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Swedish central bank gains backing for revised inflation target

  Bloomberg The Riksbank may finally get what it wants after the country’s key economic players backed calls for Sweden’s central bank to be granted more time to reach its inflation target when aggressive interest cuts risk causing havoc to the economy. In response to a review of the Riksbank commissioned by parliament, most institutions also called for the bank ...

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Euronext to plot ways to block deal creating European Titan

  Bloomberg Stock exchange operator Euronext NV is evaluating how to create roadblocks to a merger between its London- and Frankfurt-based competitors because of concern the deal would marginalize its own role in European trading, according to people familiar with the matter. Euronext is working with advisers, including consultants and lawyers, as it prepares to argue to regulators in Brussels ...

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Spain to miss deficit target in 2016 as growth slows

  Bloomberg Spain is set to miss its deficit target as a cooling global backdrop holds back economic growth, Acting Economy Minister Luis de Guindos said on Tuesday as he presented the budget plan to parliament. The deficit will be 3.6 percent of gross domestic product this year, missing a target of 2.8 percent. That means Spain would require an ...

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