Ninemsn
This takes the peripheral eurozone crisis to another level," he said. ... eager to stamp out any sign of a flare-up in the continent's debt woes, ...
NewsDaily: Euro ministers see Portugal bailout deal by mid-May
By Jan Strupczewski
Portugal bowed to pressure from financial markets and its European partners this week and became the third euro zone country after Greece and Ireland to request financial help from the European Union and the International Monetary Fund. .... 12, 2011 (Reuters) — European leaders agreed on Saturday to strengthen the euro zone bailout fund, make its loans cheaper and lower the interest rate on loans extended to Greece, a move to get on top of the year-long debt crisis. ...
NewsDaily: Top Headlines - http://newsdaily.com/?q=Save+Us+From+Berlusconi
Will Iceland Vote 'No' or commit financial suicide? | Credit ...
By Michael Hudson
Running into debt was promised to be the way to get rich. But the price to Iceland was for housing prices to plunge 70% (in a country where mortgage debtors are personally liable for their negative equity), a falling GDP, rising unemployment, ..... In fact, as the Eurozone faces a crisis from the PIIGS debtors, what kind of EU is going to emerge from today's conflict between creditors and debtors? Fears have been growing that the euro-zone may break up in any case. ...
Credit Writedowns - http://www.creditwritedowns.com/
Portugal Debt Prompts Bailout - Will PIIGS go 5-for-5 with Italy ...
By ETFguide.com
Looking at the performance of European stocks one would hardly guess the region is in the midst of a sovereign debt crisis. Over the past year, the Vanguard MSCI Europe ETF (NYSE: VGK) has climbed almost 15% and is ahead by 9.23% since the beginning of the year. ... By raising rates, it wants to put the brakes on Germany's surging economy but it can't increase them too much because it would add to financial problems for the euro zone's weaker members. ...
InvestorPlace - http://www.investorplace.com/
Newspaper Briefing, Including Smaller banks face prospect of ...
The Chancellor will join fellow finance ministers today in Budapest to discuss the latest crisis to hit the eurozone. A deal signed by his Labour predecessor, Alistair Darling, commits Britain to contributing a share of any bailout loan. ... *Portugalling: debts are not sustainable: *Trouble repaying your debt? Here, borrow some more: how about €80 billion? That sums up the Eurozone's response to member states running into trouble. Portugal on Wednesday became the third ...
Proactiveinvestors United Kingdom... - http://www.proactiveinvestors.co.uk/
Storm Clouds Over Europe Advise Caution | www.bullfax.com
By marketmaker
Financial stocks fall across Europe as traders wait for insight into the problems facing the sector from the results of Dublin's oversight of the balance sheets of Irish banks. Is 100 Billion Euros Enough to Solve the Irish Crisis? ... It's better news for the euro, and bearish news for the dollar. The dollar has been improving only because sovereign debt in the eurozone, led by Portugal (and, in second place, Spain) has been looking so bleak. Europe fixes Irish bailout, ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
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