EU leaders to push for bold structural reforms at upcoming summit

FXStreet (Łódź) - According to information leaked ahead of the EU summit scheduled for 26-27 June, the Member States' leaders will push for the implementation of bold structural reforms aimed at boosting growth in the area.

They are also expected to call for "differentiated budget consolidation policies" that pay attention to growth and are in line with the stability pact, an Italian government source said.

ECB to crry out regular AQR and stress tests

Danièle Nouy, President of the Supervisory Council at the ECB, said at a banking conference in Dublin today that the central bank would carry out regular asset quality review and stress tests of Eurozone banks.
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EUR/JPY falls to 6-day low

The EUR/JPY gapped lower and accelerated to a 6-day low during the European session, weighed by softer-than-expected Eurozone manufacturing PMI.
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