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Greece’s euro future bleak if talks drag on

Bloomberg Greece could again face the threat of being pushed into default and out of the euro area if its current bailout review drags on into June and July, according to European officials monitoring the slow progress of Prime Minister Alexis Tsipras’s negotiations with creditors. Greece still hasn’t cut a deal on pensions, tax administration or its fiscal gap, and ...

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Bank of England can only do so much on housing: Chief economist Haldane

Bloomberg Bank of England chief economist Andy Haldane said there are limits to how much the central bank can restrain the housing market and prevent a price spiral. “There are things we can do at the bank and others can do at the Treasury to damp down demand a bit,” Haldane said at an Open University event in London on ...

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Spain jobless claims fall more than forecast amid impasse

Bloomberg Jobless claims in Spain fell more than anticipated in March, even as the political impasse continues with lawmakers struggling to form a government following an inconclusive vote. New data on Monday showed the number of people registered as unemployed decreased by more than 58,200 people from February, adding to two months of falling unemployment. The decline was greater than ...

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