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Feb 15, 2011

EUROZONE Debt Crisis News

EU leaders to meet in Finland on debt crisis
Reuters
... to the euro zone debt crisis. The gathering is the latest in a growing diary of meetings between now and a full European Union summit on March 24/25, ...
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EU finmins to agree on parts of competitiveness pact
Reuters
... a Franco-German competitiveness pact for the euro zone, a draft document showed, in what could help seal a late-March deal on tackling the debt crisis. ...
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FOREX-Euro creeps higher but hampered by debt scepticism
Reuters
... but it was undermined by scepticism over how euro zone leaders would come up with a quick and effective solution to tackle its debt crisis. ...
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Eurozone finds £421bn crisis cash
The Press Association
European finance ministers have agreed to find more than £420 billion for a new crisis fund, but continued to argue over the best way to combat the debt ...
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Tackling the Debt Crisis: Ministers Agree 500-Billion-Euro Permanent Rescue Fund
Spiegel Online
But other euro zone countries are resisting the proposal. EU leaders are to meet first on March 11 and then on March 24-25 to reach a deal on the ...
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Spiegel Online
Eurozone grows 0.3% in last quarter, 1.7% in 2010
Sydney Morning Herald
After contracting a record 4.1 percent in 2009, the eurozone posted growth of 1.7 percent overall last year despite the debt crisis that rocked the euro, ...
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Germany Feels Some Push Back as It Grows More Euro-Assertive
New York Times
Throughout last year's protracted debt crisis Mrs. Merkel was largely on the defensive, unwilling to sanction a euro zone bailout until the very last moment ...
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Rehn says terms of bailout may be changed in future
Irish Times
As euro zone finance ministers gathered for the first in a series of meetings at which European authorities hope to toughen their response to the debt ...
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Greek economy to shrink 3 pct or more in 2011 -cbank
Reuters
... public sector pay and pensions and higher indirect taxes have squeezed economic activity, as the euro zone member struggles to resolve its debt crisis. ...
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USD Graphic Rewind: Dollar Index Climbs for Third Day as Portugal Contraction ...
Forex News Now
Renewed focus on debt fears in the euro-area drove the euro to a 3-week low after Portugal reported that its economy contracted in the fourth-quarter of ...
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Van Rompuy: Common currency means doing more in common
Xinhua
4, the EU leaders decided to adopt a comprehensive package in March to deal with the sovereign debt crisis. "The European Council meeting on 4 February ...
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Europe to decide on Egypt asset freeze
AFP
... two-day talks on the euro debt crisis ended early with the surprise announcement that ministers had agreed a 500-billion-euro fund for eurozone states ...
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Kenny tells Merkel would not change Irish corporate tax
Reuters
25 and ahead of two summits on the euro zone crisis scheduled for next month. "We identified the priorities for her from our point of view: the interest ...
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Tough decisions ahead for strapped EU nations
Winnipeg Free Press
The provision, which must be included in all European government bonds after June 2013, would require the payment period to be extended in case of crisis. ...
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Slovak Finance Minister:EFSF Increase Won't Solve Debt Problem
NASDAQ
BRUSSELS -(Dow Jones)- Increasing the size of the euro zone's rescue fund for financially-troubled countries won't solve the underlying problem of insolvent ...
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EURO GOVT-Peripheral unease to continue, Bunds steady
Reuters
Although peripheral euro zone debt remains under close scrutiny, Spain is expected to have little trouble issuing T-bills later in the session, with greater ...
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ECB Official: 'Vehemently Not' Turning Soft on Inflation
Wall Street Journal (blog)
Do you think the worst of the euro-zone debt crisis is behind us, and what could reignite the crisis? Nowotny: I think we have overcome the banking crisis, ...
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Euro area: EUR500bn Permanent Rescue Mechanism
Action Forex
... chance to borrow from the EU on more favourable terms. These measures could potentially ease the debt crisis, but it is still too early to discount it.
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French vote on deficit control rule "before summer"
Forexyard
The euro zone debt crisis has increased pressure on Paris to show it is serious about eliminating a public deficit it failed to erase even in the boom years ...
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How an Italian long shot may become Europe's top banker
Globe and Mail
The 17-country euro zone is groaning under the weight of two sovereign bailouts, high unemployment, rising inflation and uncompetitive peripheral economies. ...
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Globe and Mail
Sweden Statist No More as Krona Makes Merkel's Case for Europe
Bloomberg
Merkel and French President Nicolas Sarkozy want to prevent another crisis after soaring borrowing costs for Greece and Ireland forced the countries to ...
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Shift in Franco-German balance of power changes the rhetoric
Irish Times
The euro zone debt crisis has highlighted a shift in the balance of power within the Franco- German pair, with Berlin's clear dominance in the debates over ...
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Greece leaves the World Economic Forum in better spirits
QFINANCE.com (blog)
... among policymakers and central bankers at Davos that the eurozone debt crisis was over the worst for now, and that the euro would definitely endure. ...
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Spain Fin Min: Need Know Content Of Competitiveness Pact
Automated Trader
"Now we need the euro zone arm of these policies. Each country by itself cannot alone face the challenges of this crisis. It's crucial for markets to be ...
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German Bund Yields Approach Year High on EU Rescue-Fund Deal
San Francisco Chronicle
... fiscal crisis. Bunds also dropped as a report showed Germany's economy expanded in the fourth quarter. The yield on the 10-year bund, the euro-region's ...
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European finance chiefs spar over debt plan
Washington Times
By Gabriele Steinhauser AP BRUSSELS | European ministers fought Monday over the best way to combat the debt crisis that has crippled the eurozone over the ...
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Washington Times
Reuters World News Highlights at 1400 GMT, Feb 14
Forexyard
... the European Union is fuelling market doubts about whether the bloc will come up with a convincing solution to the euro zone's debt crisis next month. ...
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Eurozone agrees funding for future bailout fund
Albany Times Union
European ministers face a potential flare-up in the euro's debt crisis when they meet Monday as investors increasingly worry they might not deliver on their ...
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EU ministers choose Belgian Praet for ECB board job
Forex Pros
... feeding unease in financial markets about divided European policymakers' ability to agree a convincing solution to the euro zone debt crisis. ...
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Euro means doing more in common | Live Stock Trading News ...
By Shayne Heffernan
... package in March to deal with the sovereign debt crisis. “The European Council meeting on February 4th showed that the countries of the EuroZone are determined to give our common currency a strong economic infrastructure,” Van Rompuy said. ... Finance ministers of the euro group are holding a regular meeting Monday afternoon, which will be followed by a meeting of EU finance ministers in the evening to discuss the permanent crisis mechanism to fight the debt crisis. ...
Ebeling Heffernan Live Trading News - http://www.livetradingnews.com/
The EP wants to stay in Brussels, Weber withdraws, Barroso claims ...
By fmpdea
More and more EU member states are requesting each others' assistance on these issues. Keep this in mind for future debates of European Defence integration as soon as the sovereign debt crisis is over… This entry was posted in Current ...
Place du Luxembourg - http://placeduluxembourg.wordpress.com/
XE.com - Brussels think tank maps exit from euro debt crisis
The euro zone must clean up its banking system, reduce Greek debt and boost economic ... debt crisis, an influential Brussels think tank said in a report. ... 'As EU banking supervisors have squandered credibility in the previous round ...
www.xe.com/news/2011-02-09%2012:29:00.../1691489.htm
FxMemo - Forex News - FACTBOX-Coming events in euro zone debt crisis
FxMemo - Forex News - FACTBOX-Coming events in euro zone debt crisis. ... implementing reforms agreed with the IMF and EU. ...
www.fxmemo.com/forum/thread/3291099/
EURO ZONE - RISING BOND YIELDS IS ALARMING TO PORTUGAL
In the absence of comprehensive euro zone debt strategy investors continue to fret ... An EU official in Brussels said Portugal's interest rates were clearly ... of the euro zone's crisis strategy to provide markets with more stability. ...
www.latindailyfinancialnews.com/.../7779-euro-zone-rising-b...
=> FACTBOX-Coming events in euro zone debt crisis <=
meet to prepare a comprehensive response to eurozone debt. crisis. -- March 11 - - Euro zone summit in Brussels to prepare for. full EU summit on March 24. ...
www.finanznachrichten.de/.../19371226-factbox-coming-even...

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