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Euro area financial stability conditions have improved as recession risks decline, but markets remain exposed to possible adverse macro-financial and geopolitical surprises Tight financial conditions are testing the resilience of vulnerable euro area households, firms and governments, while downturn in property market presses real estate firms Euro area ...
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Senator Bob Menendez’s bribery trial began Wednesday with a US prosecutor telling jurors that the New Jersey Democrat took cash, gold bars and a luxury car from two businessmen to perform favors for them and corruptly help the Egyptian government. Menendez, the former chairman of the Senate Foreign Relations Committee, is also accused of illegally helping ...