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Current euro-zone interest rates are right for the region's economic development, a European Commission official said Thursday at a European Union-Southeast Asia economic conference in Kuala Lumpur.
LONDON (Reuters) - Finance ministers from the world's richest nations headed for London on Friday to discuss free trade and the world economy as well as say farewell to Alan Greenspan, who soon bows out after 18 years as U.S. central bank chief.
CHINA, which raised benchmark bank lending rates for the first time in 18 months on Thursday, has prompted sky-high world oil and commodity prices and some major stock markets to make a U-turn.
ROME (Reuters) - Italian President-elect Giorgio Napolitano will be sworn in before parliament as the country's first ex-communist head of state on Monday, starting a busy week in politics which will also bring a new prime minister.
ROME (Reuters) - Romano Prodi was finally sworn in as Italy's new prime minister on Wednesday and vowed to soothe political tensions in a country split in two by the closest election in its post-war history.