EUROZONE News, Dec 29, 2010

Europe's Economic Pain Awakens Old Arguments New York Times (blog) The financial rescues of Greece and Ireland, he contends, are “unconstitutional” because they violate the euro zone's no-bailout clause. ... See all stories on this topic » New York Times (blog)

Haig Bathgate: Is the UK really out of the woods yet? Citywire.co.uk ... about the apparent fragility of the eurozone and markets have obsessed about the possibility of contagion spreading from Ireland to Portugal and Spain. ... See all stories on this topic »

Rising oil prices, EU debt woes may hurt growth Times of India Ireland , Greece, Portugal and Spain are dealing with significant economic stress and have come under the close scrutiny of ratings agencies. ... See all stories on this topic »

PIIGS Watch: Bracing for 2011 Minyanville.com Ireland and Greece, meanwhile, face increasing chatter about the possibility of default. Their bail-outs, say pessimists, will not be enough to patch up the ... See all stories on this topic »

World Oil Demand This Year Probably Exceeds 07's Level International Business Times Another issue is sovereign crisis in the European periphery. Despite bailouts for Greece and Ireland, risks of contagion remain. Spain and Portugal may be ... See all stories on this topic »

Europe Does Not Need More Stress Tests: SocGen CEO CNBC Oudéa highlighted the fact that the problems facing Greece, Ireland, Portugal and Spain are different and he said that the problems were on the whole ... See all stories on this topic »

Sam's Exchange: That's a Wrap. 2010 Market Wrap that is! RIA Novosti Spain, Portugal, Ireland, France and even Germany came under the spotlight. Eventually, the ECB had to announce an unprecedented one-trillion-dollar bailout ... See all stories on this topic » RIA Novosti

Trade, loonie, household debt – Canada's albatrosses CANOE The central bank said concerns other European nations such as Portugal and Spain will join Ireland and Greece in calling on the EU for a bailout could ... See all stories on this topic »

An upturn for the US, but China could see a slowdown WalesOnline ... Greece, Ireland, Portugal, and Spain. Fiscal contraction will be quite large in the countries that have suffered the most intense market pressure. ... See all stories on this topic »

Britons of the Year 2010 Telegraph.co.uk ... plan to cut the budget deficit has proved sufficiently credible to remove Britain from the maelstrom engulfing Ireland, Greece, Portugal and Spain. ... See all stories on this topic » Telegraph.co.uk

Italy launches 12-billion-euro bond issue at higher rates MSN Philippines News ... of gross domestic product, has lately prompted investor unease amid a wider eurozone finance crisis affecting Spain, Portugal, Ireland and Greece. ... See all stories on this topic »

Challenges in financial sector Business Times - Malaysia Solvency risk to the public and banking sectors, in reference to the eurozone sovereign debt crisis that have resulted in Greece and Ireland bailouts, ... See all stories on this topic »

European bond market faces another volatile year Business Recorder (press release) (blog) The size of its economy is twice that of Greece, Ireland and Portugal combined. Artus said the focus should now be on ensuring a country's solvency rather ... See all stories on this topic »  Gonzalo Lira: The Lull Before The Storm: What's Coming in 2011 By Gonzalo Lira In reality, the EFSF has no money, but rather, it will issue debt. Therefore, what's really happened in the case of Greece and Ireland is that their bad debts were taken over by the EFSF—so in a sense, no one has been bailed out: Rather, the bad debts have been transferred to the European ... If the EU and the ECB are clever, and brave, and humble in the face of failure, then they'll expel Greece, Ireland, Portugal, Spain and Italy from the European Monetary Union. ... Gonzalo Lira - http://gonzalolira.blogspot.com/ Economic Pain in the Euro Zone Aggravates Old Continental Tensions ... By admin News, Politics and other good stuff. ... And despite two bailouts — for Greece and for Ireland — the anxiety has not dissipated, and attention has turned to other faltering economies like Portugal and Spain. Last Friday, the cost of insuring Greek debt pushed higher on speculation that Athens might restructure its ... Slinking Toward Retirement - http://slinkingtowardretirement.com/ Something Else To Think About By Concerned Citizen It's true that the euro zone has had a rocky ride in recent months and we shouldn't expect those countries to sort out their problems soon. Another round of serious euro sovereign debt issues is likely as we head into the spring. ... This is where Greece and Ireland were found wanting in 2010; we'll see how Portugal, Spain, Italy, Belgium and perhaps even France do in 2011. Then it will be the U.S.'s turn. It's Easy The issue isn't whether we can muster a bipartisan ... The Great Recession Conspiracy - http://thegreatrecessionconspiracy.blogspot.com/ France Joins Germany to Nix Junker's Junk Bond Proposal to Save ... By Admin Regardless, the idea is dead in the water and neither the ECB nor the EU has addressed what will happen sooner or later: one or more of the group of PIGS, Portugal, Ireland, Greece, Spain will default. The only solution is a haircut for ... Turn Your Business Dissolution... - http://businessdissolution.org/ Wednesday-Night - » EU economy By Diana Thébaud Nicholson First Greece — then Ireland, Italy, Spain and Portugal: The European common currency has come under pressure from large national debts and the effects of the global financial crisis, ultimately requiring a rescue package close to a ... Wednesday-Night - http://www.dianaswednesday.com/ 2011-Long the Dow By ZV ... it seems likely that in March, with $700 Billion of debt willl require restructuring from the likes of Portugal, Spain, and Belgium, so the typical buy treasury's safe haven scenario as we have seen with Greece and Ireland is likely to play out again. ... However, with Eurozone issues likely to take a backstage as earnings news comes in, we will have to see whether the dollar will be rallying with the dow, or selling off with it to observe what the correct trade will be. Market Views & Technical Trading Tips - http://zv-marketviews.blogspot.com/ Forex - Euro Recovers In Thin Trade And Australian Dollar Rallies By admin Many in the market expect to see more euro weakness in the new year, however, due to worries some euro zone countries such as Spain and Portugal may need rescue programmes, tracking a path trodden by Greece and Ireland. ... forex trading and Currency Exchange Rates – Dollar Mixed on Good Economic News: The dollar lost against most major currencies today except the pound sterling. Dollar Exchange Rates The dollar lost 0.67 percent against the euro, 0.29 percent against the ... Currency Trading - http://www.tradercurrencies.com/currency-trading/ Singapore 2011 Outlook - 2011 Outlook: Good but choppy Singapore ... chances are decent that the stock market could surprise on the upside. Rising interest rates and the Eurozone debt crisis remain risks but we believe current market valuations are discounting these issues. ... ▪Eurozone debt worries remain a drag but we expect the contagion to be contained with the ECB able to provide support to Portugal, Ireland and Greece while. Spanish banks are in relatively healthier shape and are not expected to require. ECB help. ... SGX-MAS Research Incentive Scheme - http://research.sgx.com/ Media Channel 2.0 — Blog — foreclosure auctions By darrengardner1985 On the left is “What's News” with about 30 summaries of articles in the paper so one would think you could look this over and have a really good idea of what's going on in the World. I see that “Spain said its regional ... Pimco said “ Untenable Policies Will Lead to Eurozone Break-Up” according to the London Telegraph with Andrew Bosomworth stating: “Greece, Ireland and Portugal cannot get back on their feet without either their own currency or large transfer payments. ... activeinternetmarketing - http://mediachannel.org/activeinternetmarketing/ December 28, 2010 Snippets | By admin A YEAR END LOOK AT NEWS FROM AROUND THE WORLD. High levels of public debt among countries in the EURO ZONE turned into a full-blown crisis for the European currency block. As markets began to lose confidence in the ability of a few countries to finance their debt, and rapidly pushed up their borrowing costs, the European Union and the IMF eventually resolved to bail out GREECE and, later , IRELAND. Investors also fretted over Spain and Portugal. Measures to tackle BUDGET ... Global Executive Training and... - http://globalexecutives.org/ Brutal 'Fagin' running Paris pickpocketing gang is arrested ... By Reporters COSTA NEWS. costa confidential · Train across France completes 'hell on wheels' journey - Train across France completes 'hell on wheels' journey: "Bad weather, a late driver, a bad engine, a blockage on the line and disruptive drunks ... Marbella Times - http://marbellatimes.blogspot.com/  Despite Greece's 2011 austerity budget, a financial chill deepens ... But despite bailouts for Greece and Ireland and efforts to trim public debt in Spain and Portugal to stave off a financial implosion, EU moves to stabilize ... www.csmonitor.com/.../Despite-Greece-s-2011-austerity-budg... Fiscal flexibility is best for eurozone Eurozone membership implies giving up a country's monetary instrument in return for a ... It has been far too loose for Greece, Ireland, Portugal and Spain, ... www.ft.com/.../958da686-1211-11e0-92d0-00144feabdc0.ht... Greece, Ireland and Portugal should leave eurozone - Business News ... Andrew Bosomworth, head of Pimco Europe said Greece, Ireland and Portugal should ... Greece, Ireland and Portugal should leave the eurozone in a bid to get their ... Current Issue; Back Issues; Other Magazines. January Issue Live Today ... www.businessrevieweurope.eu/.../greece-ireland-and-portugal-... Greece, Ireland and Portugal should dump the euro: investor — EU ... Greece, Ireland and Portugal should leave the eurozone if they cannot manage ... said that would not resolve solvency problems facing some eurozone members. ... regularly since a debt crisis erupted a year ago with news that Greece's ... www.eubusiness.com/news-eu/eurozone-economy.7qm  Leave euro, Pimco tells Greece, Ireland and Portugal | News | Fund ... Greece, Ireland and Portugal should leave the euro to put their economies back on ... director at Pimco, who warned global growth would leave the eurozone trailing in its wake. ... Current Issue. Click here to see the current issue ... www.fundstrategy.co.uk/markets/...euro.../1023965.article Why does Pimco want Greece out of euro zone? | Keep Talking Greece The raw news by Agency AFP and title: “Greece, Ireland and Portugal should ... A friend of mine, who is an expert on financial issues, was explaining to me ... www.keeptalkinggreece.com/.../why-does-pimco-want-greece-... Greece, Ireland and Portugal 'should dump the euro' - Yahoo! News UK Greece, Ireland and Portugal should leave the eurozone to get their economies back on track, ... Breaking News. Travel Chaos As Snow Storms Batter The US ... uk.news.yahoo.com/.../tbs-greece-ireland-and-portugal-should... EU braces for the unthinkable | Athens News “But would the electorates in [Greece, Ireland and Portugal, let alone Spain] ... these debt problems will result in a full-fledged breakup of the eurozone. ... www.athensnews.gr/issue/13423/35562 BBC News - Europe's economic problems to persist into 2011 But that is nothing compared with what several of the eurozone ... From Ireland to Greece, Portugal and beyond, many European workers went on the march and ... www.bbc.co.uk/news/business-12038968 Portugal, Greece face rating cut, Spanish debt costs up | News ... LISBON/MADRID - Portugal and Greece were both put on notice their credit ratings ... be cut and fellow euro zone debtor Spain had to pay more to issue new debt, ... spreading from Greece and Ireland, which have received EU/IMF bailouts, ... www.businessspectator.com.au/.../WRAPUP-3-Portugal-Greec... Largest bond fund calls on Greece, Ireland, Portugal to ... He criticized the EU strategy of making Greece, Ireland and Portugal put tough ... "Collective Work" means a work, such as a periodical issue, anthology or .... Follow AHN on Twitter AHN Social News connects you with friends and the news. www.allheadlinenews.com/articles/7020872435?...%20Ireland... Moody's Slashes Ireland's Rating 5 Notches as EU Leaders Meet ... Nonetheless, the spread on bonds for Greece, Ireland, Portugal and Spain all ... to the problems of the EU, rising against the dollar on news of optimistic German ... All new bonds from 2013 and onwards that are issued in the euro zone, ... www.advisorone.com/.../moody-s-slashes-ireland-s-rating-5-n... BusinessWorld Online Edition: Greece, Ireland and Portugal advised ... Bank capital adequacy rules likely to be issued this week ... FRANKFURT -- Greece, Ireland and Portugal should leave the euro zone if they cannot ... been floated regularly since a debt crisis erupted a year ago with news that Greece's ... www.bworldonline.com/main/content.php?id=23197 Question and answer: What's next in the Eurozone train wreck Are we headed for a re-eruption of the crisis early in the new year? ... Are Greece, Ireland and Portugal doomed to years of low economic growth or stagnation ... Unless they address the growth issue, then piling more debt on top of the ... dailyme.com/story/.../question-answer-eurozone-train-wreck.h... Enciclopédia - News: EU agrees new debt plan, but near-term help ... European leaders failed to address the issue of debt sustainability and possible ... will make it difficult for countries like Greece, Ireland, Portugal or ... www.enciclopedia.com.pt/en/news.php?readmore=129 Despite Greece's 2011 austerity budget, a financial chill deepens ... ... Global Issues, People Making a Difference, Terrorism & Security, Global News Blog ... Crisis in Ireland tests eurozone vision of common currency, ... But despite bailouts for Greece and Ireland and efforts to trim public debt in Spain and Portugal to .... US News 2010: Are you a real newshound? Take our quiz. ... www.csmonitor.com/.../Despite-Greece-s-2011-austerity-budg... EU to change treaty for new euro rescue - News from The Associated ... European leaders failed to address the issue of debt sustainability and possible ... will make it difficult for countries like Greece, Ireland, Portugal or ... staging.hosted.ap.org/.../EU_EUROPE_FINANCIAL_CRISIS?... EU leaders agree to more economic cooperation - FOX19.com and ... FOX19 News, weather and sports for Cincinnati and Northern Kentucky. ... European leaders failed to address the issue of debt sustainability and possible ... will make it difficult for countries like Greece, Ireland, Portugal or ... www.fox19.com/Global/story.asp?S=13701236 Portugal, Greece face rating cut, Spanish debt costs up | Reuters LISBON/MADRID (Reuters) - Portugal and Greece were both put on notice their ... could be cut and fellow euro zone debtor Spain had to pay more to issue new debt on ... Related News. Irish central bank fines Allied Irish 2 million euros ... uk.reuters.com/article/idUKTRE6BK1YJ20101221 China pledges support to eurozone countries Saddled with heavy debt and a gaping public deficit, Portugal has had to offer higher ... this year when investors snubbed its debt, by buying its bonds in future debt issues. ... Greece and Ireland have both been bailed out by the EU and the IMF. ... economic cooperation," Xinhua news agency quoted Wang as saying . ... www.terradaily.com/.../China_pledges_support_to_eurozone_... EU leaders agree to more economic cooperation - FOX41.com ... FOX41.com Louisville News Kentucky Indiana News Weather SportsEU leaders agree to .... European leaders failed to address the issue of debt sustainability and ... will make it difficult for countries like Greece, Ireland, Portugal or ... www.fox41.com/.../eu-to-change-treaty-for-new-euro-rescue-... A Warning to Portugal as Spain Sells Bonds - Portugal News and Comment Portugal is considered one of the weakest links in the 16-nation Eurozone and fears it could follow Greece and Ireland in needing a Bailout have pushed its ... presidentifi.com/.../A-Warning-to-Portugal-as-Spain-Sells-Bon... Pimco: Greece, Ireland and Portugal Should Leave Euro - www.capital.gr FINANCIAL NEWS. Monday, 20 December 2010 - 12:52 ... "Greece, Ireland and Portugal won't get back on their feet without either their own currency or ... the solvency problems facing some euro-zone states, Bosomworth told the German newspaper. ... 16:41 Debt Agency: Greece Will Resume Monthly T-bill Issues In Jan ... english.capital.gr/News.asp?id=1105356 Spain put on debt watch ahead of EU summit - Hellenic Shipping ... Wednesday, December 15th, 2010 | 5:32 pm | World Economy News ... That issue may be discussed among EU leaders on Thursday, when they will be joined for ... up its bond-buying program to help the likes of Ireland, Greece and Portugal, ... www.hellenicshippingnews.com/.../spain-put-on-debt-watch-a... info@als-alexander.com or interalex1@yahoo.com