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THE TALK OF PARIS (part 2): European Central Bank president Jean-Claude Trichet tells FRANCE 24 that Europe needs to find its own solutions, and that to follow the US example would be naïve.
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Michael Savage Nation Prank Call ECB Get Aids and Die. Michael Savage was fired right after the show ended that day for his response to my call!
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The Reserve bank of India on Wednesday liberalised the ECB norms further. It announced that ECB upto $500 mn would be under automatic route. The Central Bank has widened interest rate ceiling for ECBs. The interest rate ceiling for 3-5 years now would be libor+300 bps. The interest rate ceiling for more than five years would now be libor+500 bps.
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http://www.eux.tv/Ar ticle.aspx?articleId =20547
Finance ministers of the countries in the eurozone, the European Central Bank and the European Commission met on Monday in Luxembourg to find ways to guarantee depositors' savings in Europe.