| UPDATED: 21:24, Tue, Mar 16, 2021
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Mario Draghi: Eurozone economy weaker than expected Sign up to receive our rundown of the day s top stories direct to your inbox
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Voting continues in the Netherlands in a general election that is largely seen as a referendum on the government’s handling of the coronavirus pandemic. Incumbent Prime Minister Mark Rutte and his centre-right People’s Party for Freedom and Democracy (VVD) are expected to win a fourth term in office – even if his party has been rocked with scandal and accusations that it has mismanaged the pandemic. Opinion polls show the VVD is ahead of the pack when it comes to voter popularity.
| UPDATED: 16:29, Fri, Feb 26, 2021
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Warren Buffett hopes the US doesn t join the EU in 2011 Sign up to receive our rundown of the day s top stories direct to your inbox
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Europe’s economic pain is expected to worsen before it gets better, potentially boosting the popularity of populist leaders and the need for more action from the European Central Bank (ECB), analysts have warned. While the International Monetary Fund upgraded its global growth forecasts at the end of January, it said the outlook for the eurozone had deteriorated. The Fund cut its growth expectations for the region by one percentage point to 4.2 percent this year.
| UPDATED: 17:46, Tue, Feb 23, 2021
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ECB conference: Mario Draghi discusses policy stance Sign up to receive our rundown of the day s top stories direct to your inbox
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The former President of the European Central Bank, Mario Draghi, has been sworn-in as Italy s next Prime Minister. Mr Draghi, a prominent economist, accepted the top role on February 12 and later that day read out a list of ministerial picks designed to create consensus among political parties. Italy s government crisis was triggered in January when former Prime Minister Matteo Renzi s Italia Viva party withdrew its support from the coalition, amid a row over how to spend the €200bill
| UPDATED: 12:47, Mon, Feb 22, 2021
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Warren Buffett discusses EU and the euro in 2011 Sign up to receive our rundown of the day s top stories direct to your inbox
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The eurozone is on course for a double-dip recession after the second wave of COVID-19 infections during the last quarter of 2020 sent the recovery into reverse. As a result of national governments introducing new restrictions and lockdowns to try to curb the spread of the virus, the eurozone’s GDP fell by 0.7 percent from October to December. With lockdowns likely to persist through much of the first quarter of 2021 and the EU s sluggish start of its vaccine rollout programme, analysts b