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Italy: pinning the blame on Brussels

Vincenzo D’Amore, a 34-year-old buffalo mozzarella maker from the small town of Carinola outside Naples, is exactly the type of young business owner who would be expected to celebrate Italy’s membership of the EU and a…

Investors signal concerns with leveraged loans

Investors are pulling back from bonds backed by riskier corporate loans, raising pressure on highly indebted companies that have enjoyed easy access to the $1.3tn leveraged loan market in recent years. Leveraged loan investments have…

ECB to halt expansion of €2.6tn QE programme

Mario Draghi has joined most of the world’s other big central bankers in halting crisis-era stimulus programmes, announcing on Thursday that the European Central Bank would call time on its own €2.6tn bond-buying scheme. The…

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