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Business wires

Imminent EU court ruling has implications for London and beyond

03/03 15:50 CET

By Huw Jones LONDON (Reuters) - A top European court hands down a ruling on Wednesday that could have implications way beyond the obscure financial activities to which it directly relates, potentially ushering in a two-track EU with Britain and other non-euro zone countries out on a limb. Britain has challenged a European Central Bank policy of requiring the "clearing houses" which help process trades in billions…

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