 Reuters UK However, banks in Greece, Italy, Ireland, Portugal, and Spain would struggle to raise capital, Goldman analysts wrote in a note to clients. "Here, capital would need to be provided by the sovereign (leading to partial or full nationalizations) or by ... See all stories on this topic » | ||
| Rants: 'Greecing' the skids Gates-Chili Post That is because they know that if Greece and the other Eurozone countries teetering on the brink of insolvency (Ireland, Portugal, Spain and Italy) go down and their loans cannot be repaid, their governments will come to the rescue. ... See all stories on this topic » | ||
| GREECE AND THE DOMINOS: Check Out CDS Spreads Across Europe Business Insider The markets appear to be telling us that if Greece goes then Portugal is next. And you can imagine where we go from there. Ireland, Italy and Spain are quickly moving up the list…. I did a very rare thing two weeks ago when I ignored a buy signal in ... See all stories on this topic » | ||
| Here's Why Greece Leaving The EU Could Cause Another Depression Forbes Perhaps we do need Greece, and the rest of the PIIGS (Portugal, Italy, Ireland, Spain, Greece) to leave the Eurozone, and create a North and South Euro. We have already seen Merkel lose key elections in Germany, and French President Nicolas Sarkozy is ... See all stories on this topic » | ||
| Financials Fall, JPMorgan Shares Hit 1-Year Low On Greece Default Worries Forbes (blog) In its 10Q filed earlier this month, JPM said its aggregate net exposure to Greece, Ireland, Italy,Portugal and Spain is $14 billion, or 11% of its tangible equity. Sovereign exposure represents 26% of that amount. The net exposure represents the ... See all stories on this topic » | ||
| Spain's Senate Votes To Approve Deficit Limit Reform RTT News The Spanish move comes as borrowing costs for Italy and Spain hit fresh euro-era peaks last month amidst fears about the possibility of the sovereign debt crisis in Greece, Ireland and Portugalspilling over to the two nations. ... See all stories on this topic » | ||
| Gold Up Amid Concerns Over European Debt Crisis International Business Times In the last 20 months that crisis has spread from Greece to Portugal to Ireland to Spain and now to Italy. Marisa Krystian | Sep 06, 2011 | 2min:27sec The price of gold rose this morning in Asia, Europe and in the US as investors lost faith in the ... See all stories on this topic » | ||
| Spain sinks Liechtenstein 6-0 to reach Euro 2012 The Hindu Italy and Spain on Tuesday joined Germany at the 2012 Euro finals by winning their respective Euro qualifying matches. The defending champion Spain beat Lichtenstein 6-0, while Italy struggled before beating Slovenia 1-0. In Logrono, Alvaro Negredo and ... See all stories on this topic » | ||
| Italian, Spanish Senates Pass Unpopular Austerity Measures Voice of America The government is trying to trim its debts, cut its high borrowing costs and avoid the need for an international bailout like those already secured by Greece, Ireland and Portugal. In Spain, the Senate overwhelmingly passed a constitutional reform that ... See all stories on this topic » | ||
| Deutsche Bank Risk Seen Rising as Puts Appreciate Most in Europe: Options Bloomberg Deutsche Bank had net sovereign risks related to Portugal, Italy, Ireland, Greece and Spain of 3.67 billion euros ($5.1 billion) on June 30, the company said July 26. Net income will surge 139 percent to 5.53 billion euros in 2011, according to the ... See all stories on this topic » | ||
| ECB should cut in October, save Italy and Spain - Citi Reuters UK Buiter said that the ECB should also direct its financial firepower at shielding Italy and Spain from the debt contagion sweeping the euro zone periphery, while allowing smaller states Greece, Irelandand Portugal to restructure. "Spain and Italy ... See all stories on this topic » | ||
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| CDS: modern day weapons of mass destruction Financial Times They showed that the fiscal space of Greece, Ireland, Italy, Portugal and Spain in 2010 was high compared with other countries, so predicted CDS spreads were also higher. But actual CDS spreads were even higher than those predicted, by ratios ranging ... See all stories on this topic » | ||
| Time the good boys play hard ball Irish Independent If the ECB were to cease buying Italian bonds, in response to foot-dragging by Italy over budget reforms, the interest rates faced by Italy would rise steeply and force Italy out of the bond market, joining Greece, Ireland and Portugal in a bailout ... See all stories on this topic » | ||
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| No direction in markets increases rand volatility Business Day The German constitutional court ruling that the Portugal, Ireland, Italy, Greece and Spain (PIIGS) bailouts are not illegal has provided global markets with a boost, but bourses continue to show little direction which has impacted the rand's volatility ... See all stories on this topic » | ||
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| Postcard from Portugal, one scrappy nation Pittsburgh Post Gazette It is hard not to compare Portugal's actions to the financial clown show under way in the United States. Probably the main point about Portugal is that, even though it is being classed with Greece,Ireland and maybe Italy and Spain in terms of its ... See all stories on this topic » | ||
| Germany on horns of dilemma The Canberra Times And if the likes of Greece, Ireland, Portugal, Spain and Italy cannot borrow on the financial markets, the single currency will inevitably break apart. We British, pickled as we are in euroscepticism, find it hard to believe that the German people ... See all stories on this topic » | ||
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| Trio book 2012 berths Fifa.com Italy, the Netherlands and reigning European champions Spain booked their places at UEFA EURO 2012 on Tuesday, and will appear in Poland and Ukraine next summer alongside Germany, who secured a slot on Friday. Elsewhere, unbeaten England defeated Wales ... See all stories on this topic » | ||
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| Research and Markets: Tea - Global SunHerald.com This package contains 60 tea market analyses from the following countries: Austria, Belgium, Bulgaria, Estonia, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Macedonia, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain ... See all stories on this topic » | ||
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| La Roja right on Germany's heels Fifa.com Serbia entertain Faroe Islands with the wind back in their sails following their 1-0 victory in NorthernIreland. Despite a tough run-in, at home to Italy and away to Slovenia, the Serbs have every chance of pipping their rivals to a play-off berth. ... See all stories on this topic » | ||
| Gold Price in U.S. Trading Breaks through $1900 Level NASDAQ In Europe, meanwhile, stocks plunged 3.3 percent and government bonds from the southern periphery of the continent dropped as investors worried about the sovereign debt crises of Greece,Spain, Portugal and Italy. Adding to their concerns were worries ... See all stories on this topic » | ||
| Moody's May Downgrade Top French Banks Wall Street Journal In addition to Greece, Portugal and Ireland are receiving rescue funding from euro-zone partners. The European Central Bank is also giving Spain and Italy a helping hand to borrow at affordable costs. "The impact of a downgrade cannot be positive," ... See all stories on this topic » | ||
| 12 International Stocks Worth A Look Seeking Alpha Telefonica (TEF) doesn't get any help being based in Spain and being associated as one of the PIIGS (Portugal, Ireland, Italy, Greece and Spain) countries in need of a bailout. However, the stock is trading at levels last seen during the mega-crisis of ... See all stories on this topic » | ||
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| Research and Markets: Semiconductors - Global Business Wire (press release) ... Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Macedonia, Moldova, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, the United Kingdom, Armenia, Azerbaijan, ... See all stories on this topic » | ||
| Tucci78 Might could be that they're angling for a face-saving concession 9/5 ... Strategy Page Though we don't hear as much about the Turkish economy as we do about the PIIGS (Portugal,Italy, Ireland, Greece, and Spain), there should be no doubt that Ankara has been doing the same deficit-spending dance as has every other modern polity. ... See all stories on this topic » | ||
| Europe Is Closer Than It Will Admit To A U.S.-Style 'Operation Twist' Seeking Alpha In the course of its purchases of peripheral eurozone nation debt (Greece, followed by Ireland andPortugal, and now Spain and Italy) via its Securities Market Programme, the ECB always emphasized the sterilization of said purchases, unlike in the ... See all stories on this topic » | ||
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| G7 gathering aims to calm fears Montreal Gazette ... Germany, Britain, France and Italy - another major challenge, according to a senior Canadian finance official, is to contain the debt contagion, which has already engulfed Greece, Ireland andPortugal and threatens to worsen in Italy and Spain. ... See all stories on this topic » |
| It Looks Like Everyone's Giving Up On Greece By Joe Weisenthal OF course if you like what is going on in Greece, Spain, Italy, Ireland and Portugal go ahead and absolve them from their responsibilities now and forever. ... Then another bad news report and it will go back to @ 11000 again and repeat. ... Money Game |
| Spread betting on gold and silver | Spread Betting Blog, Market ... By admin Spread Betting Blog, Market Analysis and News from WorldSpreads · Blog Home · About WorldSpreads · Biographies · Contact Us · Spread Betting with WorldSpreads · RSS · Twitter ...Hedge funds and others shorting and selling sovereign debt have been lining up the ducks and shooting them one by one, first Ireland Portugal and Greece, and now Spain and Italy. The EU must act more like a Union, and less like independent states. One course of action that would prove to the... Spread Betting Blog, Market Analysis... |
| Greece Failing, Obama Pushes For Jobs | OnlineForexTrading.com By Hiland Doolittle The lack of cohesive action by the European Union could mean that Greece will officially default in the immediate future. The unsettling news drove equity markets plummeting as the DOW was down about 300 points by 1:00 p.m. On Friday, Greece interest rates were at the highest rates in history. The most probable action is that Greece will declare bankruptcy and reorganize. The reality is that this bankruptcy will spread to Ireland, Portugal, Italy and Spain. French and German banks ... Online Forex Trading Blog |
| An alternative programme for Europe « Michael Roberts Blog By michael roberts The latest hot spot has been highlighted by the news that European Central Bank chief economist Juergen Stark has resigned. Stark has done this because he ... The Eurozone governments had set up an emergency fund called the European Financial Stability Facility (EFSF) to 'bail out' Greece,Ireland and Portugal so they did not need to borrow money from bond markets. But over the summer, the same problem began to arise for Italy and Spain. Europe's leaders have dithered ... Michael Roberts Blog |
| FogBelter: If Greece defaults this weekend, and Ireland, Spain ... “If Greece defaults this weekend, and Ireland, Spain, Portugal, and Italy decide to follow, we are looking at something much more significant than a Global ... www.huffingtonpost.com/.../paul-krugman-50-percent-chance... |
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