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Catalonia cannot compete with the confidence in Spain

With less than 50 days to go to the general elections, which perhaps may be more decisive than on other occasions, and the Catalan Parliament voting on the start of the secession from Spain, neither economic nor political confidence is faltering.


Greek banks will not need full amount of EU bailout

Athens may need no further than €10 billion to recapitalise its main financial institutions. These are the funds in the Hellenic Financial Stability Fund to cover the sector’s requirements. Looks like in Brussels there is a broader consensus that the figures revealed by the ECB are “encouraging”.