Today: IRELAND, Portugal, Spain, Italy, Greece News, Dec 19, 2011

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Dec 19, 2011

IRELAND, Portugal, Spain, Italy, Greece News, Dec 19, 2011

TEXT-Fitch:Italian corporate rtgs unaffected by sovereign action
Reuters
Dec 19 - Fitch Ratings says following the agency's placement of Italy's 'A+' rating on Rating Watch Negative (RWN) (see "Fitch Places Belgium, Spain, Slovenia,Italy, Ireland and Cyprus on Rating Watch Negative" dated 16 December 2011 at...
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Euro 8% Stronger Than Average as Losses Seen for 2012
BusinessWeek
Italy's 10-year bond yield climbed 23 basis points to finish the week at 6.59 percent, down from a surge to over 6.75 percent during the week. Italy's yields rose last month above the 7 percent threshold that led Greece, Ireland and Portugalto seek ...
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Spain's next PM: Very tough times lie ahead
The Associated Press
Now borrowing costs are rising for the eurozone's fourth-largest economy, andSpain is often cited along with Italy as troubled economies that might have to joinGreece, Ireland and Portugal in accepting international help. But both Spain'sand Italy's ...
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UK Stocks Decline as RBS, Barclays Fall; Ocado Shares Plunge
BusinessWeek
The broader FTSE All-Share Index slid 0.4 percent today, while Ireland's ISEQ Index increased 0.2 percent. Fitch Ratings lowered France's credit outlook and put the grades of nations including Spain and Italy on review for a downgrade, citing Europe's ...
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Spanish Notes Rise on Collateral Speculation; French Bonds Drop
San Francisco Chronicle
16 revised its outlook for the credit grades of Belgium, Spain, Slovenia, Italy,Ireland and Cyprus to negative and said France is more exposed to the crisis than other top-rated euro-region countries. France's 10-year bond yields rose four basis...
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European Leaders Face Hurdles Over IMF Loan
Wall Street Journal
Countries that are currently under bailout programs and receiving IMF aid—-Greece, Portugal and Ireland—weren't expected to contribute. But that could change, an EU official said Monday. "Many questions about the €200 billion remain unanswered and ...
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Spain's next PM: Very tough times lie ahead
Atlanta Journal Constitution
Now borrowing costs are soaring for the eurozone's fourth-largest economy, and Spain is often cited along with Italy as a candidate to be the next country that might have to join Greece, Ireland andPortugal in accepting an international bailout. ...
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Atlanta Journal Constitution
Anxiety reigns after Kim Jong Il's death
Salon
When the size of the PIIGS' (Portugal, Ireland, Italy, Greece and Spain) debt mountains became clear, the policy response dictated by Germany — the nation with the most at stake in terms of the subsequent bailout — turned out to be disastrous. ...
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We had announcements from two of the rating agencies
FXstreet.com
Fitch placed Spain, Italy, Belgium, Ireland, Slovenia and Cyprus on negative outlook. The actual announcement did not have any major effect on the financial markets. The major cross rates moved by 0.2%. The important effect is, however,...
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European Stocks Climb as Carmakers, Nestle, Danske Bank Advance
BusinessWeek
Fitch placed Spain, Italy, Belgium, Slovenia, Ireland and Cyprus on a “Rating Watch Negative” review, which it expects to complete by the end of January, according to a statement. Separately, Belgium's credit rating was cut two levels to Aa3 by Moody's ...
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Seamus Coleman vows to convince Giovanni Trapattoni he is worth Euro finals spot
Irish Central
The Everton defender is one of the players fighting to make Trap's final 23 man squad for the Group C encounters with Croatia, Spain and Italy. Earmarked as one for the future by the Ireland boss, Coleman has been a non-playing member of Trapattoni's ...
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Big Week for Lone Bright Spot in Global Economy
Equities.com
Its members include: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain. While the goal of single currency originated with the European Economic ...
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Equities.com
Greenwood: No bridge over stormy waters
Ynetnews
The Irish have devised an economic program that has proven to be successful in the past two years; however, they still have a lot of work ahead of them. If they stay on course, they will become competitive. "Greece, Spain, Italy and Portugal in...
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Credit Suisse Races UBS Building Buffers in Fortress Switzerland
BusinessWeek
UBS's net exposure to the sovereign debt of Italy, Belgium, Greece, Iceland,Spain, Portugal and Ireland was 1.34 billion francs at the end of September, while Credit Suisse's net exposure to sovereign debt of Portugal, Italy, Ireland,Greece and Spain ...
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Deep Thoughts On 2011: Some Things Will Never Be The Same
Seeking Alpha
Greece, Portugal, Spain, Italy, and Ireland are in big trouble, or have already burst. More countries are to follow. The only reason these countries are being bailed out is the screwy euro. If these countries were still under their own currency...
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European Stocks Gain After Two Weeks of Losses; Air Berlin Jumps
San Francisco Chronicle
Fitch placed Spain, Italy, Belgium, Slovenia, Ireland and Cyprus on a "Rating Watch Negative" review, which it expects to complete by the end of January, according to a statement. The official Korean Central News Agency said that Kim died on Dec. ...
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Titanic centenary puts Belfast on tourist map
Reuters
On a cold snowy December day passengers braving the open top deck of one of the buses included a couple from Spain, another from Italy and an Indian family with a fascination for the Titanic. "I used to read about the bombings and shootings and see it ...
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Ratings of EU members under pressure
Moneycontrol.com
It puts Belgium, Spain, Slovenia, Italy, Ireland, and Cyprus on negative watch. Downgrade is possible within three months S&P downgraded rating of 6 Portugalbanks to junk. US markets ended mixed on Friday. The Dow Jones Industrial Average was down 2 ...
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5 Themes for This Week – Europe, US Spending & Housing, NZ GDP, Canada's CPI
FXstreet.com
by Nick Nasad - FXTimes | View company's profile Late on Friday, Moody's downgraded Belgium's sovereign credit rating from 'Aa1′ to 'Aa3′ and Fitch Ratings placed several countries (Belgium, Spain,Italy, Slovenia, Ireland and Cyprus) on rating watch ...
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FXstreet.com
90 seconds at 9 am:New Eurozone fears (news with Bernard Hickey)
Interest.co.nz
Fitch Ratings warns May cut France Italy and Spain Belgium cut 2 notches 'Comprehensive deal' 'Technically, politically' 'Beyond reach' No credible backstop European finance ministers Teleconference tonight Detail fiscal compact Irelanddemands debt ...
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Bye-bye, Keynes?
Washington Post
But Greece, Portugal and Ireland have already reached that point, with gross debt in 2011 equal to 166 percent, 106 percent and 109 percent of their national incomes (gross domestic product), according to IMF figures. Heavily indebted Italyand Spain ...
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Most European Stocks Drop as Finance Ministers Discuss IMF Aid
San Francisco Chronicle
Fitch placed Spain, Italy, Belgium, Slovenia, Ireland and Cyprus on a "Rating Watch Negative" review, which it expects to complete by the end of January, according to a statement. The official Korean Central News Agency said that Kim died on Dec. ...
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Eurozone crisis: India favored destination?
indiablooms
"The situation in European capital market is so fragile that local investors have stopped investing in the countries like Greece, Ireland, Spain, France and evenItaly. Indian share in global trade is presently varying from 0.8 per cent to one percent. ...
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Euro-Zone Bond Markets Nervous After Rating Firm Actions
Wall Street Journal
Fitch Ratings placed Belgium, Spain, Slovenia, Italy, Ireland and Cyprus on negative watch, while promising to complete its review by the end of January. Fitch also affirmed France's triple-A rating but placed the country on negative review. ...
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Why turmoil in Europe may keep US rates low
Redlands Daily Facts
... debt crisis of countries such as Greece, Italy, Portugal, Spain and Ireland, it's not going to able to buy nearly as many truckloads of Levi's from the US as had been the case in the past, putting some brakes on our economy as Europe slows as well. ...
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Yuan Forwards Decline as Fitch Warning Damages Export Outlook
Bloomberg
16 it was re-assessing rankings for France, Belgium, Spain, Slovenia, Italy,Ireland and Cyprus. A “comprehensive” solution to Europe's crisis is “technically and politically beyond reach,” it said. The increasing flexibility of the yuan means China is ...
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Pound Falls as U.K. Home Sellers Cut Asking Prices in December
Bloomberg
... euro as European Union leaders struggled to solve a debt crisis that has forcedGreece, Ireland and Portugal to seek international bailouts. The turmoil also engulfed Italy and Spain and prompted the bloc to create funds to help stricken economies. ...
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TSX Flat Amid Euro Zone Anxiety; RuggedCom Soars On Offer - Canadian Commentary
NASDAQ
Fitch Ratings on Friday cut its outlook on France and said it might downgrade the ratings of Italy, Belgium, Ireland, Spain, Slovenia and Cyprus. blaming the lack of comprehensive solution to Europe's sovereign debt crisis. The S&P/TSX Composite Index ...
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Argentina remembers its worst crisis 10 years later
Monsters and Critics.com
Today, powerful Europe is struggling to meet debt service requirements and imposing austerity on the populations in Greece, Ireland, Portugal and evenSpain and Italy. Argentines are watching with a sense of 'been there, done that. ...
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EUROPEAN OPENING NEWS INCLUDING: Fitch affirmed France at AAA and revised ...
Proactive Investors UK
Fitch placed Belgium, Spain, Slovenia, Italy, Ireland and Cyprus on rating watch negative on Friday. (RTRS) Fitch said the RWN indicates that the ratings are under active review and are subject to heightened probability of downgrade in the near term. ...
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Fitch Puts Several Eurozone Countries On Negative Watch
ACM
France, Spain, Italy, Ireland, Slovenia and Cyprus were all targeted for the outlook downgrade, not more than 2 weeks after another ratings agency (Standard & Poors) put 15 Eurozone countries on review. Against this worrisome backdrop, the dollar has ...
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The Irish Times - Monday, December 19, 2011
Irish Times
Other: Launch of Chambers Ireland's White Paper on Corporate Social Responsibility in Ireland; annual SFI end-of-year briefing with director general Dr Graham Love (Wilton Place, D2); Spanish parliament vote on Mariano Rajoy's confirmation as Spain's ...
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Rights groups accuse European nations of coverup over CIA rendition flights
Washington Post
The groups have not received a reply from Albania, Austria, Azerbaijan, Cape Verde, Georgia, France, Iceland, Italy, Latvia, Romania, Russia, Spain and Turkey. Canada, Portugal and Sweden declined to release the information, as did Brussels-based ...
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Asia Risk 2011 interdealer rankings: Dealers
Risk.net
These concerns prompted SG to release data on its sovereign holdings on September 12: it reported that its exposure to the sovereign debt of Greece, Italy, Ireland, Portugal and Spain stood at €4.3 billion as of September 9. ...
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Risk.net
Alternative Plan for the Euro Zone
Bay Area Indymedia
Neither in Greece today, nor in Portugal, Ireland, Italy or Spain tomorrow, or in France and Germany the day after tomorrow. The disembedded and unleashed financial markets and their players have to be civilized, controlled and strictly regulated. ...
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No rift with Scottish FA over Carling Nations Cup debt, insist FAI
thejournal.ie
Ireland's qualification for Euro2012 will be a major boost to Abbotstown coffers as the association attempts to pay off it's share in the Aviva Stadium. Ireland will face champions Spain, Italy and Croatia in Poland next summer.
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Golf-European Tour schedule for 2012
Reuters Africa
2 European Masters, Crans Montana, Switzerland September 6-9 Dutch Open, Hilversum 13-16 Italian Open, Turin 20-23 Madrid Masters, TBA 28-30 Ryder Cup, Illinois October 4-7 Dunhill Links Championship, Scotland 11-14 Portugal Masters, Vilamoura 18-21 ...
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Why Traders Should be Cautious This Week
Investorplace.com
But it was destined not to last when markets plunged on a warning from Fitch that it might cut the ratings of Belgium, Cyprus, Ireland, Italy, Slovenia and Spain. By noon, the Dow was off 50 points, but by early afternoon it had clawed its way back to ...
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Foreign Banks Stressed in U.S. as Funds Dry Up: Credit Markets
San Francisco Chronicle
Banks are losing access to US funding as European leaders fail to convince investors they can contain a crisis that led to bailouts of Greece, Ireland andPortugal and now threatens Italy and Spain. French banks lost almost 50 percent of their ...
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Forex - Asia Open - Overnight Highlights
FXMarketAlerts.com
But the risk trade soon faltered after Fitch placed a handful of European nations on negative rating watch (Belgium, Spain, Italy, Ireland, Slovenia and Cyprus) and as Moody's downgraded Belgian debt to Aa3 from Aa1. The market gave up most gains into ...
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Spain's next PM: Very tough times lie ahead « Artesia News
By admin
Now borrowing costs are rising for the eurozone's fourth-largest economy, andSpain is often cited along with Italy as troubled economies that might have to joinGreeceIreland and Portugal in accepting international help. But both Spain's and...
Artesia News
Time to move money out of Italy, Greece, Portugal, Ireland, Spain?
Time to move money out of Italy, Greece, Portugal, Ireland, Spain? December 18th, 2011 • Related • Filed Under. Filed Under: Other News. It's been hard to ...
www.byebyeblighty.com/.../time-to-move-money-out-of-italy...
BBC News - EU nations and the euro: What they want
Portugal, Italy, Ireland Spain and Greece. Desperate for deal to convince markets to cut national borrowing costs. The EU/IMF bailouts of Greece, Irelandand ...
www.bbc.co.uk/news/world-europe-16036387
Revised EFSF Draft Shows Italy, Spain Responsible For One Third ...
First, as the slide below shows, even with Italian and Spanish bond yields ...commitments (with insolvent Greece, Ireland and Portugal obviously stepped out) .
www.zerohedge.com/.../revised-efsf-draft-shows-italy-spain-re...
Insight - The day Europe lost patience with Britain - Yahoo! UK ...
UK & Ireland Finance ... Greece, spread to Ireland (Xetra: A0Q8L3 - news) ,Portugal, Spain and Italy and now threatens France and even mighty Germany....
uk.finance.yahoo.com/.../mwphucmtnojssort?..
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