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EU’s Gentiloni: Italy should now spend EU money for recovery but should keep debt under control

Italy should now spend the EU money for recovery but in mid-term should keep debt under control to not end up in difficulty later, said the European Union (EU) Economic Commissioner Paolo Gentiloni a day after the EU Summit on the recovery fund.

 

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USD/IDR Price News: Indonesian rupiah mildly bid below 14,800 amid coronavirus woes, USD pullback

USD/IDR extends recovery gains from 14,710 to 14,763, up 0.36% on a day, during the pre-European session on Thursday. While the US dollar’s pullback f
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Germany’s IFO: Economy likely to shrink by 6.6% this year

Germany’s highly influential institute IFO is out with its view on the economic outlook, noting that the economy likely to shrink by 6.6% this year. m
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