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Euro news

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Lending to euro zone private sector shrinks again Oct - ECB
FRANKFURT, Nov 27 (Reuters) - Lending to euro zone households and firms contracted further in October, keeping up pressure on the European Central Bank to deliver further stimulus measures to buoy the lacklustre 18-country economy.
Lending to euro zone private sector shrinks again October: ECB
Euro zone banks, especially in crisis-stricken countries, have tightened their purse strings in response to tougher capital requirements and a health check of the sector, while companies have held off investments, unsure of the future.
Telekom Austria eyes 400 mln euro Internet infrastructure spending
The government has promised to invest half of the money it got from a 2 billion euro mobile frequency auction in 2013 on telecoms infrastructure, aiming to leverage private sector investment on improving access to the high-speed Internet services in ...
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FOREX-Dollar dips versus yen, euro after yields fall on soft data
TOKYO, Nov 27 (Reuters) - The dollar edged down against the yen and euro in early trade on Thursday after lacklustre U.S. economic data pushed Treasury yields lower and dulled investor appetite for the greenback.
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Bank of Cyprus posts 76 million euro nine-month profit
Cypriot lender Bank of Cyprus posted a profit of 76 million euros ($95 million) in the first nine months of the year, helped by the disposal of assets in Ukraine, Romania and Serbia.
Restructured Bank of Cyprus posts 5 mn euro Q3 loss  Yahoo! Maktoob News
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Euro dips as German inflation sinks deeper into danger zone
Though German consumer sentiment picked up, annual inflation in the euro zone's biggest economy slowed to 0.5 percent from 0.6 percent in October.
Euro dips after ECB's Constancio says can decide on QE in Q1
The euro has shed more than 9 percent against the dollar so far this year, as investors priced in a chance of outright bond-buying by the ECB as it grapples with sluggish growth and the threat of deflation.
ECB's Draghi calls for comprehensive strategy to put euro economy on track
FRANKFURT (Reuters) - The euro zone's economy needs a comprehensive strategy including reforms to get it back on track, the president of the European Central Bank said on Thursday, adding that the task could not be left to monetary policy alone.
Euro zone litmus tests
German inflation for November is forecast to slip to 0.6 percent and will cue up the euro zone figure on Friday, which is predicted to come in at just 0.3 percent.
Euro-Area Confidence Unexpectedly Increases as ECB Mulls Action
Economic sentiment in the euro area unexpectedly increased in November, a sign the European Central Bank's bid to boost growth and inflation is starting to hit home with companies and consumers.