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EIB plans non-EU loans to stem migration crisis

  BRUSSELS / Reuters The European Investment Bank (EIB) wants to make more loans outside the 28-nation European Union to help tackle the migration crisis and will present plans to European Union leaders at their next meeting in June, its president said in a recent interview. Werner Hoyer cited rules that say the bank must lend 90 percent of its ...

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Spain’s Bankia pays €1.2 billion over failed listing

  Madrid / Bloomberg Spain’s state-rescued lender Bankia said it has paid out 1.2 billion euros ($1.35 billion) in compensation to small investors who bought into its failed stock market listing in 2011. The bank returned money to over 190,000 people, either through its own claims scheme or following legal challenges, it said in one of the recently released statements. ...

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An amusement park for taste buds!

  Bologna / DPA A group of Italians stares out onto a market from an office in Bologna where they are discussing plans for a new gourmet amusement park which only Italians could have dreamed up. Although much of the world is familiar with pizza and pasta only, Italians relish a rich-tasting array of meats, exotic vegetables, cheeses and sauces ...

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