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Norway’s underlying inflation rate declined to its lowest level in 1 1/2 years, reviving expectations that the country’s central bank could begin cutting interest rates earlier than planned. ....
The European Central Bank should avoid waiting too long to cut rates as it will still have flexibility over the pace and degree of policy loosening after its first move, Governing Council member Francois Villeroy de Galhau said. ....
A Fiat van was stopped by police on a Saturday morning this month in a sleepy Serb community near Kosovo’s border with Montenegro. The vehicle and 4 million Serbian dinars ($37,000) were seized. ....
Serbian President Aleksandar Vucic vowed to maintain financial support for ethnic Serbs in Kosovo as the US and European Union reinforced their condemnation of new rules enforcing the euro as the nation’s sole currency. ....