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Europe

Rising Defence Budgets to Boost Euro Area Growth but Pose Fiscal Risks, ECB’s Lane Warns

Rising defence spending could support economic growth across the euro area, but ECB Executive Board member Philip Lane warns that higher budgets could also create fiscal risks.
Europe

EU Steps Up Support for Cyprus Peace Talks as Raffaele Fitto Visits Nicosia

Nicosia: The European Union has renewed its commitment to supporting peace efforts in Cyprus. EU Special Envoy Raffaele Fitto visited Nicosia on Friday for...

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