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Dec 10, 2010

Ireland, Portugal, Spain, Italy, Greece, News

Peripheral Euro-zone, Italy Default Insurance Costs Rise
Wall Street Journal
LONDON (Dow Jones)--The cost of insuring the sovereign debt of Portugal, Spain, Ireland and Italy using credit default swaps rose Friday as worries about ...
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Ireland's Medicine Too Harsh for Others: David Blanchflower
Bloomberg
... as Portugal, Greece, Spain and even Italy. Ireland is a good deal wealthier than these countries, and it has seen income rise more from euro membership. ...
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Thinking the Unthinkable in Europe
Project Syndicate
With Ireland's troubles threatening to spill over to Portugal, Spain, and even Italy, it is time to rethink the viability of Europe's currency union. ...
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EU reassures Greece on loan extension
BusinessWeek
... the pressure in debt markets that forced Ireland's rescue last week and threatened to engulf Portugal as well as larger economies like Spain and Italy. ...
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Italian Treasury Has More Than $40 Billion in Reserves, Debt Chief Says
Bloomberg
Italy's debt reached 1.76 trillion euros last year, more than that of Spain, Portugal, Ireland and Greece combined. At 116 percent of gross domestic product ...
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Dollar climbs after Fitch cuts Ireland's ratings
Bloomberg
The European Union bailed out Ireland because of its soaring borrowing costs following the rescue of Greece in May. Investors are nervous that Portugal or ...
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Bank of Ireland Has "Glitches" on Day of Budget Vote
The New American
Ireland has been following the path of Greece and Spain: Increasingly more of the national economy is, effectively, mortgaged to international organizations ...
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Deutsche Bank Proposes Plan B to Help ECB Fight Debt Turmoil: Euro Credit
Bloomberg
For its part, Deutsche Bank's total net exposure to central and local governments in Portugal, Ireland, Italy, Greece and Spain totaled 10.1 billion euros ...
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