• Italy govt approves decree to bail out troubled banks


    The Italian government approved a decree to create a 20 billion euros fund to rescue troubled banks. (Il Sole 24 Ore)

  • German Jan consumer confidence seen at 9.9 vs 9.8 in Dec


    Consumer confidence in Germany in January is seen coming in at 9.9 slightly up from 9.8 in December as economic expectations pick up slightly and income expectations have seen significant growth while propensity to buy has suffered moderate losses, according to data released by market research institute GfK. (Il Sole 24 Ore)

  • Italy 2016 GDP now seen up 0.9%


    Italy's gross domestic product (GDP) is now seen rising 0.9% in 2016, according to a revised forecast from Italian research institute Prometeia, above its previous estimate for the year of 0.7% growth. (Il Sole 24 Ore)

  • Italy seeks billions to shore up troubled banks if needed


    Italy's new government is asking parliament to approve up to an additional 20 billion euros in funding to rescue Italy's troubled banks, if necessary. (Cnbc)

  • Italy Oct trade surplus 4.3 bln eur


    Industrial product import prices in the month of October rose 0.9% compared to the previous month and were down 0.8% on the year earlier. (Il Sole 24 Ore)

  • Fed's Lacker says more than three rate hikes likely needed in 2017


    The Federal Reserve will likely need to raise interest rates more than three times next year and faces challenges in gradually cooling off the U.S. economy, Richmond Fed President Jeffrey Lacker said on Friday. (CNBC)

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