By Gregory White
It's essentially a conflict between Germany's Chancellor Angela Merkel and everyone else. Merkel wants some sincere concessions from other eurozone members before she's willing to budge on the bailout terms for Ireland and Greece. ... that pushes the eurozone's big problems down the line. But if there has ever been a sign that now is not the time for weakness, the downgrade of Spain is it. It has sent the price of insuring Spain, Irish, Portuguese, and Greek debt soaring. ...
Business Insider - http://www.businessinsider.com/
EUobserver / Pressure grows for independent audit of Greek debt
On Friday, Irish development organisation Afri, author Fintan O'Toole, a series of ... In 2007, the Ecuadorean government established a debt audit commission whose ... [Comment] Italy and Belgium - eurozone's overlooked Achilles' heel ... to Lisbon to meet Portuguese FM Luis Amado for talks ahead of an EU foreign ...
euobserver.com/19/31930
Spain downgrade sparks storm over rating agencies - Yahoo! UK ...
Moody's praised Spain for its market reforms and said "debt ... penal rate of interest on the Irish and Greek rescue by enough to make any difference. Capital flight from the eurozone is likely to gather pace if none of these changes are agreed this month. This risks raising the stakes for Spain, and perhaps Italy. ...
uk.finance.yahoo.com/.../Spain-downgrade-sparks-storm-tele-...
Portugal can solve debt problems alone, PM insists - Worldnews.com
Ireland's budget deficits grew sharply after it guaranteed the bad loans of the ... Forex News Recap (12/17): EU Creates 2013 Debt Mechanism, Ireland Downgraded ... And debt problems extended beyond Greece. Ireland asked euro-area members and the IMF ... Portugal, Spain and Italy could soon require emergency loans. ...
article.wn.com/.../Portugal_can_solve_debt_problems_alone_...
Europe Debt Crisis May Boil to Surface This Week - CNBC
The moment of truth for Europe's sovereign debt crisis may be far closer than ... NEWS .... the PIIGS—debt-ridden Portugal, Italy, Ireland, Greece and Spain— because ... If the assembled Euro Zone leaders are seen struggling to resolve what ... Today, the extra the market demands to hold Greek government debt over ...
www.cnbc.com/.../Europe_Debt_Crisis_May_Boil_to_Surface...
Portugal unveils more debt-cutting measures - Portugal News and ...
The 17 leaders of Eurozone nations will finally sit down together later ... of borrowing for Portugal, Ireland and Greece has hit euro-era highs, ... The long- term market Interest Rate for Spain has come close to setting a record and Italy's ... Ratings agency Moody's cut Spain's Sovereign Debt rating one notch on ...
politifi.com/.../Portugal-unveils-more-debtcutting-measures-17...
News about business and economics at Friday 11th March 2011
The whiff of contagion swept through the eurozone once again yesterday. ... Greek and Portuguese debt against default jumped as a fresh bout of near- paranoia swept markets. .... Moody's praised Spain for its market reforms and said "debt sustainability ... This risks raising the stakes for Spain, and perhaps Italy. ...
www.martinfrost.ws/htmlfiles/mar2011/bn1843.html
Cut Debt : Budget 2011
Cut Debt : Budget 2011- Latest News from India Union Budget 2011-2012. ... expressed concerns over debt levels in the eurozone by selling off bond holdings , ... Portugal's 10-year yield hit a record above 7.5%, while Italy's 10-year ... and is the first to classify Greek government debt as 'highly speculative'. ...
www.moneycontrol.com/budget-2011/cut-debt/
Action Economics morning alert -
Moody's downgrade of Spanish and Greek debt ratings over the past week has ... rates for Greece and Ireland, if bouth countries agree to further measures, .... downgrade of its Spain rating yesterday brought eurozone debt concerns back to ... the Greek down 2 bp, but the Portuguese up 7 bp and the Irish down 1 bp. ...
money.ca.msn.com/investing/markets/market.../article.aspx?cp...
EU Summit Clash Looms as Kenny Rejects Merkel's - SFGate Business ...
March 11 (Bloomberg) -- Irish Prime Minister Enda Kenny rebuffed German Chancellor ... Greece has already dismissed selling state- owned land to cut debt, ... allow Portugal to bring the deficit down to the EU's 3 percent limit in 2012, ... Portuguese Finance Minister Fernando Teixeira Dos Santos said in Lisbon. ...
sfgate.bloomberg.com/SFChronicle/Story?docId=1376...
Global Finance: A House Divided
the collapse of the Irish property market revealed gaping holes in the banks' .... could aggravate further public deficit and debt. the eurozone's external trade .... Italy has already announced an austerity plan. its lack of solidarity . .... 2010 pg 20 CONTENTS GREEK DEBT CRISIS AND THE PIIGS: EUROPE'S FINANCIAL ...
www.scribd.com/doc/.../Global-Finance-A-House-Divided
ISC » Bond Market Anticipates Greece Defaulting as EU Leaders Meet ...
Portuguese 10-year bond yields reached 7.70 percent on March 9, the highest since at ... while Irish 10-year yields touched the most since February 1993. ... Downgrading Greek debt weeks before the EU decides on new measures for ... “ It wouldn't just be a problem for Greece, but for the whole euro zone,” if the ...
news.isc.vn/.../bond-market-anticipates-greece-defaulting-as-e...
Value Added Online - Greece Default Bets Mount as Spain Exits Sick ...
The average annual cost of protecting of Greek, Irish and Portuguese ... Portugal, Greece ratings kept on negative outlook by S&P on debt concerns [ GRECON] ...
https://www.valueadded.com.cy/News/Greek/44552.aspx?...
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