Today: Ireland, Portugal, Spain, Italy, Greece, News, Jan 13, 2011

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Jan 13, 2011

Ireland, Portugal, Spain, Italy, Greece, News, Jan 13, 2011


Spain Conducts Successful Bond Auction

New York Times
“It's a little unfair to put them into the same category as Greece, Ireland and Portugal, and also Spain, to a certain extent,” he said. ...
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Merkel's Pledge to Defend Euro Region Risks Revolt by German Lawmakers
Bloomberg
Merkel may be shifting her stand toward more support for indebted nations after bailouts for Greece and Ireland, budget cuts in Portugal and Spain and a ...
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Stewart Cowley: Why I have reduced duration across my funds
Citywire.co.uk
... bank debt default costs (credit default swaps) and, for instance, the average yield on 10 year bonds in Portugal, Ireland, Italy, Greece and Spain. ...
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WORLD FOREX: Euro Up Broadly After Portugal Sale; More Tests Await
Wall Street Journal
Greece and Ireland have already received bailouts from the European Union and International Monetary Fund and Portugal is believed by many market analysts ...
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Sovereign Bond Risk Falls as EU Steps Up Debt-Plan Efforts
Bloomberg
Credit-default swaps on Spain dropped 13 basis points to 317, the lowest level in five weeks. Contracts on Portugal, Belgium and Greece also fell, ...
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Banco Santander Shares Popped: What You Need to Know
Motley Fool
Today's news is a step in the right direction, but Portugal and the rest of the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) need to show continued ...
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Ldn FX: Euro-Dollar Extends Recovery On Strong Spanish Auction
IMarketnews.com
Recovery extended to $1.3143, dropped to $1.3115 before fresh demand emerged ahead of the Spain auction, spreads tightening. ...
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Portuguese PM Socrates: Don't Need IMF, EFSF Help
Wall Street Journal
Socrates also repeated that the country's economy grew 1.3% in 2010, drawing an unspoken comparison with Greece and Ireland, whose economies both contracted ...
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Treasurys, Bunds, Gilts Fall As Euro-Zone Debt Fear Eases
Wall Street Journal
In contrast, yields on government bonds in many fiscally stressed euro-zone nations, including Spain, Portugal and Greece, dropped after Portugal sold its ...
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Daily Forex Snapshot
Forex Hound
Portugal may join Greece and Ireland in receiving EU bailout aid as economies from Greece, Spain, Portugal may face contraction in their economy and ...
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Successful bond auctions ease euro fears, for now | The Daily ...
LONDON (AP) — Europe got a measure of relief from its debt crisis Thursday after Spain and Italy successfully tapped investors for more money and amid reports. ... Though many analysts believe Portugal will end up having to get a lifeline, as Greece and Ireland have had to, the real concern is stopping the crisis spreading to Spain. Emergency support for Spain would test the limits of the ...
The Daily Caller - Breaking News,... - http://dailycaller.com/
Euro steady before more debt auctions, oil advances (Reuters ...
By marketmaker
Reuters - European leaders insist Ireland's bailout will help draw a line under the euro zone debt crisis but investors are already looking to Portugal and Spain as candidates to fall next. Of PIGS and Elephants ... DE) Chief Executive Josef Ackermann cast doubt on Greece's ability to repay its debt in a TV interview and said a $1 trillion euro zone rescue package will help stabilize Italy and Spain, while the situation in Portugal is more difficult. ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
Euro drifts lower in Asia as Spain auction looms | AAJ News
By APP
The euro eased in Asian trade Thursday after a successful debt auction by embattled Portugal soothed fears for the eurozone economy, dealers said, as attention turned towards Spain and Italy. The European single currency slipped to $1.3099 ... Spain, the fourth biggest economy in the eurozone, equal in size to Ireland, Greece and Portugal combined, must show it can access market financing at affordable rates or re-ignite speculation it will need an international bailout. ...
AAJ News - http://www.aaj.tv/  


Spain, Italy easily tap investors for cash amid reports Germany ...
... whereas Greece, Ireland and Portugal only account for around 2 ... From the AP News Wires: Business ». Spain, Italy easily tap ...
www.newser.com/.../spain-italy-easily-tap-investors-for-cash-a...

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