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UniCredit's Orcel takes aim at Europe's banking borders with Commerzbank bet

Andrea Orcel, CEO of UniCredit, aims to push for cross-border mergers in Europe, facing political hurdles and resistance, evidenced by UniCredit's stake acquisition in Commerzbank.

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Six ECB governors say they support UniCredit-Commerzbank deal in principle

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Germany on the defensive as UniCredit gains some support for Commerzbank talks

Germany opposes UniCredit's bid for Commerzbank amidst investor interest, with EU integration at stake and calls for dialogue between stakeholders.

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Explainer-ECB's role in any UniCredit and Commerzbank combination

UniCredit aims to increase its stake in Commerzbank and seeks ECB approval while navigating potential political implications and a lengthy decision-making process.

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Any bank merger in Germany must create competitive lender, Bundesbank chief says

Bundesbank's Joachim Nagel emphasizes that any merger must create a robust, competitive institution, as UniCredit eyes Commerzbank, sparking potential political and regulatory challenges.

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Euro zone economy grows but outlook far from rosy

Euro zone economy grew 0.3% in Q2, with mixed performances across countries; Germany's output fell, raising concerns about competitiveness and long-term growth prospects.