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| EU Softens Push to Prevent Clients From Exiting Troubled Banks The changes sought are necessary to avoid "unintended negative consequences to financial markets" and to provide "a fit-for-purpose tool that should be available to resolution authorities," according to the document. A spokeswoman for the Bulgarian presidency declined to comment on the document.
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| Jim Willie: The Bond Market Is The Fuse That Will Light The Financial Markets Bonfire Once the fire starts, "China and the Eurasian Trade Zone will take great advantage of the unfolding financial crisis to usher in the Gold Standard"
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