• ECB in move to set bad debt deadline

      ECB in move to set bad debt deadline

      All banks supervised by the European Central Bank (ECB) will be given a target date to fully provision for their bad debt in line with how they treat new loans, a source familiar with the matter said last Tuesday cited by Reuters. The medium term date may differ from bank to bank and will be an expectation rather than a binding requirement, the source added.

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    • Gdansk mayor dies after stabbing

      Gdansk mayor dies after stabbing

      Pawel Adamowicz, 53, the mayor of Gdansk, who was stabbed several times on Sunday evening during a high-profile annual charity drive in the northern Polish city, has died of his wounds in the hospital. This was confirmed by both the police spokesperson and the surgeons, treating the mayor at University Clinical Centre.

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    • Macron launches national debate to  calm down Yellow vest protests

      Macron launches national debate to calm down Yellow vest protests

      French President Emmanuel Macron launches a three-month national debate he hopes can calm down the “yellow vest” protests, news wires reported. He addressed a letter to the French on Sunday in which he pledged to listen to their ideas, but he stuck to his core economic reform agenda. Macron’s initiative comes after nine weeks of anti-government uprising that has wreaked havoc in Paris and French cities, shaken the economy and challenged his authority.

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    • May hecticly seeks way to pull MPs behind her Brexit deal

      May hecticly seeks way to pull MPs behind her Brexit deal

      British PM Theresa May is making last ditch effort to convince rebel MPs to back her Brexit divorce deal, warning them that Britain's exit from the EU is now in peril from politicians seeking to thwart it. May will also set out new assurances from the EU that it does not aim to sever Northern Ireland from the rest of Britain under the “backstop” requiring EU rules in the province until a better free trade plan emerges.

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    • Greek parliament to hold confidence vote on Wednesday

      Greek parliament to hold confidence vote on Wednesday

      The Greek parliament will open a confidence debate on the government on Tuesday, with the vote expected on Wednesday night, a parliamentary official told Reuters. Greek PM Alexis Tsipras called the confidence vote following the resignation of coalition partner Panos Kammenos and his Independent Greeks party on Sunday over a deal to end a decades-long dispute between Athens and Skopje over Macedonia’s name.

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    • Alps death toll hit 26 this weekend

      Alps death toll hit 26 this weekend

      Three German skiers were killed in a huge snowslide in Austria and two French ski patrollers died when their avalanche control charges detonated unexpectedly as new snow storms caused fresh chaos across the Alps this weekend. The five victims bring the number of weather-related deaths in parts of Europe this month to at least 26 since a “once in a century” snowfalls dumped more than 3m in 48 hours in some Alpine areas in the last week. A further 60 cm of snow is forecast to fall today.

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    • Polish mayor stabbed on stage in Gdansk

      Polish mayor stabbed on stage in Gdansk

      Pawel Adamowicz, mayor of Gdansk, is reportedly in a serious condition in hospital after he was stabbed on stage at a charity fundraiser on Sunday. He was attacked in front of hundreds of people in the city during an event in aid of the Great Orchestra of Christmas Charity, country’s most important charity.

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