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Ukraine borrows $2 billion from Moscow, signals bailout on track
Ukraine is borrowing another $2 billion from Russia on the same terms as a $3 billion Eurobond sold in December, in a sign that Moscow is pushing on with a $15 billion bailout despite concern about violence at anti-government protests in Kiev.
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Ukraine PM Azarov offers to resign 'to help end conflict'
Ukrainian Prime Minister Mykola Azarov offered his resignation to President Viktor Yanukovich on Tuesday, saying he hoped his departure would help towards a peaceful settlement to two months of unrest which has convulsed the former Soviet republic.
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Top bankers expect EU stress tests to reignite banking M&A
Bankers expect a thorough European Central Bank (ECB) health check of the euro zone's largest banks to reignite domestic and cross-border merger activity by rebuilding confidence among lenders.
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Hungary soon to clinch Russian loan for nuclear plant project
Hungary's development minister said on Sunday the government should soon complete talks with Russia on a multi-billion dollar sovereign loan that would enable it to start work on two new nuclear reactors.
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Russia gives breakdown of $15 billion Ukraine bailout
Russia will tap into a rainy-day fund for most of the $15 billion bailout it promised Ukraine after Kiev scrapped plans for European Union deals that would have pulled it further from Moscow's orbit, Finance Minister Anton Siluanov said.
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Tesla China chief unveils aggressive growth plan for China
U.S. electric carmaker Tesla Motors Inc (TSLA.O) expects its China sales to contribute one third of global sales growth this year, a senior executive said, adding that a trademark issue stalling full-entry into China had been resolved.
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Euro zone to assure IMF it will keep funding Greece
The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.
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Russia gives breakdown of $15 billion Ukraine bailout
Russia will tap into a rainy-day fund for most of the $15 billion bailout it promised Ukraine after Kiev scrapped plans for European Union deals that would have pulled it further from Moscow's orbit, Finance Minister Anton Siluanov said.
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