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European Commissioner For Economic And Monetary Policy

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G20 promises transparency on rate moves as global economy disappoints

World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected US rate rise a risk to growth, a draft......

Biz leaders echo Modi's view on growth triggers

Prime Minister Narendra Modi will push for stepping up global cooperation against the key issue of cross border tax avoidance and evasion at the G20 summit Echoing Prime Minister Narendra Modi's......

Corporate group-run banks: Are they USEFUL?

  It is generally agreed that lending is currently constrained because existing banks are short of capital and their risk appetite is low due to the economic slowdown, notes Jaimini Bhagwati......

Fiscal consolidation: What needs to be done

Stronger fiscal surveillance should be accompanied with broader macroeconomic surveillance, to go to the roots of sustainable growth, says Olli Rehn. Ten days ago, the European Union took bold and......

EU gears up to prevent another crisis

The European Commission has unveiled plans for a radical reform of the European Union's economic governance to tackle the underlying causes of the current debt crisis in the euro area. The......

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