Brussels: Brussels to recommend Latvia joins euro, Brussels ba...


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Financial Times
Brussels
Tuesday June 04 2013

EU - latest Eurozone and European Union news headlines - FT.com
 
Brussels to recommend Latvia joins euro
Latvian membership seen as a chance to tout single currency's continued attractiveness but implementing anti-money laundering rules 'remains key'
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/20JY4Z/RF/h?a1=2013&a2=6&a3=4
 
Brussels bank plans clash with Berlin
Commission proposals to give itself powers to shut down lenders largely ignore German legal and political concerns and objections to centralisation
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/PNMCG1/RF/h?a1=2013&a2=6&a3=4
 
The folly of playing politics with Europe
Why would citizens applaud more integration if the loss in national strength is not compensated with more democratic decisions at EU level?
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/SUWAOL/RF/h?a1=2013&a2=6&a3=4
 
ECB shuns 'big bazooka' to boost lending
A review suggests the blockage in lending remains weakened bank balance sheets which would not warrant direct intervention in the SME borrowing process
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/WHY520/RF/h?a1=2013&a2=6&a3=4
 
Short selling in EU dominated by 10 firms
Rules requiring position reporting show three-quarters of investors held seven or fewer short positions, despite concentration at the top
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/20JY4M/RF/h?a1=2013&a2=6&a3=4
 
Eurozone manufacturing downturn eases
Revised PMI survey data show manufacturing is still contracting in all major eurozone members but at its slowest pace since February 2012
http://link.ft.com/r/J0VG55/6A9QRW/EWTCE3/WTPEIJ/Q35V81/RF/h?a1=2013&a2=6&a3=4
 
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