Today: EUROZONE Debt Crisis News, Feb 26, 2011

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Feb 26, 2011

EUROZONE Debt Crisis News, Feb 26, 2011

Euro Slips As Irish Elections Revive Debt Worries
Wall Street Journal
By Javier E. David NEW YORK (Dow Jones)--The euro weakened sharply Friday, as impending elections in Ireland revived concerns about the euro zone's unresolved debt crisis, which momentarily overwhelmed nervousness about slower US growth and ...
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Portugal PM To Meet Germany's Merkel Over Crisis
Wall Street Journal
According to the spokeswoman, Socrates was invited by Merkel to meet in Berlin ahead of the March 11 and 24 meetings of European Union leaders to discuss steps the euro zone should take to tackle the region's debt crisis. Facing public distaste over ...
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Elections won't distract euro zone talks -Germany
Forexyard
BERLIN, Feb 25 (Reuters) - Germany will pursue a "comprehensive strategy" in European talks in March to solve the euro zone's sovereign debt crisis and not be distracted by elections, a government spokesman said on Friday. ...
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Indebted Irish take revenge in crisis poll
Reuters Africa
The ruling Fianna Fail party is set to be the first political victim of Europe's debt crisis with opinion polls suggesting the giant of Irish politics will be reduced to a rump amid voter anger over the economic meltdown. In the biggest political ...
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Reuters Africa
EURO DEBT SUPPLY-Large core supply, but mkts focus on periphery
Reuters
A weak result could heighten negative sentiment about the periphery with investors already edgy that policymakers will find a comprehensive solution to the debt crisis by a self-imposed end-March deadline. "The rise in funding costs we will likely ...
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PM cagey on achieving loan goals at EU summit
Kathimerini
Greece hopes its request for better loan conditions will be included in a “comprehensive package” for dealing with the eurozone's debt crisis at the March summit. Apart from the Greek loan restructuring, the package would include increasing the ...
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DIARY-EURO-BUSINESS/=3
Forexyard
HELSINKI - Finland will host a meeting of 14 European Union leaders, including Germany's Angela Merkel and France's Nicolas Sarkozy, to help prepare a comprehensive response to the euro zone debt crisis. PARIS - Central Bank Chiefs discuss regulation ...
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Hungary Committed to Fiscal Sustainability, Says Fiscal Council Head
Wall Street Journal (blog)
[Euro zone] monetary policy has charged ahead being common for the region, while economic policy remained at the sovereign level. [After the crisis] the unification of economic policies within the euro zone is the way ahead, rather than the breakup of ...
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Daily Forex Summary on USD, Euro, GBP, JPY, CHF, AUD, CAD and NZD
International Business Times
Focus has once again shifted towards the Eurozone's unresolved debt crisis as fears recede that unrest in Libya would impede global oil production. Impeding elections in Ireland have markets worrying that the second recipient of joint EU-IMF "bailout" ...
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Haircuts must be possible for all new bond issues, says report
Europolitics.info
"Intergovernmental bailout systems in Europe risk opening up additional contagion channels through which the crisis of a single country could in the end endanger the euro system as such," the report says. Driven by a need to eliminate the moral hazard ...
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Restoring growth, improving competitiveness priorities for Europe: IMF
Xinhua
"On the one hand, as everybody knows, we still need to work through the sovereign debt crisis and address the systemic risks associated with it. On the other hand, there is, in parallel, a real revolution in terms of the new regulatory framework that ...
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Profit Layup: A Big Score for MSG
Barron's
European Union leaders talk about a response to the euro-zone debt crisis. Central bank heads discuss regulation amidst global imbalances. Friday 4: The February employment report should deliver some payback for January's weather-stricken number. ...
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Gold Eyes $1430/oz as Middle East/North Africa Tensions Escalate
Daily FX
Meanwhile, debt fears in the 17 member euro area are deepening, adding confirmation to my bullish gold outlook. As of late, the yield on Portugal's, Spain's, and Greek 10 year notes are up 6bp (7.31 percent), 1bp (5.34 percent), and 4bp (11.60 percent) ...
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European economic confidence up again
BusinessWeek
... the impact from the government debt crisis has abated, for now at least. The EU's executive branch said Thursday that its economic sentiment indicator spiked by a point in the eurozone to 107.8, its highest level for nearly three and a half years. ...
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Weekly Review of Events Involving Slovenia, 19-25 February
STA - Slovenska Tiskovna Agencija (subscription)
LJUBLJANA - The Invisible Workers of the World (MWW), a civil group promoting the plight of migrant workers in Slovenia who lost their jobs due to the crisis in construction, said a government decision to provide EUR 300000 in aid to workers who cannot ...
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AP national news calendar - San Antonio Express-News
Lisbon, Portugal â�” Portugal aims to raise up to 1 billion euros in a sale of 6- and 12-month Treasury bills in a test of its ability to raise funds amid a debt crisis. Washington â�” Labor Department releases weekly jobless claims, ... Kroger Co. releases quarterly financial results. Wendy's/Arby's Group Inc. releases quarterly financial results. Frankfurt, Germany — European Central Bank's governing council meets to set interest rates for the 17-nation eurozone. ...
Business National/International... - http://www.mysanantonio.com/business/national_international
German economists argue that the European rescue fund and the case ...
By editor of MarketObservation.com
It says that they create the wrong incentives and that they will only further intensify the debt crisis in Europe, at the risk of undermining the foundations of the EU itself. It calls on the German government to act. read more on Vox ...
Economics - http://www.marketobservation.com/blogs/index.php?blog=10
Business events scheduled for the coming week | The Associated ...
By The Associated Press
LISBON — Portugal aims to raise up to 1 billion euros in a sale of 6- and 12- month Treasury bills in a test of its ability to raise funds amid a debt crisis. Results expected mid-morning. BERLIN — German Chancellor Angela Merkel meets Austrian Chancellor ... FRANKFURT, Germany — European Central Bank's governing council meets to set interest rates for the 17-nation eurozone. FRIDAY, March 4. WASHINGTON — Labor Department releases employment data for February, 8:30 a.m.; ...
Examiner RSS - http://www.sfexaminer.com/feeds/all/rss.xml
Obama criticised for timid handling of Libya crisis : President ...
By World News - International news and world...
Disagreement over EU debt crisis deepens. Disagreement over how to fight Europe's debt crisis deepened on the eve of a two-day summit of European leaders , as violent protests and uncertainty fuelled investors' concerns once again. Amid ... Disagreement over EU debt crisis deepens ... The New Zealand dollar tested support yesterday at its lowest level in a month against the greenback, as investors once again shunned risk amid growing fears about the euro zone's debt crisis. ...
KIWI 24x7 - http://kiwi247.com/
EU Debt Crisis - Will the Euro Crisis Strike Back? - CNBC
If previous EU responses to the euro crisis are any guide, ... and the rest of the euro zone to get their houses in order and get ahead of the market. ...
www.cnbc.com/id/.../Will_the_Euro_Crisis_Strike_Back
Merkel-Sarkozy Love Fest Blooms over EU Biz Pact (Slide Show)
But as debt crises loom in Ireland and elsewhere, and as it has become ... When the euro zone crisis began in January 2010, Germany refused to take ...
www.thefiscaltimes.com/.../Merkel-Sarkozy-Love-Fest-Blooms...
German MPs to vote on debt crisis motion in mid-March - Yahoo! News
German MPs to vote on debt crisis motion in mid-March ... to thrash out a deal on further steps in the crisis but before a full EU meeting on March ... LONDON -- Annual money-supply growth in the euro zone, one of the European Central … ...
news.yahoo.com/s/nm/20110225/bs.../us_eurozone_germany
could the eurozone debt crisis derail the recovery - docstoc
Tags: the euro, eurozone countries, member states, European Central Bank, Eurozone economy, debt crisis, ERM II, single currency, interest rates, ...
www.docstoc.com/.../could-the-eurozone-debt-crisis-derail-the...

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