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Eurozone Recession Nears The End

In July, business activity in the Eurozone recorded a slight increase. This is the first time since the beginning of last year in which...

Eurozone moves closer to banking union

On Wednesday, the Eurozone moved a step closer to a banking union. It revealed a plan for the European Central Bank to regulate banks,...

Arab Monetary Fund unlikely to offer aid to Eurozone

The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim al-Mannai said on Sunday.