IRELAND, Portugal, Spain, Italy, Greece, News, Jan 17, 2011

Eurozone Avoids Meltdown — For Now The New American In defiance of all logic, the eurozone weathered a week of harrowing instability this past week, with Portugal, Spain, and Italy managing to persuade the ... See all stories on this topic »

Belgium readies fresh debt sales as markets improve Reuters Italy, Portugal and Spain have all sold debt in the past week after EU officials said the euro zone's bailout fund should be expanded. The bloc's finance ... See all stories on this topic »

Advice for Eurocracy: Take a Tip From Nike and 'Just Do It' Wall Street Journal They know, too, that very soon they will have to organize restructurings of the sovereign debt of Greece and Ireland. Now, if the leaders of the euro zone ... See all stories on this topic »

Spain: Reluctant retrencher Financial Times The eurozone enjoyed one of its best periods last week since the crisis erupted a year ago. Crucial debt auctions by Portugal, Spain and Italy succeeded; ... See all stories on this topic » Financial Times

Spanish Makes Successful Bond Sale, Eases EU Fears Tripoli Post Spain proved it can tap the financial markets for money, selling its maximum target of 3.0 billion euros ($3.9 billion) in five-year bonds with demand ... See all stories on this topic »

World's ATMs pump billions into wrong places ArabianBusiness.com Bailouts of Greece and Ireland merely pave the way to even bigger ones of Portugal, Spain and, perhaps, Italy. It's this last economy that should have ... See all stories on this topic » ArabianBusiness.com

Can Europe Be Saved ? GuruFocus.com Frankly, I find it hard to see how Greece can avoid a debt restructuring, and Ireland isn't much better. The real question is whether such restructurings ... See all stories on this topic »

Trichet Bonds Echoing Brady Plan May Fix Debt Woes Bloomberg Successful bond auctions by Portugal, Spain and Italy prompted a rally that nudged yields lower. What may eventually work is an exchange of old debt for new ... See all stories on this topic »

Europe Posts Gains Live Trading News ... Index gained 1% on the week as Portugal, Spain and Italy completed debt sales. The gauge rallied 8.6% in Y 2010 as the EU rescued Greece and Ireland, ... See all stories on this topic » Live Trading News

A guide to eurozone bond auction styles FT Alphaville (blog) Italy is also quite ready to tap international bond markets ad hoc, such as by issuing medium-term notes. But now let's move on to Spain and Portugal, ... See all stories on this topic »

WEEK IN FOCUS REPORT INCLUDING: Earnings galore... Proactive Investors UK ... recovery that the PIIGS (Portugal, Italy, Ireland, Greece and Spain) are enduring amid a move by Fitch rating agency which cut Greece to junk status. ... See all stories on this topic »

sharp fall against euro Business Recorder Speculation that European policy-makers may top up their war chest against attacks on euro zone sovereign debt was adding fuel to short-covering even though ... See all stories on this topic »

Russia Week: Still All About Oil BSR Russia (blog) Portugal, Italy and Spain all sold new debt issues last week and Japan joined China in declaring that it would buy more eurozone sovereign debt. ... See all stories on this topic »

Inflation, interest rate fears may continue to take a toll Economic Times However , sovereign bond sales in Spain, Italy and Portugal have alleviated those concerns and acted as a dampener on gold demand. Locally, with the wedding ... See all stories on this topic »

Euro Weakens on Debt Concern as Finance Chiefs Prepare to Meet BusinessWeek European finance chiefs meeting in Brussels today will discuss a revamped debt-crisis-fighting strategy. While bond auctions in Portugal, Spain and Italy ... See all stories on this topic »

Europe's Junk Proves Safer Than Risky Bank Debt: Credit Markets BusinessWeek Default swaps on Portugal rose 20 basis points to 489, Greece increased 15 basis points to 926 and Italy climbed 8 basis points to 212, CMA prices show. ... See all stories on this topic »

Successful bond auctions ease euro fears, for now TMCnet The country makes up over 10 percent of the eurozone economy, whereas Greece, Ireland and Portugal only account for around 2 percent each. ... See all stories on this topic »

Quote of the day Peninsula On-line Schaeuble said he did not expect Portugal, Spain, Italy and Belgium to need to draw upon the rescue fund. “No one is rushing to ask for aid from the fund, ... See all stories on this topic »

Global Markets Weekahead: reality checks ahead for investors Business Recorder (press release) (blog) Reality check one should be the EU finance ministers meeting. It follows a series of relatively successful bond auctions in Portugal, Spain and Italy that ... See all stories on this topic » China's financial clout felt in Europe | Slinking Toward Retirement By admin Europe's roiling debt crisis is deepening once again, with analysts fearing that cash-strapped Portugal and perhaps far-larger Spain might soon follow Greece and Ireland in needing a massive international rescue. ... Early Tuesday, Japan said it planned to support European efforts to contain the euro zone debt crisis, according to Bloomberg News. Japanese Finance Minister Yoshihiko Noda told reporters in Tokyo his government was preparing to buy more than 20 percent of an ... Slinking Toward Retirement - http://slinkingtowardretirement.com/ Finfacts Ireland Blog: Business & Finance: ECB Director Bini ... By Michael Hennigan As for restructuring, in March 2010, Germany's top bank, Deutsche Bank, had a combined €14.8bn of gross sovereign debt exposure to the “peripheral” EU states of Greece, Spain, Portugal, Ireland and Italy, of which €10.4bn was to Italy. ... Finfacts Ireland Blog: Business... - http://www.finfacts-blog.com/ NewsDaily: Trichet urges enhanced Europe standby fund European Central Bank President Jean-Claude Trichet urged Ireland and Greece to live up to commitments made in return for financial help and said a broader European safety fund should be beefed up. ... MADRID/FRANKFURT, Jan. 13, 2011 ( Reuters) — Spain and Italy staged successful bond sales on Thursday, easing concerns about an escalation of euro zone debt strife and buying the bloc's leaders more time to come up with a new package of anti-crisis measures. ... NewsDaily: Business Headlines - http://www.newsdaily.com/ World financial news » EU Begins Talks on Rescue as Germany ... By Newsmaker A rising euro and successful bond auctions in Portugal, Spain and Italy offered a respite last week from market pressure for steps that go beyond the emergency aid program and the European Central Bank's unprecedented bond purchases. ... Germany endorsed the need for a “comprehensive” approach to stemming the debt contagion amid concern that Greece and Ireland, recipients of 178 billion euros in European and International Monetary Fund loans last year, will struggle to ... World financial news - http://financialmarketweblog.com/ EU Finance Chiefs Starts Two-Day Meeting In Brussels, Where The ... By Fundamental EU leaders meeting last meeting in 2010 came out with an agreement to put a permanent mechanism for combating potential debt crisis starting from 2013, while Germany proposed to offer financial aid if it is very necessary where bondholders would participate in some costs of future ... However, successful bond selling by Portugal, Spain and Italy managed to mitigate tensions in markets, helping the euro to rebound to one-month high on Friday and bind yields to cool down. ... forex info - http://forexguwe.com/ Rescue Overhaul in Prospect as European Officials Get Backing From ... By Winter A rising euro and successful bond auctions in Portugal, Spain and Italy offered a respite last week from market pressure for steps that go beyond the emergency aid program and the European Central Bank's unprecedented bond purchases. ... Debt Drag. Instead, with the EU predicting growth of only 0.9 percent in Ireland in 2011 and a contraction of 3 percent in Greece, the lending bill looms as an additional drag on the economy. Aid talks are running in parallel with the ... News and Finance - http://goodfinanceday.com/ WAIT FOR COMPLETE PACKAGE ON DEBT CRISIS – MERKEL | NIGERIA ... By cooljoe Germany faces mounting pressure from the European Commission and its euro zone partners to strengthen a rescue fund for troubled member states, the European Financial Stability Facility. ... Schaeuble said he did not expect Portugal, Spain, Italy and Belgium to need to draw upon the rescue fund. “No one is rushing to ask for aid from the fund, because this also means strict conditions for national budgetary and financial policy,” he said. ... NIGERIA GENERAL TOPICS, FREE,... - http://www.nigerianbestforum.com/generaltopics/ but the whole point about the eurozone is that it is insulated ... By niqnaq European leaders need to face facts: their strategy for tackling the crisis sweeping through the eurozone is failing dismally. Far from preventing contagion , it is spreading it. It is aggravating, not alleviating, Europe's debt problems . ... And whereas Greece's bailout cost €110b and Ireland's €85b, Spain's could top €400b, and then, who knows? The crisis could sweep on to Italy, Belgium, France and eventually Germany too. At some point the cost of bailing out banks ... Niqnaq - http://niqnaq.wordpress.com/ Porter Stansberry: Protect Yourself From 2011′s Global Economic ... By mosesman Greece, Ireland, Spain, Portugal, and Italy have all made the same mistake. They responded to the collapse of real estate prices and debts by guaranteeing the private obligations of their banks with their country's treasury. (America is doing the same, by the way. ... Quantitative easing 3 will be another $1 trillion effort, this time focused on buying European sovereign debt. The Fed must become the lender of last resort not only for the U.S., but for the world. ... Socio-Economics History Blog - http://socioecohistory.wordpress.com/ Europe Posts Gains | Live Stock Trading News | Equities, Forex ... By Shayne Heffernan The benchmark Stoxx Europe 600 Index gained 1% on the week as Portugal, Spain and Italy completed debt sales. The gauge rallied 8.6% in Y 2010 as the EU rescued Greece and Ireland, companies reported increased profits and the US Federal ... Ebeling Heffernan Live Trading News - http://www.livetradingnews.com/ One Step Forward in the Euro Zone? By Claus Vistesen Spain should be in completely between May and August. As such, if it is part of a general euro zone backstop to the Spanish financial system it may be quite a move (and also as noted a sea change since all the quibble on Ireland ... As such, I assume that my model economy starts with a debt/gdp at a humble 60% to GDP (say in 2010) and that it pays 5% on its entire sovereign debt portfolio. The point here is that while e.g Portugal might have paid 6.7% on its last issuance ... Credit Writedowns - http://www.creditwritedowns.com/ The Hourly G: EUROPEAN MORNING (news) DUMP: Germany Now OK with ... By Gonzalo Lira The successful bond sales of both Portguese and Spanish debt last week seems to have given more impetus to Barroso's idea. So this afternoo, Germany's finance minister, Wolfgang Schaeuble, is joining the other eurozone FM's to talk about expanding the ... To me it seems to be a race between Italy and Spain for the next domino to fall, Portugal should be considered timber-esque. I wonder what's gonna happen when Hu tells Uncle O to stick it? C deK. January 17, 2011 7:11 AM ... The Hourly G - http://thehourlyg.blogspot.com/ Euro Talks to Begin Package Unlikely - Mark's Market Analysis By Mark A rising euro and successful bond auctions in Portugal, Spain and Italy offered a respite last week from market pressure for steps that go beyond the emergency aid program and the European Central Bank's unprecedented bond purchases. ... Debt Drag Instead, with the EU predicting growth of only 0.9 percent in Ireland in 2011 and a contraction of 3 percent in Greece, the lending bill looms as an additional drag on the economy. Aid talks are running in parallel with the ... Mark's market analysis - http://www.marksmarketanalysis.com/ WEEK IN FOCUS REPORT INCLUDING: Earnings galore... They think it's all over…it is nowThe dramatic U-turn by the EU policy makers to open discussions on expanding the use of the European Financial Stability Facility (EFSF) managed to ease some of lingering concerns over the stability in the ... However despite the apparent optimism, investors were reminded of the depressingly weak state of the economic recovery that the PIIGS (Portugal, Italy , Ireland, Greece and Spain) are enduring amid a move by Fitch rating agency which ... Proactiveinvestors United Kingdom... - http://www.proactiveinvestors.co.uk/ Out of the euro « Dandelion Salad By dandelionsalad With the euro, devaluations are no longer possible and the countries become trapped in debt. But when countries sign to become part of the euro area, they also commit themselves to reduce their public debt below 60% of their gross ... It is not an accident that Greece, Portugal, Spain and Ireland are most severely hit today. Economically these countries can't be compared with countries like Germany! When a crisis strikes the euro area it's immediately apparent that the ... Dandelion Salad - http://dandelionsalad.wordpress.com/ Euro-Zone Debt Supply So Far So Good But Key Tests Loom Debt sales this week in Greece, Portugal, Spain and Italy, all fiscally frail or highly ... Another positive could come from a meeting of euro-zone finance ... online.wsj.com/article/BT-CO-20110114-709740.html Today: Ireland, Portugal, Spain, Italy, Greece, News The EU's debt crisis could spill over into banks in Portugal, Spain, Italy, .... Italy is not Ireland, Spain is not Greece. ... finance.fortune.cnn.com/. ... interalex1.blogspot.com/.../ireland-portugal-spain-italy-greece... The European Debt Crisis - Part 2 Spain insists that it is not Greece, Ireland or Portugal. ... "help" was to safeguard financial stability in the Euro area, as much as rescue Ireland. ... Spanish debt now trades at 5.50-6.00%, while Italy is trading close to 5.00%. ... www.eurointelligence.com/index.php?id=581&tx... www.smh.com.au - Debt trap in Europe Spain insists it is not Greece, Ireland or Portugal. Italy insists it is none of ... It could also include the issue of euro-zone bonds (e-bonds) to finance ... www.smh.com.au/.../debt-trap-in-europe-20110114-19rdu.ht... NewsDaily: Euro zone escalation fears ease after Spain auction Today, Spain and Italy passed their first major financial tests of 2011, ... Following rescues of Greece and Ireland last year, Portugal and Spain are seen ... easing concerns about an escalation of euro zone debt strife and buying the ... www.newsdaily.com/stories/tre70b3au-us-eurozone/ The Ongoing Portuguese Debt Crisis As with Ireland, Portugal is now denying the need for any bailout, ... Greece, and Ireland, as the EU's financial führers continue to kick the can further and ... of Greece and Portugal spill over into larger ones, like Spain and Italy. ... www.thenewamerican.com/.../5830-the-ongoing-portuguese-d... Mission unaccomplished: EU debt woes bite deeper - Money - DNA For Greece, a lethal cocktail of the need to finance maturing debt and ... Domestic banks in Greece, Ireland, Portugal and Spain purchased their own ... www.dnaindia.com/.../comment_mission-unaccomplished-eu-... Euro Zone | Financial Feed About 20% of euro zone debt is what Japan plans to buy said Finance Minister ... Japan and China will buy euro issued bonds to help out Ireland and Greece. .... Last week's drop in government bonds had Portugal, Spain and Italy wanting ... www.financialfeed.net/tag/euro-zone/ EU s Rehn seeks stronger fund, Portugal sells debt Ireland bail-out: Portugal and Spain are braced for the debt storm ... The EU is still trying to convince skeptical financial markets that it has a clear and ... crisis has been on the PIIGS, Portugal, Italy, Ireland, Greece, and Spain. ... upcoming.current.com/search?q=EU's+Rehn+seeks... Portuguese bond yields continue to rise amid market tension over ... Before Ireland was forced to accept a rescue from its partners in the EU and ... Germany's economy is healthy compared with Portugal and Spain, ... a consequent impact on Thursday's debt offerings from Spain and Italy, ... All eyes would then turn to next week's meeting of eurozone finance ministers in Brussels. ... ca.finance.yahoo.com/.../Portuguese-bond-yields-capress-377... The Euro is dead - Comments and suggestions - People Forum Even after the economic crisis exposed the eurozone's troubled future, ... such as Greece, Ireland, and Portugal -- as well as large countries, such as Spain ... that Italy and Greece spent so much is that their interest rates on debt fell ... Southern European countries, notably Spain, Italy, Portugal, and Greece , ... www.peopleforum.cn/redirect.php?tid=59571&goto... TheRecord - European debt crisis fails to hammer Spain, Italy so... Europe got a measure of relief from its debt crisis Thursday after Spain and ... 10 per cent of the eurozone economy, whereas Greece, Ireland and Portugal only ... speculation that eurozone finance ministers are preparing initiatives to ... www.therecord.com/.../473771--european-debt-crisis-fails-to-... Euro Area Credit Watch, January 10 – Portugal Inches Closer To A ... Germany's finance ministry said it was "not pushing anyone to accept a bailout". ... 5 year CDS spreads on Portugal, Italy, Greece and Spain. ... 5 year CDS spreads on Ireland's sovereign debt, the senior debt of Bank of Ireland, ... www.acting-man.com/?p=6028 EU in talks to boost debt rescue fund — EU business news ... Talks on boosting the size of a eurozone debt rescue fund for troubled economies ... crisis could spread to even bigger economies such as Spain, Belgium and Italy. ... Senior officials from EU finance ministries discussed the crisis fund ... Spain's economy is twice that of Greece, Ireland and Portugal combined. ... www.eubusiness.com/news-eu/eurozone-finance.81i/ The euro area's debt crisis: Bite the bullet | The Economist Spain, though, is probably solvent. On our estimate its prospective debt ... Ireland and Portugal are less clear-cut cases. A public-debt ratio in three ... Two other euro-zone countries, Belgium and Italy, already have public debt of 100% ... far less on foreign capital than Greece, Ireland or Portugal (column 4) . ... www.economist.com/node/17902803 Portugal easily sells bonds; rates go up, down; fear abates ... The government debt agency said it sold euro650 million in bonds with a ... With Portugal still dangerously close to requiring financial help and ... Both Spain and Italy are due to hold bond auctions Thursday. ... The country accounts for more than 10% of the eurozone economy, whereas Greece, Ireland and Portugal ... www.usatoday.com/.../2011-01-12-portugal-bond-sale_N.htm info@als-alexander.com or interalex1@yahoo.com