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The question is more important than the answer
Travel balance moderates in June as spending per trip drops by 6.2% YoY
Greece's travel balance recorded a surplus of 3.12 billion euros in June, compared to 2.02 billion euros in May, according to data released by the Bank of Greece (BoG) on Friday.
How climate risk is starting to ‘cascade’ into the US economy
Also in today’s newsletter, did companies pay a price for keeping DEI schemes under Trump?
FTAV Q&A: Darrell Duffie
The money market savant on what the Fed should do about its balance sheet
OECD warns young Greeks face deep structural barriers to work, family and housing
The latest OECD report on the challenges faced by young people in Greece captures the complex landscape they must navigate and the hurdles they encounter in their efforts to achieve financial independence, find stable employment, start a family and secure housing.
Mitsotakis moves to repair key electoral alliances with pension and pay rises
As Greece enters the long pre‑election season after the summer break, the government is preparing a series of pension and pay interventions aimed at restoring its strained relationship with two of the country’s most politically significant constituencies: pensioners and public sector workers.
Monte dei Paschi launches twin takeover bids to create €70bn Italian bank
Latest twist in a protracted run of consolidation of Italian financial services groups
Trump’s Economic Threat Puts Focus on Iran’s Trading Partners
President Trump appeared to suggest that the United States would impose economic penalties on countries that do business with Iran, though he did not specify what actions he would take.
How money-market funds are providing stock market rocket fuel
An ABC on ABCPs
Asia’s rising riches protect insurers against China’s policy shifts
So long as the region’s wealth accumulation continues to outpace that of most developed economies
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