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EU opens disciplinary procedures against Italy

Stefano Montesi – Corbis | Corbis News | Getty Images European Affairs Commissioner, Pierre Moscovici speaks during a joint press conference with Italy’s Minister of Economy and Finances following their meeting at the Economy Ministry on October 18, 2018 in Rome, Italy.  The European Union announced it will look to …

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Italy markets whipsaw on conflicting reports the government could revise plans

Andreas Gebert | Getty Images News | Getty Images Italian Interior Minister Matteo Salvini speaks during a statement after a bilateral meeting prior to the European Union member states’ interior and justice ministers conference on July 11, 2018 in Innsbruck, Austria.  Italy’s Deputy Prime Minister Matteo Salvini could be willing …

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Bayern Munich reports a rise in revenues

Martin Rose | Getty Images Bayern Munich players celebrate victory in the UEFA Champions League final, 2013 “Apart from the sporting success with victory of the German league title and the good run in the Champions League, these results are proof that Bayern also had a good year in financial …

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Deutsche Bank shares hit a record low as it gets drawn into the Danske scandal

Krisztian Bocsi | Bloomberg | Getty Images Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany. Wilkinson said two American banks were also involved in handling U.S. dollar payments for Danske Bank in Estonia. Alongside Deutsche, J.P. Morgan and Bank of America cleared dollar transactions for Danske’s Estonian …

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Renault and Nissan’s Ghosn to be arrested for financial violations

Philippe Wojazer | Reuters Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, speaks during a news conference in Paris, France, September 15, 2017. Nissan said its Chairman Carlos Ghosn is under investigation after he allegedly violated Japanese financial law. The auto giant said in a statement Monday that “over …

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British PM May says changing leadership will delay Brexit 

Jack Taylor | Getty Images News | Getty Images LONDON, ENGLAND – NOVEMBER 14: British Prime minister, Theresa May delivers a Brexit statement at Downing Street on November 14, 2018 in London, England. Theresa May addresses the nation after her cabinet of senior ministers met and approved the wording of …

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ECB Draghi hints at a possible dip for inflation

Ralph Orlowski | Reuters European Central Bank (ECB) President Mario Draghi addresses a news conference at the ECB headquarters in Frankfurt, Germany July 20, 2017. Mario Draghi, the president of the European Central Bank (ECB), hinted at the possibility of inflation not rising as quickly as expected due to euro …

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UK leader Theresa May pledges to fight for her Brexit deal

Parbul TV | Reuters TV A still image from a video footage shows Britain’s Prime Minister Theresa May speaking during Prime Minister’s Questions in the House of Commons, in central London, Britain November 14, 2018.  U.K. Prime Minister Theresa May defended her draft plans to withdraw the United Kingdom from …

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Brexit may harm ‘unstable’ Italy, says Enrico Letta

Jack Taylor | Getty Images News | Getty Images Pro-EU protesters demonstrate against Brexit with flags outside the House of Parliament on November 13, 2018 in London, England.  The former prime minister of Italy has told CNBC he fears for stability in Europe, and Italy in particular, should there be …

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EU’s Malmstrom hopes European Union will approve draft Brexit deal 

Jack Taylor | Getty Images News | Getty Images Pro-EU protesters demonstrate against Brexit with flags outside the House of Parliament on November 13, 2018 in London, England.  European Union Trade Commissioner Cecilia Malmstrom told CNBC on Wednesday she hopes that EU member states will approve the new draft Brexit …

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