Frankfurt

EU Slashes Forecasts for Economic Growth

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to “large uncertainty” from slowing growth in China and weakening global trade.

Frankfurt

Germany Slashes Growth Outlook, Citing Brexit and Trade

The clouds darkened over Europe’s slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent’s powerhouse.

The Associated Press

The Times: British Banks are Ready for a Hard Brexit

British banks are prepared for Brexit and European banks have failed to prepare adequately, the head of the Financial Conduct authority has said in comments reported by Britain’s Times newspaper. European regulators are playing rough with British banks to scare businesses

"Obviously the City (of London) is the financial centre for Europe and I think it will remain one of the financial centres of the world," said Eurogroup chief Jeroen Dijsselbloem

Korean Woman Gets 6 Years Over Exorcism Killing in Germany

FRANKFURT AM MAIN (AFP) – A German court sentenced a South Korean woman to six years in jail for the death of her cousin who was beaten and suffocated during an attempted exorcism in a Frankfurt hotel room.

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Frankfurt And London Stock Exchanges To Merge In July

Deutsche Boerse and LSE, the operators of the Frankfurt and London stock exchanges, said Wednesday they intend to seal their planned merger to create a new global player in July. In a brief joint statement, the companies outlined the timetable

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