Dutch bank ING Groep (INGA.AS) said it plans to cut dozens of jobs at its dealing room in Amsterdam, including corporate bond and commodities traders, and will move 22 positions to London. ING said on Wednesday that 43 Amsterdam-based roles will be cut, while 22 roles will be created in London. Eleven new positions will be created in the Amsterdam dealing room. Source Reuters
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Bulgaria has decided to increase its border security measures in order to prevent illegal migration from Turkey, Bulgarian Defense Minister Krasimir Karakachanov said in an interview published on Thursday. Source: Daily Sabah
Austria is sending soldiers to stop migrants coming from Italy, while Bulgaria has said the EU should “defend” its borders by “force of arms”. Austria said it would deploy 70 soldiers, but no armoured vehicles, at the Brenner Pass to Italy on Thursday (17 August). Source: Euobserver
There are signs of UE recovery,with Eurostat reporting 2.2% euro-area growth over the second quarter of 2017, up from last year’s 0.6%. Central/Eastern Europe was growing fastest: Romania (5.7%), Latvia (4.8%), Czech Republic (4.5%) and Poland (4.4%). The weakest growth was in Belgium (1.4%), Italy (1.5%), Finland and UK (1,7). Source: Euobserver