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The Oracle of the Financial World Has Warned the EU: Don't Wait for Disaster, Act Now!
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Europe's economic weight has fallen dramatically compared to the United States, with European GDP now accounting for only about 70 percent of the US economy, down from 90 percent, warned Jamie Dimon, CEO of JP Morgan. The banker said the reforms in Mario Draghi's competitiveness report, especially the deepening of the capital markets union, should be implemented urgently, as the vast majority of the recommendations have so far remained on paper.…
·Budapest, Hungary
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