Today: EUROZONE Debt Crisis News, Mar 25, 2011

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Mar 25, 2011

EUROZONE Debt Crisis News, Mar 25, 2011

As EU Agrees Crisis Plan, Portugal Woes Steal Show
ABC News
AP By DAVID McHUGH and GABRIELE STEINHAUSER AP European Council President Herman Van Rompuy speaks during a media conference at an EU summit in... The European Union sought Friday to draw a line under the government debt crisis to keep the market ...
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ABC News
FACTBOX-Coming events in euro zone debt crisis
Reuters
March 24/25 - Two-day summit of EU heads of state and government in Brussels to agree a package of measures for dealing with the European financial crisis. -- April 7/8/9 - Informal meeting of European finance ministers in Hungary. ...
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EU summit on 'comprehensive' crisis response to leave loose ends
EUobserver.com
... final touches to a raft of policies - aiming to deliver closer economic co-ordination as well as a steroid injection to the bloc's bail-out mechanisms - was to be agreed and presented as a 'comprehensive response' to the ongoing eurozone crisis. ...
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EMU debt crisis – the third!
FXstreet.com
What is more likely, in contrast, is that the EMU-wide political and public conflict over the costs of the debt crisis and the design of an anti-crisis mechanism will increase. The EU summit currently under way can do little to change this. Headwind. ...
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Eurozone crisis to dominate summit
TV3.ie
The scale of the growing financial crisis in the Eurozone will continue to dominate a summit of EU leaders in Brussels today. Taoiseach Enda Kenny has acknowledged the cost of Ireland's bailout is not on the agenda at this stage. ...
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Juncker says does not expect Portugal to seek aid
Reuters
European Union heads of states and government will discuss the situation in Libya and the eurozone debt crisis, among other issues, during the two-day summit. BERLIN (Reuters) - Eurogroup chairman Jean-Claude Juncker said on Friday he does not expect ...
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Reuters
Irish economy slumps, stoking eurozone tensions
AFP
DUBLIN — Ireland's economy shrank in the fourth quarter of 2010, data showed Thursday, sparking new tensions over the eurozone debt crisis amid fears that Portugal could be next for an EU-IMF bailout. Irish gross domestic product (GDP) shrank by 1.6 ...
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AFP
EU economy: Cuts, growth, debt and democracy
The Guardian
It suggests eurozone leaders have not worked out how to fund the proposed European Stability Mechanism and its €700bn bailout fund, which is supposed to sort out the sovereign debt crisis once and for all. None of this means the EU is about to fall ...
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Morning business news - March 25
RTE.ie
The Brussels summit was to have drawn the line under a year-long sovereign debt crisis in the euro zone. EURO CRISIS SPARKS 'MANAGED DEFAULT' PREDICTIONS - The Brussels summit was to have drawn the line under a year-long sovereign debt crisis in the ...
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Euro-Zone Bank Lending Rises in February
Wall Street Journal
The euro zone's recovery from the global financial crisis has been hindered by weak bank lending, particularly to businesses. Bank lending to households remained robust, although the annual rate of loans growth fell slightly to 3% in February from 3.1% ...
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Forex - USD/JPY, EUR/JPY Flows: PBoC: eurozone sovereign debt crisis could ...
FXstreet.com
by FXMarketAlerts Team - FXMarketAlerts | View company's profile EUR,EUR/JPY under selling pressure, weighed by PBoC comments that Eurozonedebt crisis could spread this year. This weighing on sentiment, giventhat China is one of key buyers of eurozone ...
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FXstreet.com
China PBOC: See Risk Of "Competitive Devaluation" By Developed Countries
Wall Street Journal
BEIJING (Dow Jones)--China's central bank said Friday it sees a risk of "competitive devaluations" by developed countries with high unemployment rates, as well as a risk that the euro-zone debt crisis will spread further this year. At the same time, ...
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India silver ends higher on Middle East crisis
Commodity Online
Silver skyrocketed in the local market crossing 57000 mark amid rising concerns over the Euro zone sovereign debt crisis and unrest in the Middle East. Deteriorating geopolitical conditions in the world and concerns over Euro zone sovereign debt issue ...
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Spot gold rose to a new record high of $1447.40
FXstreet.com
Lingering concerns over the Middle East and the Eurozone debt crisis underpinned gold prices. However, gold was unable to hold onto gains as technical selling dominated after the push to new highs. Gold slipped below $1430. Gold posted a top reversal ...
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Business Bullet: Energy, IMF rescue, Stanley Gibbons, Week ahead
Telegraph.co.uk
Robert Miller with the latest City and business news on an end-of-week session where traders try to accentuate the positive, despite military action in Libya; ongoing protests in the Middle East and another Euro zone debt crisis; the International ...
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GLOBAL MARKETS: European Stocks Higher; Debt Concerns Lessen
Wall Street Journal
In foreign exchange markets, the euro traded in a tight range against the dollar and remained resilient in the face of the euro-zone debt crisis and Portugal's travails. Satoshi Tate, a senior dealer at Mizuho Corporate Bank in Tokyo, ...
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Anger mounts over Britain's potential £6bn bill for Portugal
Evening Standard
It put £53 billion aside for loans to euro-zone countries in crisis. Of this, £33 billion is left and Britain's share would be £4 billion if it all goes to prop up Portugal. Britain could also be billed another £1.5 billion through the International ...
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EURO GOVT-Bunds open lower, periphery to remain pressured
Reuters
LONDON, March 25 (Reuters) - Bund futures opened lower on Friday, as equities rose globally, while euro zone's lower rated bonds were set to remain under pressure as an ongoing EU summit looked unlikely to come up with decisive anti-crisis measures. ...
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Euro, curse of the 17 Sisyphus
Presseurop - English
A full 18 months after the outbreak of the Greek crisis, the “peripheral” countries of the Eurozone — that is to say those states culturally and geographically distant from Germany — are sinking into recession and political crisis. ...
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Presseurop - English
European Leaders Agree to Euro Rescue Program
Spiegel Online
EU leaders achieved a breakthrough in Brussels on Thursday night, reaching a deal on the permanent crisis fund that will go into effect in 2013. Nevertheless, worries that Portugal could soon require emergency aid money loomed over the talks. ...
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Spiegel Online
Oracle, Research In Motion, GDP in spotlight
MarketWatch
In Europe, leaders were wrapping up a summit in Brussels addressing the euro-zone debt crisis. Markets were rising on the back of some upbeat corporate news. See Asia Markets. | See Europe Markets. Gross-domestic-product data for the fourth quarter ...
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US Summary 25 March 2011
YTWHW
By XiaoBing 2011-03-25 07:16:46 AM GMT +0800 (YTWHW.com US) - US SUMMARY: The EUR rose broadly, reversing the previous day's declines as expectations of an interest rate hike by the ECB overwhelmed persistent concerns about the euro-zone debt crisis. ...
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Portugal could require $107 billion bailout from EU-IMF
MinnPost.com
Portugal's collapse, and the EU's inability to find quick solutions to mounting problems, sent jitters across world markets. EU leaders were expected to produce concrete measures to build confidence that the worst of the European debt crisis is over, ...
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UK Stocks -- Factors to watch on March 25
Reuters
"Markets look set to repeat yesterday's bullishness as traders shrug off any negativity surrounding the euro zone debt crisis and instead focus on improving corporate earnings," Jonathan Sudaria, a dealer at Capital Spreads, said. ...
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Special conditions for Malta
Times of Malta
The EU summit – which was supposed to close months of negotiations on new rules underpinning the euro – was dominated by Portugal's financial woes which have led to a political crisis. Despite resigning after loosing a crucial Parliamentary vote on ...
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Gold bullion stable above $1430
FXstreet.com
With equity markets yesterday mostly shrugging off the eurozone´s debt issues despite Portugal´s failure to pass key austerity measures, the yellow metal failed to sustain a fresh record high which was brought on by the crisis in the first place. ...
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FT video: Eurozone crisis nears crux | Brussels blog | News on the ...
By FT
Brussels blog from the Financial Times covering the EU's foreign and economic policies and news on the European Commission and European parliament.
Brussels blog - http://blogs.ft.com/brusselsblog/
XE.com - WRAPUP 3-EU delays decision on anti-crisis package details
European leaders gave themselves until June to finalise an increase in their temporary bailout facility at a summit, failing to deliver the broad package they had promised to resolve their debt crisis.
XE Forex News - http://www.xe.com/news/
Portugal crisis clouds EU summit | Stock Market News - Business ...
By Editor - BBC World News
24 March 2011 Last updated at 12:57 ET The Portuguese prime minister warned of.
Rocket News - http://www.rocketnews.com/
As EU agrees crisis plan, Portugal woes steal show | The Daily ...
By admin_blitz
Portugal's crisis took the shine off the second and final day of the EU summit. Leaders put the final touches on an agreement to set up a permanent, €500 million ($706 million) bailout fund to replace the temporary one that expires in ...
The Daily Blitz: news, politics,... - http://www.thedaily-blitz.com/
As EU agrees crisis plan, Portugal woes steal show | The Daily ...
BRUSSELS (AP) — The European Union sought Friday to draw a line under the government debt crisis to keep the market turmoil that is pushing Portugal toward a bailout from infecting other larger debt-heavy countries. But as EU leaders in ...
The Daily Caller - Breaking News,... - http://dailycaller.com/
EU summit greeted by anti-austerity protests « Laaska News http ...
By Laaska News
BRUSSELS, March 24 (Xinhua) — Tens of thousands of people marched here Thursday against austerity measures as European Union (EU) leaders were to begin a crucial summit to endorse a comprehensive response to the year-long debt crisis. ...
Laaska News http://laaska.wordpress.c... - http://laaska.wordpress.com/
Portugal's debt rating cut as EU avoids bail-out talk : Ghana ...
By emma
Having said for weeks that they would agree a “comprehensive package” to tackle the eurozone debt crisis by the end of March, the leaders ended up delaying a final decision on boosting their safety net until mid-year. ...
Ghana Business News - http://www.ghanabusinessnews.com/
Portugal's constitutional crisis overshadows EU summit
By thinkSPAIN.com
Portugal's constitutional crisis overshadows EU summit - Spanish news, news from Spain by thinkSPAIN.com.
thinkSPAIN.com - Spanish News in English - http://www.thinkspain.com/
EU defends austerity, reforms amid massive protests | Tantao News
By Tantao News
Some 20000 protesters took to the road in Brussels during Thursday's morning rush hour, opposing the austerity measures and economic reform plans introduced by EU governments to tackle the sovereign debt crisis. ...
Tantao News - http://www.tantaonews.com/
Portugal crisis plagues EU summit | www.bullfax.com
By marketmaker
Portugal crisis plagues EU summit. Fri, 03/25/2011 - 06:45 EDT story from DAVID McHUGH and GABRIELE STEINHAUSER in. NEWS · RDF10. Yields on 10-year bonds strikes 7.80% on Friday as investors fear Portugal might not be able to roll over ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
EU economic summit continues and will affect the EU debt crisis ...
By IFX
The EU economic summit continues and may provide more info on how the EU debt crisis will pan out whilst G7 currencies gave the go ahead to intervene with the Yen. ... In other news New Zealand's dollar rose to a three-week high against the greenback after the economy expanded in the fourth quarter, avoiding a second straight contraction with GDP figures rising by 0.2%. ...
FX Compared Blog - http://www.fxcompared.com/blog/
Portugal crisis plagues EU summit | The Associated Press | World ...
By The Associated Press
European Union efforts to draw a line under their government debt crisis continue to be frustrated by Portugal's deepening financial woes.
Examiner World RSS - http://washingtonexaminer.com/feeds/50/rss.xml
FACTBOX-Coming events in euro zone debt crisis
March 24/25 - Two-day summit of EU heads of state and government in Brussels to agree a package of measures for dealing with the European financial crisis. ...
http://www.google.com/url?sa=X&q=http://www.reuters.com/article/2011/03/24/eurozone-events-idUSLDE66D1JB20110324&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNGeVDZQzR2Y64bEUaCUQi5kM4Y1pA
PRECIOUS-Gold steady on euro zone, Mideast crisis worries
By Rujun Shen SINGAPORE, March 24 (Reuters) - Gold prices held steady on Thursday after recent gains as worries over the euro zone debt crisis and unrest in ...
af.reuters.com/article/metalsNews/idAFL3E7EO01X20110324
As EU Agrees Crisis Plan, Portugal Woes Steal Show
Portugal's crisis took the shine off the second and final day of the EU summit. Leaders put the final touches on an agreement to set up a permanent, ...
abcnews.go.com/Business/wireStory?id=13219145
Portugal woes complicate EU debt crisis summit - Yahoo! News
A political crisis in Portugal that has forced the resignation of its prime minister dominated the start of an EU summit on Thursday, further complicating ...
news.yahoo.com/s/nm/20110324/bs_nm/us_eu_summit
660 WORL Orlando Portugal woes complicate EU debt crisis summit -
Portugal woes complicate EU debt crisis summit. By Reuters Business News. Thursday, March 24, 2011. By Julien Toyer. BRUSSELS (Reuters) - A political crisis ...
http://www.google.com/url?sa=X&q=http://www.660worl.com/article.aspx%3Fid%3D25dea630-ba32-4e8c-944c-bb63ed1cd71d%26catid%3D0&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNFIop0M8Uf2xuEzLz6mlRpQwvZNxQ
Market Leader : News :: Euro zone: Soros, crisis, Euro
George Soros says that the Euro zone is in triple crisis: the currency (major) crisis, the bank one and the crisis of sovereign bonds.
http://www.google.com/url?sa=X&q=http://www.profi-forex.us/news/entry4000001201.html&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNGvcDlk8kLCW11Drx06yonTy9cUsQ
FT video: Eurozone crisis nears crux | Brussels blog | News on the ...
Brussels blog from the Financial Times covering the EU's foreign and economic policies and news on the European Commission and European parliament.
blogs.ft.com/brusselsblog/.../ft-video-eurozone-crisis-nears-cru...
Politics to block debt crisis steps at EU summit (Reuters) | News ...
BRUSSELS (Reuters) – Political turmoil in Portugal and looming elections in other countries are expected to prevent a summit of European.
newscompt.com/politics-to-block-debt-crisis-steps-at-eu-summ...
Eurozone Debt Crisis back in the Spotlight - Forex Rate Currency News
Currency Trading News and Forex Forecasts for Forex Trading from Forex Rate. Eurozone Debt Crisis back in the Spotlight Free Forex RSS feed.
http://www.google.com/url?sa=X&q=http://www.forexrate.co.uk/news/eurozone-debt-crisis-back-in-the-spotlight/&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNEILykEiVS_7YQSCZJG3I0w8Y5V3g
ANALYSIS: Portugal's political crisis casts shadow over eurozone ...
Lisbon - Portugal was facing a deep political crisis after Parliament failed to endorse the government's latest austerity package and Prime Minister Jose ...
http://www.google.com/url?sa=X&q=http://www.earthtimes.org/articles/news/373103,crisis-casts-shadow-eurozone.html&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNFmBWWSGal7rOiIajdgLSxGDwq9Yg
Eurozone is halfway through crisis, ECB president says - Hurriyet ...
Europe is about half way to achieving the financial market reforms needed to parry a crisis like that seen in past years, European Central Bank president ...
http://www.google.com/url?sa=X&q=http://www.hurriyetdailynews.com/n.php%3Fn%3Deurozone-is-halfway-through-crisis-ecb-president-says-2011-03-23&ct=ga&cad=CAcQAhgBIAEoBDAAOABAw7ay7ARIA1gAYgVlbi1VUw&cd=bzAyBUIJOQw&usg=AFQjCNHa2vqk2W1idZT-EH7jnXetPRLTnA
Portugal woes complicate EU debt crisis summit : S Bank News
UPDATE 1-Portugal unlikely to seek immediate EU bailout- source - XE Forex. Portugal in crisis, unlikely to seek bailout at summit - CHILL-WEIRD NEWS ...
connect.in.com/.../portugal-woes-complicate-eu-debt-crisis-su...



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