkan leaders discuss EU integration
AFP - European Union and Balkan leaders held talks on Friday to discuss the region's integration into the bloc and the challenges it faces due to the global economic crisis.
EU seeks to boost investor protections
AFP - The European Union unveiled new rules on Monday to protect investors who lose their money in fraudulent investment schemes and account holders whose banks collapse.
EU: Estonia can join euro next year
AP - European Union nations on Tuesday gave final approval for Estonia to become the 17th country to join the euro, a boost for the tiny Baltic country and a sign of confidence in the troubled currency union.
FTSE 100 weakens
AFP - Leading shares weakened on Wednesday as traders took profits from recent large gains rooted in investor enthusiasm over the US corporate results season.
HK to tighten regulation on credit rating agencies
AFP - Hong Kong's financial watchdog said Monday that it planned to tighten monitoring of the city's credit rating agencies to meet new standards set by the European Union and other overseas jurisdictions.
France, Germany seek to block deficit states' vote
AFP - France and Germany said on Wednesday they want to suspend voting rights of EU member states which run up excessive deficits and to impose financial sanctions on them.
New Greek statistics chief promises clean data
AP - Greece's new statistics agency chief promised swift reforms Thursday that would produce reliable financial data free from government interference.
Italy's banks pass EU stress tests, banks announce
AFP - All five major Italian banks passed EU banking stress tests on Friday, with capital reserves above the level needed to resist severe financial shocks, the banks announced separately on Friday.
Data and earnings eclipse stress tests
Reuters - Robust U.S. company earnings and surprisingly vigorous euro zone economic data generally trumped investor skepticism about European bank stress tests on Monday to lift global stocks and bolster the euro against the dollar
Upbeat German news lifts European markets
AP - European stock markets mostly rose Tuesday as investors warmed to another batch of better than expected earnings and economic data from Germany, while the euro pushed briefly above the $1.30 mark once again.
British PM works to deepen Indian economic ties
AP - British Prime Minister David Cameron worked to deepen his nation's ties with India on Thursday, using his trip to the former colony turned rising regional power to rake in millions of dollars in new business for the struggling British economy.
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