The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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EU: 13 banks broke antitrust rules in derivatives

European antitrust authorities have concluded that 13 investment banks colluded to prevent the move of the lucrative global business of trading credit derivatives to regulated exchanges
The European Commission, the European Union's executive arm and main antitrust enforcer, said Monday it has sent preliminary charges to the banks related to activities between 2006 and 2009
The banks are Bank of America Merrill Lynch, Barclays, JP Morgan Chase & Co., Bear Stearns--now owned by JP Morgan--BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Royal Bank of Scotland and UBS AG, the Commission said
It also sent charges to the International Swaps and Derivatives Association, an industry group controlled by the banks, and Markit, a data provider owned by the banks

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