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EU carve-up

By Mike Peacock EU leaders meet for a summit at which they were supposed to decide who gets which European Commissioner posts – one for each member state – in what will be a huge carve-up, so huge in...

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EU slowly tightens screw

By Mike Peacock The EU is slowly tightening the screw on Russia, with senior officials proposing yesterday to target state-owned Russian banks in its most serious sanctions so far. Ambassadorial talks...

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EU forecasts put France, Italy under the microscope

By Mike Peacock After euro zone inflation ticked up for the first time in many months and the latest PMI surveys showed factory activity expanded only very slightly last month, today the European...

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Another reverse for Greece with Berlin yet to come

By Mike Peacock Last night, after Greece’s new Finance Minister Yanis Varoufakis met Mario Draghi, the European Central Bank cancelled its acceptance of Greek bonds in return for funding, shifting the...

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Tsipras not for turning

By Mike Peacock Alexis Tsipras is not for turning, not yet anyway. Speaking in parliament on Sunday night the new Greek premier said he would not accept an extension to Greece’s current bailout,...

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Long night of talks in Brussels and Minsk

By Mike Peacock A long night of talks in Brussels and Minsk. Despite going into the early hours of the morning, euro zone finance ministers failed to reach agreement on a way forward with their Greek...

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Greek talks about talks

By Mike Peacock The Greek standoff is coming to a head. A day after euro zone finance ministers couldn’t “even agree to disagree” Greek Prime Minister Alexis Tsipras, attending his first EU summit,...

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A moment of truth

By Mike Peacock A meeting of euro zone finance ministers is tasked with producing a deal to keep Greece solvent, which is acceptable to both sides. A similar meeting last week got nowhere despite seven...

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ECB to fill in the QE gaps

By Mike Peacock The European Central Bank is holding its monthly meeting – an offsite gathering in Cyprus – and is about to commence its quantitative easing bond-buying programme. We can expect to get...

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Looking for Greek hints from ECB

By Mike Peacock It’s European Central Bank day and with quantitative easing now well underway any morsels it hands out on its approach to Greece are likely to capture the headlines. All sides seem to...

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