Today: IRELAND, Portugal, Spain, Italy, Greece News, Mar 24, 2011

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Mar 24, 2011

IRELAND, Portugal, Spain, Italy, Greece News, Mar 24, 2011

"Very unfair" to lump Spain with EU stragglers, gov't says
Fox News
"The original sin of Europe was to consider Portugal, Italy, Ireland, Greece and Spain as a club," Miguel Sebastian said at Bloomberg's Spain Investment Strategies conference in New York, alluding to the "PIIGS" acronym coined during last year's Greek ...
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Portugal Crisis Overshadows EU Summit
Wall Street Journal
If Portugal does seek a bailout, it would be the third euro-zone member to turn to other members of the European Union and the International Monetary Fund, after Greece and Ireland went first. Mr. Socrates' resignation forces President Anìbal Cavaco ...
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Danske Bank On The 3 Scenarios For The European Sovereign Debt Crisis
The Business Insider
The candidates most in danger of this are Greece, Ireland and Portugal in descending order. It is less clear how this technically would be done. However, this does not automatically mean that they would have to leave the EMU, just as nobody expects ...
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International events and EU failings conspire to push up borrowing costs
Irish Independent
Companies and banks in Spain, Portugal, Italy, Greece and Ireland raised €26.6bn from bond sales in the common currency this year, Bloomberg data show. That's a 40pc drop from the €44.6bn of debt sold in the same period last year and bigger than the ...
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Interest Rate Shock Would Force Recapitalization of 25% of Eurozone Banks
Seeking Alpha
Furthermore, our stress scenario would prompt the recapitalization of around one-quarter of EU financial institutions, especially in Greece, Ireland, Italy, Portugal, and Spain. Overall, our scenario analysis findings indicate that total bank ...
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EURO GOVT-Portuguese bonds seen under pressure
Reuters
Commerzbank strategist Marcel Bross said the crucial issue for Spain, Italy and Belgium now is whether the EU will take decisions that will keep the risks in Greece, Ireland and Portugal from spilling over. "We feel that the spread tightening leg in ...
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Eurozone new industrial orders index rose by 0.1% in month of January
FinFacts Ireland
The Eurozone(EA16) consisted of 16 member countries up to 31 December 2011: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. ...
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FinFacts Ireland
EU Leaders to Wrangle Over Responses to Debt Crisis, Libya
CRIENGLISH.com
The package includes an expansion of the EU's bailout fund, establishment of a permanent rescue mechanism in the eurozone, lower interest rates on bailout loans provided to Greece and Ireland, a new round of stress testing in the banking sector, ...
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Junior Participates in European Student Conference on Environmental Policy
DePauw University
Mull joined students from Cyprus, France, Germany, Greece, Italy, the Netherlands, Spain, and Turkey, and other American students from 20 US colleges and universities studying abroad in England, France, Germany, Ireland, Northern Ireland and Spain at ...
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DePauw University
Budget 2011: George Osborne's key claims tested
The Guardian
... in borrowing over the next five years – surpassed only by those planned by Iceland and Ireland. • "The UK is forecast to grow more strongly in the coming year than Spain, Italy, France, the average for the eurozone and the average for the EU. ...
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The Guardian
Why don't the Irish make wine?
Iowa City Press Citizen
New Zealand, Australia, Spain, Germany, Chile, South Africa and Italy also were the richer for Ireland's despair. Even though the EU did recently list Ireland as a wine-producing country, there is very little wine actually produced there, and even less ...
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The Overnight Report: Let Us Rebuild
International Business Times AU
The question is, nevertheless, as to whether a bail-out of Portugal or even a rash of sovereign debt restructuring will make a lot of difference to a world now largely expecting such an outcome anyway. Spain? Now that would be different. Italy? ...
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Other: BoE not closer to a tightening of policy
FXstreet.com
Also national data show a mixed picture as orders rose sharply in Ireland (6.2% M/M), Germany (3.7% M/M) and Spain (3.2% M/M), while they fell in France (-7.8% M/M), the Netherlands (-7.1% M/M), Italy (-1.5% M/M), Portugal (-0.7% M/M) and Greece (-0.2% ...
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German central banker calls for local leeway in global financial regulations
Business Day
Banks worry over multispeed capital rules within the EU with Britain, Sweden, Spain and Ireland requiring banks to meet or exceed the new Basel 3 rules ahead of time while regulators in France, Germany and Italy are less insistent. ...
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Oil's 'snakes and ladders' game continues
BusinessLIVE
There is also weak demand in debt-ridden euro-zone countries such as Greece, Ireland, Portugal, Spain and Italy. The bottom line is that geopolitical uncertainties and speculators are contributing to anything from US$20-US$45 per barrel in current oil ...
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ECB's Weber says bank capital rules must be flexible
Forex Pros
Banks worry over multi-speed capital rules within the EU with Britain, Sweden, Spain and Ireland requiring banks to meet or exceed the new Basel III rules ahead of time while regulators in France, Germany and Italy are less insistent. ...
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Commission Awards New EU Legal Status to Cross-Border Databank
Denmark, Spain, France, Italy, Portugal, Greece, Sweden, Poland, Ireland, Estonia, Luxembourg, Hungary and Slovenia are the other EU countries (along with Israel) which have so far taken part in the SHARE project and may sign up later to the ... So it is good news that SHARE will become the first European Research Infrastructure Consortium. I hope other cross-border research infrastructure projects will also apply. That would be a major boost to our drive to complete the ...
eHealthNews.EU Portal / All News - http://www.ehealthnews.eu/index.php
Portuguese Parliament Rejects Austerity Plan, PM Socrates Resigns ...
Again, the IMF and ECB imposed austerity programmes introduced in Greece, Ireland,(soon to be Portugal, Spain, and Italy, if they don't resist) as well as preemptively in many other EU nations, would make the Koch Brothers blush. ...
Democratic Underground Latest... - http://www.democraticunderground.com/
Portugal Votes Against "Austerity" | The Economic Populist
By Robert Oak
Broker News Interview: Is the bubble set to burst? .... While nations on the periphery of the European Union (EU) tanked first—Iceland, Ireland, Latvia, Romania, Hungry, and Greece, economies at the heart of the EU—Britain, Spain, Italy, and Portugal—were also shaken. According to the Financial Times (FT), ...
The Economic Populist - http://www.economicpopulist.org/
Gemma Godfrey: EU Bonds: Portugal Proving the Point & How You Can ...
By Gemma Godfrey
The problem with the "EU" banner is that it links together economies that are quite different from each other. Much press has been dedicated to the fate of the 'PIIGS' -- Portugal, Italy, Ireland, Greece and Spain but it is ... CNN Correspondent TEARS Into Fox News For Saying Libyans Used Him As Human Shield. Like. 4K. Popeater: Legendary Actress Elizabeth Taylor Dies at Age 79. Like. 18K . AOL Small Business: Meet the 10-Year-Old CEO of a $500000 Family Business ...
Europe on The Huffington Post - http://www.huffingtonpost.com/news/europe
This week's EU Playstation store update - GamingBolt.com: Video ...
Availability: Only available in Belgium, France, Germany, Ireland, Italy, Portugal, Spain and United Kingdom. Add-On Game Content (PSP) Buzz!: The Ultimate Music Quiz – Puzzle Pack (£3.19/€3.99) Rating: PEGI 3. Availability: Not Available in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, Netherlands, Norway, Portugal, Russian Federation, Spain, Sweden, Switzerland. FirstPlay (PS3) FirstPlay Episode 50 (£0.99/€1.20) ...
GamingBolt.com: Video Game News,... - http://gamingbolt.com/
European PSN Game Store Updates for March 23, 2011 - PS3 NEWS ...
By PS3 News PS3NEWSCOM 26212
Finally, Resident Evil: Director's Cut makes it to the EU PSN Store – this is easily the most requested PSone title you lot have ever asked for so please show it some love. Let's hope Resident Evil 2 doesn't take another three years to show up. (That was a joke, .... Availability: Only available in Belgium, France, Germany, Ireland, Italy, Portugal, Spain and United Kingdom Add-On Game Content (PSP) Buzz!: The Ultimate Music Quiz – Puzzle Pack (£3.19/€3.99) Rating: PEGI 3 ...
PS3 NEWS - PlayStation 3 News... - http://www.ps3news.com/
Portugal PM quits amid debt crisis, bailout looms | The Daily ...
By admin_blitz
But their decision means that Portugal is much more likely to be forced to seek a bailout like those accepted by Greece and Ireland last year, and puts Spain squarely into the crosshairs of nervous investors concerned about which European nation ... Portugal's problems could hurt efforts by European leaders seeking to prop up confidence for the eurozone itself, and could prompt more market turbulence for the bloc, dooming Lisbon to accepting outside financial assistance. ...
The Daily Blitz: news, politics,... - http://www.thedaily-blitz.com/
3 EURO DEBT CRISIS SCENARIOS | PRAGMATIC CAPITALISM
By Cullen Roche
The candidates most in danger of this are Greece, Ireland and Portugal in descending order. It is less clear how this technically would be done. However, this does not automatically mean that they would have to leave the EMU, ... The flipside of the coin is that the euro zone would benefit from a much needed increase in competiveness as the euro depreciates. If Germany decides not to denominate its debt it would benefit from a decline in the debt-to-GDP ratio. ...
PRAGMATIC CAPITALISM - http://pragcap.com/
It's Time You Got To Know The Debt Situation In Portugal, Spain ...
By Gregory White
Portugal: Government on the brink of collapse Spain: Next in line as its banks remain under pressure Italy: Slowdown may make Italy look much more like a member of the PIIGS. Belgium: Political dispute might tear ... It could quickly turn to the EU-IMF for a bailout, like Ireland and Greece did. It's uncertain whether this will be the outcome, but instability over the country's budget is increasing the risk. But who is next in Europe? And what's their current political ...
Money Game - http://www.businessinsider.com/moneygame
'Heads-Up' Game Store Update 23rd March 2011 – PlayStation.Blog.Europe
By Ross McGrath
Finally, Resident Evil: Director's Cut makes it to the EU PSN Store – this is easily the most requested PSone title you lot have ever asked for so please show it some love. Let's hope Resident Evil 2 doesn't take another three years to show up. (That was a joke, don't panic). .... Availability: Not Available in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, Netherlands, Norway, Portugal, Russian Federation, Spain, Sweden, Switzerland. ...
PlayStation.Blog.Europe - http://blog.eu.playstation.com/
Portugal | Euro Zone | Bailout | Socrates
By Paul Ames
Portugal, following Greece and Ireland, will now likely need to request a multi- billion euro bailout from the European Union and International Monetary Fund in order to stay afloat. Portugal's woes will add to the headaches of EU ...
GlobalPost - http://www.globalpost.com/
European PS Store Update for March 23 - A cool week for attractive ...
By Ryanmoto3
In other news, the PlayStation Move sale rolls on. So if any of these Move games interest you make sure to make your purchase before March 30th. Outside of that the week's update is meager. Who knows you may end up unearthing a gem. ... Availability: Only available in Belgium, France, Germany, Ireland, Italy, Portugal, Spain, United Kingdom. FirstPlay. FirstPlay – Episode 50 (£0.99/€1.20) . Availability: Ireland and UK only. Avatars. Putty Squad (all available for ...
PS3 Attitude - http://www.ps3attitude.com/
Euro-Zone Recovery Slows | www.bullfax.com
By marketmaker
The euro zone's private-sector output growth slowed to a seven-month low in September after renewed contractions in Spain and Ireland, a survey showed. Euro -Zone Private-Sector Growth Slows. Private-sector growth in the euro zone slowed ... the British Chambers of Commerce said Sunday. Euro Zone Recovery Still Weak. Industrial data show that the economic recovery in the euro zone remains feeble and prone to setbacks, despite an industrial pickup in France and Italy. ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
Thursday Watch
By Gary
Portugal Pushed Closer to EU Bailout After Socrates Budget Cuts Defeated. Portuguese Prime Minister Jose Socrates tendered his resignation after plans to cut the budget were rejected by parliament, pushing the country closer to an ... Bernad's outlook conflicts with increasing speculation that Portugal may follow Greece and Ireland in requiring a European Union-led financial rescue. "We think that the Portuguese economy has fewer problems than Spain's and that the market ...
BETWEEN THE HEDGES - http://hedgefundmgr.blogspot.com/
fine spring weather - unsettled across iberia united kingdom ...
By news@weatheronline.co.uk (News WeatherOnline)
Lots of dry, sunny weather to come across the former Yugoslavia, Bulgaria, Romania, Greece, Turkey and across into Italy. Scattered showers are expected across Portugal and western Spain, fair and dry across eastern Spain into the Balearics, Corsica and Sardinia. ... It is easy to see from this true-color image why Ireland is called the Emerald Isle. Intense green vegetation, . ...
Weather forecast weatheronline.co.uk - http://www.weatheronline.co.uk/
Portugal – that's G, I and now P. : Core Economics
By Mark Crosby
So far among the PIIGS Ireland and Greece have had formal bailouts, but it seems that it will be a matter of days or weeks before Portugal goes as well (leaving Italy and Spain). ... The EU has guaranteed that all debt issued before June 2013 will not be restructured, but this guarantee is just creating further difficulties. Currently Ireland is threatening to force senior bondholders to take a haircut, but the EU is instead demanding that Ireland increase its corporate ...
Core Economics - http://economics.com.au/
Gold Soars as Silver Prices Surge
Gold Soars as Silver Prices Surge. Precious Metals (Gold and Silver) edge higher in the markets. Driven mainly by global inflation and attention to Portugal and Ireland as they avoid an EU bailout. - PR11394215.
United Kingdom - Latest News - http://www.prlog.org/uk/
EU summit: The Belgians are revolting | Brussels blog | News on ...
By Peter Spiegel
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/
"Very unfair" to lump Spain with EU stragglers, gov't says
"The original sin of Europe was to consider Portugal, Italy, Ireland, Greece and Spain as a club," Miguel Sebastian said at Bloomberg's Spain Investment ...
latino.foxnews.com/.../unfair-lump-spain-eu-stragglers-govt-sa...
The Big Apple: PIIGS (Portugal + Italy + Ireland + Greece + Spain)
Investors also appear to be taking a view that the eurozone's prospects, while dragged down by laggards such as Portugal, Italy, Ireland, Greece and Spain ...
216.92.216.199/.../piigs_portugal_italy_ireland_greece_spain/
"Very unfair" to lump Spain with EU stragglers, gov't says - Fox ...
Spain's minister of Industry, Tourism and Trade said here Wednesday that his ... Fox News/Fox Business (Article Page: Fox News/SBC/Latino/Fox Business) ... sin of Europe was to consider Portugal, Italy, Ireland, Greece and Spain as a ...
latino.foxnews.com/.../unfair-lump-spain-eu-stragglers-govt-sa...
EURO DOOM: Spain's Debt Downgraded; Portugal, Ireland and Greece ...
The yield spreads between 'peripheral' euro-zone sovereign bonds and German bunds widened but ... Greece, Spain, Italy, Portugal and Ireland would be sequestered. ... Agreed, this is bad news for the already battered and bruised Euro. ...
www.godlikeproductions.com/forum1/message1386295/pg1
No quick solutions to eurozone problems: economist — EU business ...
You are here: Home → Breaking news → No quick solutions to eurozone ... eurozone so-called periphery: Greece, Ireland, Portugal, Spain and Italy. ...
www.eubusiness.com/news-eu/economy-eurozone.8zh
Portugal government may collapse before EU summit - Yahoo! News
A spokesman for Socrates said the prime minister would go to the EU summit in Brussels .... I see a trend here: Iceland ireland. Greece Portugal Spain Italy ...
news.yahoo.com/s/nm/20110323/wl_nm/us_portugal_crisis
-**UNCOMMON NEWS FOR COMMON PEOPLE**-.: Economic Meltdown: After ...
Economic Meltdown: After Greece and Ireland the EU must bailout Portugal. ... stability of much larger debt-heavy nations such as Spain, Belgium and Italy. ...
first-news.blogspot.com/.../economic-meltdown-after-greece-a...
Hans im GlĂ¼ck vs. Clever Peter
... because I will not tell you any news that may need confirmation - only the views ... in the eurozone - Greece, Ireland, Portugal, but also Spain, Italy, ...
www.euinside.eu/en/comments/why-germans-can
Eurozone new industrial orders index rose by 0.1% in month of January
Irish/Ireland Business News, Internationa, Global, World, European Union, ... Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, ... Yields of bonds issued by Ireland, Portugal and Greece surge ...
www.finfacts.ie/irishfinancenews/article_1021901.shtml
Savage austerity measures provoke resistance in Greece
... of the eurozone's “PIIGS” (Portugal, Italy, Ireland, Greece and Spain). .... In a recent interview with Athens News, SYRIZA leader Alexis Tsipras was ...
www.wsws.org/articles/2011/mar2011/gree-m21.shtml
Banks have £1.6 trillion exposure to ailing quartet of Greece ...
The total exposure of foreign banks to the struggling quartet of Greece, Ireland , Portugal and Spain ... Eurozone leaders agreed to boost the lending power of the EU bail-out ... Italy has just $81bn at risk and seems uniquely insulated from the ... BIS has proposed "new and more demanding standards" for payment, ...
www.telegraph.co.uk/.../Banks-have-1.6-trillion-exposure-to-a...
Portugal follows Ireland
The problem that Ireland, Portugal, Spain, Italy and Greece face is that they are members of the Euro-zone and ... Express.co.uk - Home of the Daily and Sunday Express | UK News :: UK 'must refuse to bail out Portugal' ...
www.democracyforum.co.uk/.../90969-portugal-follows-irela...

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