VIENNA, Dec 21 - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper.
BERLIN, Dec 20 - European Central Bank Vice President Vitor Constancio said in a magazine interview he expected the euro zone inflation rate to turn negative in the coming months but that if this was just a temporary phenomenon, he did not see a risk of deflation.
* Budget moves on to lower house, must pass by end of year
BERLIN, Dec 20 - ECB Vice President Vitor Constancio said in a German magazine interview that he expected the inflation rate to turn negative in the coming months but added that if this was just a temporary phenomenon, he did not see a risk of deflation.
(Recasts to detail decision on BNDES support; adds background from paragraph 4)
** This Diary is filed daily ** ----------------------------------------------------------- TOP ECONOMIC EVENTS
NEW YORK, Dec 19 - Condor Capital Corporation, a subprime auto lender, agreed to surrender its licenses in all states and sell its remaining loans to settle a New York lawsuit accusing the company of stealing millions of dollars from borrowers.
BRASILIA, Dec 19 - Brazil's main economic policymaking body on Friday raised for the first time in almost two years the interest rate at which state development bank BNDES pegs its loans, in a bid to trim billions of reais in subsidies that are weighing down public finances.
Dec 19 - The biggest investor in Meredith Whitney's hedge fund has demanded his money back and two executives have left in the past month, Bloomberg reported, citing a person with knowledge of the firm.
(Updates prices to close, adds comment) * U.S. stocks post best three days since 2011 * Rouble bounces 5 percent; oil tops $62 a barrel By David Gaffen NEW YORK, Dec 19 - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note. Wall Street rose, and the S&P 500 came within a few points of its closing record high. The index has gained 5 per
No related dividends are currently scheduled within the next 7 days.