Snow urges faster growth in eurozone
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Sluggish growth in the eurozone is holding back the global economy, according to the US Treasury Secretary John Snow. Speaking during a visit to Dublin, he said the zone was growing at &quot;below its potential
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The European Central Bank leaves eurozone interest rates on hold at 2%, and upgrades its economic growth forecasts.
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ROMA - L&#39;euro vola a nuovi record fino a sfiorare quota 1,3050 dollari dopo che il segretario americano al Tesoro, John Snow, ha lasciato intendere che non ci sara&#39; alcun tipo di intervento per arginare l&#39;indebolimento del dollaro.
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The Federal Reserve and the European Central Bank painted contrasting pictures of the US and European economies on Thursday, with Ben Bernanke, Fed chairman, depicting a US economy that could continue to grow rapidly without generating inflation, while the ECB hinted that further interest rate rises were needed to stem inflationary pressure in the eurozone.
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Business & money: House prices in Spain have risen at a faster pace than anywhere else in the eurozone.
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The US economy grew by 3.9 per cent in the third quarter of this year, a US government press release stated. On another quarter of robust growth, the US treasury secretary, John Snow, said, `America`s Gross
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The European Union told Italy, France and Germany &#151; the three biggest economies in the euro area &#151; Wednesday to do more to bring their budgets in balance as required by the rules of Europe's single currency.
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The German economy, the biggest in the 12-country eurozone, will grow by 2.0 to 2.5 percent this year -- a faster rate than originally forecast, Economy Minister Michael Glos has said.
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U.S. Treasury Secretary John Snow on Tuesday pledged a renewed drive to get countries like China to adopt flexible currency rates so that U.S. trade deficits do not continue to swell.
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New data shows third-quarter slowdown in euro-zone growth
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The United States would like the dollar to strengthen but believes international currency markets should be left to set its value, U.S. Treasury Secretary John Snow said Monday.
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Jean-Claude Trichet, president of the European Central Bank, hinted yesterday that an increase in interest rates was not on the horizon as eurozone inflation dropped to an annual rate of 2.2 per cent.
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U.S. Treasury Secretary John Snow on  Friday said he was optimistic that China intends to introduce  more flexibility into its currency but said Beijing must match  actions to its words.
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BEIJING, Aug.21(Xinhuanet) -- A top European Union economic official says he expects economic recovery to continue in the Euro zone despite soaring oil prices.
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Europe appears to be on the brink of a period of sustained economic growth but it is essential that governments step up the pace of structural reform, the French central bank chief has said.
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The current strength of the euro represents an "extraordinary burden and risk" to the economy and the European Central Bank should keep interest rates at a level that is "favourable" to growth, German Economy ...
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Industrialised economies are growing at 3.1 percent this year, the OECD said as it warned that the United States may have to raise interest rates further but that the European Central Bank should wait.