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ECB loans slow to reach private sector

March 28, 2012 11:48
Data released Wednesday showed that growth of euro zone bank loans to the private sector slowed to an annual rate of 0.7 percent last month – down from 1.1 percent in January – indicating that the ECB’s “wall of money” has yet to translate into a big increase in lending or borrowing.

Strauss-Kahn lawyers: Not a crime to be a libertine

March 27, 2012 14:02
Henri Leclerc, one of three lawyers representing Strauss-Kahn, said his client’s active “libertine” lifestyle had made him a target and that the evidence against him was “hollow." 

Ireland sets May 31 date for EU pact referendum

March 27, 2012 12:38
Ireland’s three main political parties back the fiscal compact, with the opposition Fianna Fáil party indicating it will support the government and campaign for a yes vote in May.

OECD chief: Europe needs "mother of all firewalls"

March 27, 2012 11:27
Angel Gurría called for decisive action from the 17-member euro zone's finance ministers when they meet in Copenhagen on Friday.

Société Générale wins damages from UK tabloid

March 26, 2012 18:40
Neither Société Générale nor the Mail on Sunday revealed the amount of damages awarded, which the bank says it will donate to charity.

'Cannibal serial killer' arrested in Russia

March 26, 2012 16:52
Alexander Bychkov was being questioned on suspicion of stealing from a hardware store in the town of Belinksy in Russia’s Penza region when he suddenly told police he had killed several people and hid their bodies near his home.

Radical cleric Mullah Krekar jailed for five years in Norway

March 26, 2012 14:11
An Oslo district court found Krekar guilty of threatening the life of Erna Solberg, a former government minister who signed an order expelling the 55-year-old in 2003 because he was considered a threat to national security.

Tight security as Greece celebrates Independence Day

March 25, 2012 13:43
Thousands of police, including hundreds in riot gear, cordoned off streets in the capital city of Athens to allow the country’s annual military parade to proceed.
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