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The Italian Banking Association announced it would be ready to start work on a European central bank digital currency.

Banks have rushed to borrow a record €1.3tn from the European Central Bank at deeply negative interest rates, in the latest.

In an effort to get gears turning in the global economy, a new proposal could help with spending – and give us some time off.

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The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. The Association stated.

The coronavirus crisis will create room for mergers and acquisitions between euro zone banks, both domestically and.

Bund yield held steady around the one-month low it touched last week as traders debated whether the stimulus from the European Central Bank was adequate protection against a second wave of coronavirus.

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