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Eurozone Consumer Confidence Boosted by Oil Price

published about 2 hours ago
Consumers in the 18 countries that share the euro became slightly more upbeat in December, likely reflecting the boost to real incomes from falling oil prices.

U.K. to Criminalize Manipulation of Financial Benchmarks

published about 5 hours ago
Manipulating financial benchmarks, including a key currencies benchmark, is set to become a criminal offense that could carry a prison sentence of up to seven years, Chancellor George Osborne said on Monday

Not Quite Checkmate for the Bundesbank

published about 6 hours ago
The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over surrender terms, says Simon Nixon.

European Markets Register Modest Gains

published about 6 hours ago
European markets clung to the expectation of further stimulus from the ECB, with the yield on Spanish government debt sinking to a record low in quiet holiday-time trading.

Spain's Princess Cristina to Stand Trial

published about 8 hours ago
A Spanish judge ordered Princess Cristina de Borbón, the sister of the country’s king, to stand trial on tax-fraud charges, in what will be the first trial of a Spanish monarch’s relative.