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Any further euro-area integration would be complex

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EURO-AREA

The 'five presidents' report', prepared with the presidents of the Eurogroup, ECB and European Council and Parliament, is the result of efforts to restart EU institutional reform…

EU will push for granting MES to China

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INT/CHINA

If not offset by other changes, this will result in lower duties on Chinese imports found to have been dumped in the European market. Such a decision will be commercially…

New sanctions will return US-Russia ties to old ire

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US/INT

The White House has indicated that President Donald Trump will sign the legislation authorising the new measures, despite the fact it limits presidential discretion to waive the…

Maltese elite will continue with dubious growth model

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MALTA

Malta is one of several EU member states recently involved in allegations of money laundering. Prime Minister Joseph Muscat is under pressure, not least in the European…

Imperial succession will boost Japan’s morale

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JAPAN

This is the first succession since Emperor Hirohito died in 1989. Emperors in post-War Japan wield no political power, but feature prominently in domestic politics and are active…

Xi will overturn Party rules

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CHINA

It will focus on 'party discipline' and promises consolidation of President Xi Jinping's approach to politics. It will also set the stage for next year's Party Congress, where Xi…

EU fiscal reform will be modest at best

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EU

Member states will start to negotiate possible reform of the fiscal rules in October, aiming for agreement by March. The outcome will be vital for spending and tax policy across…

France, Italy views to fail in post-Greece euro-area

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EURO-AREA

Euro-area macroeconomic policy positions after the Greek crisis.

Bankruptcy rules will improve SME efficiency in China

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CHINA

However, the sector is held back by inefficiency in resolving financial distress, which prevents effective restructuring, closure and, more broadly, access to bank finance…

EU fiscal rule reform will raise member-state tensions

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EU

Debt and deficit rules have failed. Fiscal policy has become a matter of negotiation between the Commission and EU countries, with the former's judgement mattering more than…