Thursday, January 31, 2013

Eurozone Business Confidence Hits a Seven-Month High, a Sign That The Worst of The Financial Crisis is Over

Eurozone update from Poland, European Union halts €5bn for Poland over fraud fears, Brussels has frozen the payment of structural funds after contractors on three big highway projects were charged with price-fixing

European Union unveils rail network reform proposal, Vertically integrated companies will have to erect firewalls between their infrastructure and transport services before they can compete for passengers

From Berlin, Germany rejects whole-bank ringfencing, The German plans appear to reduce further the likelihood of a full implementation in Europe of last year's Liikanen report on restructuring banks

Meanwhile, Eurozone business confidence still rising, Confidence among businesses in the 17-state currency bloc hits a seven-month high, in another sign that the worst of the financial crisis is over

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