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Austrian banks unaffected by banking turmoil

Austrian banks unaffected by banking turmoil

© Reuters. FILE PHOTO: The logo of Raiffeisen Bank International (RBI) is seen on their headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard Foeger ZURICH (Reuters) – Austria’s government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country’s financial sector, Finance Minister Magnus Brunner said…

Yellen urges IMF to press creditors to finalize debt restructurings

Yellen urges IMF to press creditors to finalize debt restructurings

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen delivers remarks at the National Association for Business Economics 39th Annual Economic Policy Conference in Washington, U.S., March 30, 2023. REUTERS/Leah Millis WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the…