Call for Europe to embrace single payment zone
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The multibillion-euro benefits of moving to a pan-European banking system in which payments across national borders are handled as conveniently as domestic transactions, will only accrue if banks, retailers and consumers embrace the project quickly and comprehensively, it was claimed on Monday.
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WASHINGTON, Mar 10 (IPS) - Campaigners across Europe have called on their   governments to withhold funds from the World Bank unless  specific changes  are made to policy and practice at the  Washington-based public lender. But  analysts say that if the  past is any indication, a positive response is  unlikely.
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Eurozone experts are growing increasingly cautious about the outlook for growth in the single currency area in the face of the anticipated slowdown of the global economy, a new poll conducted by the European ...
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The European Commission unveils plans to make people feel safer buying things online from other countries.
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Europe must show a &quot;determined, unwavering pursuit of economic reform&quot; or risk endangering its status as a &quot;global economic leader&quot;, EU trade commissioner designate Peter Mandelson warned.
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PSA Peugeot Citroen  Chief Executive Christian Streiff said a strong euro was a handicap for European automakers and would require extra efforts to reduce costs that could involve producing more in low-cost countries.
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US mortgage banks have begun looking to Europe for funding options outside the Federal Home Loan Banking system, in part as a response to proposed changes to how the system is regulated.
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The European Union and the United States should try to reach a deal quickly on the way financial transactions are monitored to help the fight against terrorism, the European Commission's security chief said.
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European Union Competition Commissioner Mario Monti said Santander Central Hispano SA&#39;s bid for Abbey National Plc would boost the integration of the European banking market if it succeeds
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BRUSSELS, Oct 19 (IPS) - The European Union must step up its efforts to  ensure that âgender mainstreamingâ is central to its development  agenda, leading development groups are urging.
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One can't allow in Europe that some countries say 'we're sufficiently rich to lower our taxes' -- to as low as zero in some cases -- but at the same time ask the countries of old Europe to pay structural funds ...
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European Union finance ministers said yesterday that Europe and the US must both act to stem the euroâs rise against the US dollar.
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The EU leadership issue is essential. This entity, whose powers are so extensive, needs firm leadership.
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Defenders of financial rigour in the European Union attacked Tuesday a German call for a radical overhaul of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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The European Central Bank is set to lift its key interest rate by a quarter of a percentage point at a meeting in Paris, economists say, despite lower euro-zone inflation and protests by workers' representatives looking for a pay rise.
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UK, US, Swiss, Europeans and Canadians take unprecedented action to ease credit crisis
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Mastercard must drop fees it charges for cross-border transactions or face daily fines of 3.5 percent of daily global turnover, European Union regulators said Tuesday.