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Νews about the accelerating economic debt crisis in EuroZone
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European elections to test Renzi’s chances to reform Italy

European elections to test Renzi’s chances to reform Italy | Eurozone | Scoop.it
Next week's European parliamentary elections have turned into a showdown between Italian Prime Minister Matteo Renzi and the anti-establishment movement of comic Beppe Grillo that could decide the future of the government.
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2014 - year of growth in Germany?

2014 - year of growth in Germany? | Eurozone | Scoop.it
The German economy grew strongly in the first quarter of 2014 and all signs point towards a recovery. However, there are still risks in the form of the Ukraine crisis and a weakening eurozone.
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Germany Sets New Record, Generating 74 Percent Of Energy Needs From Renewable Energy

Germany Sets New Record, Generating 74 Percent Of Energy Needs From Renewable Energy | Eurozone | Scoop.it
Germany's impressive streak of milestones continued on Sunday, with renewable energy generation surging to a record portion of the country's overall energy demand by midday.
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Euro zone's planned banking union carries a number of risks, ECB's Ewald Nowotny said

Euro zone's planned banking union carries a number of risks, ECB's Ewald Nowotny said | Eurozone | Scoop.it
While the euro zone's planned banking union will help to restore trust in the currency bloc's banks, it also carries a number of risks, European Central Bank governing council member Ewald Nowotny said.
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Draghi: ECB 'comfortable with acting next time'

Draghi: ECB 'comfortable with acting next time' | Eurozone | Scoop.it
The European Central Bank sent an unusually strong signal Thursday that it would likely cut interest rates or take other stimulus measures at its June meeting to combat too-low inflation.
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Italy's new leader on why his country will never be normal

Italy's new leader on why his country will never be normal | Eurozone | Scoop.it
Italy’s Prime Minister Matteo Renzi spoke to TIME on April 24 in his first interview with a non-Italian news organization since becoming premier in February. The conversation touched on a wide range of topics, from his plans to reform the Italian political system to his desire for a United States of Europe
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Cyprus ‘worse off’ after EU accession

Cyprus ‘worse off’ after EU accession | Eurozone | Scoop.it

CYPRUS has been “a clear loser” of EU membership, according to a comparative report by The Economist.

The influential publication looked at how the ten EU member states that joined the bloc as part of the ‘big bang’ enlargement in 2004 have fared in the last decade.

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France set to miss key deficit target - European Commission

* Commission sees French budget deficit at 3.4 pct in 2015* Spain set to miss its deficit goal too* Greece, Portugal deficits seen fallingBy Jan StrupczewskiBRUSSELS, May 5 (Reuters) - France will
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Brace for ECB Action. In June

Brace for ECB Action. In June | Eurozone | Scoop.it
Analysts and investors are gearing up for more action in the form of a rate cut or even a more structured quantitative easing program later in the year from the European Central Bank. BlackRock says the meeting to watch is the one in June, not next week.
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Can Italy find its way back? Hardened habits prove hard to overcome

Can Italy find its way back? Hardened habits prove hard to overcome | Eurozone | Scoop.it
Italy's struggles against entrenched interests and hardened habits show how the European crisis has mutated from an acute condition to a chronic one.
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Greece drops further in press freedom rankings, according to NGO

Greece drops further in press freedom rankings, according to NGO | Eurozone | Scoop.it

Greece lost five points in terms of its press freedom last year and now ranks 92nd out of 197 countries, according to an annual report by Freedom House, published on Thursday.

The US-based non-governmental organization rated the media in Greece as being “partly free.” It placed Greece below Mozambique but just above Lesotho in terms of the freedom of reporting.

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Slovenia yields surge after PM loses party leadership

* Slovenia's yields jump on political uncertainty* Fitch upgrade of Spain drives Spanish yields lower* Economic fundamentals of euro zone peripherals improvingBy Emelia Sithole-MatariseLONDON, April
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Italy's Berlusconi: 'Germans deny death camps'

Italy's Berlusconi: 'Germans deny death camps' | Eurozone | Scoop.it
Former Italian Premier sparked anger by claiming Germans deny that Nazi-run death camps ever existed.
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Olive Oil, Honey Could Help Lift Greece Out of Recession

Olive Oil, Honey Could Help Lift Greece Out of Recession | Eurozone | Scoop.it
Greek Prime Minister Antonis Samaras is calling on manufacturers of traditional foods and beverages, from fish-roe producers to honey makers, to play a bigger role in transforming the country into an export economy.
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Portugal's central bank says the country's economy needs more help

Portugal's central bank says the country's economy needs more help | Eurozone | Scoop.it
Portugal's central bank issued a resounding warning Thursday to the government and banks that while the country has successfully exited a €78 billion ($106.6 billion) bailout program, much more needs to be done to put the economy on the right track.
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What can save the European Union?

What can save the European Union? | Eurozone | Scoop.it
The EU was designed to bind a continent together in peace. It transformed Europe politically and economically, but now critics rage at waste, austerity economics and a democratic deficit. Ahead of European elections, Julian Coman travels to Italy, France and Belgium to find out: is the postwar dream over?
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Finland's finance minister may face ouster over party vote

Finland's finance minister may face ouster over party vote | Eurozone | Scoop.it
HELSINKI (Reuters) - Finland's social democrats will vote on Friday whether to oust their leader, Finance Minister Jutta Urpilainen, from the party's helm in a move that would lead to her quitting her
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S&P lifts Portugal outlook to stable from negative

S&P lifts Portugal outlook to stable from negative | Eurozone | Scoop.it
Standard & Poor's Ratings Services on Friday raised Portugal's outlook to stable from negative on improved economic and market conditions, but didn't raise its rating as widely expected.
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Greece Ranks Second on 2014 Blue Flag Beach List

Greece Ranks Second on 2014 Blue Flag Beach List | Eurozone | Scoop.it
The Hellenic Society for the Protection of Nature announced 21 new Greek Blue Flag beaches and marinas for 2014. Greece ranked 2nd among 51 countries worldwide.
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Portugal decides on 'clean exit' from bailout

Portugal decides on 'clean exit' from bailout | Eurozone | Scoop.it
LISBON (Reuters) - Portugal said on Sunday it would exit its three-year 78-billion-euro bailout this month without a precautionary credit line, as the country returns to growth after years of painful austerity
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Will the ECB cut interest rates further this week?

Will the ECB cut interest rates further this week? | Eurozone | Scoop.it
Bank under pressure following concern Euro zone is unduly close to deflation
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Gazprom to Build Pipeline to Austria as Gas Beats Tensions

OAO Gazprom agreed with oil and gas producer OMV AG to extend a planned natural gas pipeline into Austria, on the same day the European Union expanded sanctions against Russian officials.
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Euro-Area Manufacturing Growth Accelerates From Germany to Italy

Euro-Area Manufacturing Growth Accelerates From Germany to Italy | Eurozone | Scoop.it
Euro-area manufacturing grew at the fastest pace in three months in April on accelerating expansion in Germany and Italy, evidence the currency bloc’s recovery remains on track.
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Strong euro is a powerful deflationary factor: ECB's Noyer

Strong euro is a powerful deflationary factor: ECB's Noyer | Eurozone | Scoop.it
PARIS (Reuters) - The euro's current strength is a powerful deflationary factor and low inflation is likely to persist in the euro zone for some time, European Central Bank policymaker Christian Noyer
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Portugal to Choose Irish Exit Route as Yields Sink

Portugal to Choose Irish Exit Route as Yields Sink | Eurozone | Scoop.it
Banks are telling clients that Portugal is strong enough to exit its bailout program next month without the need for a financial backstop.
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