The Vienna Review
The start of 2011 – what we might call Year 2 AG (“After Greece's” debt crisis) has brought good and bad news on the economic front. The bad news is that 2 AG is beginning with more or the same, with headlines about government debt and default, ...
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EU, IMF to discuss bailout with Portugal on Tuesday
AFP
The European Union and IMF offered to save Portugal from a debt crisis on Friday but warned that in return Lisbon would have to implement more public spending cuts, tax rises and far-reaching privatisations. The commission hopes to meet with all of ...
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AFP
EU official rules out Greek debt restructuring
Xinhua
"We have a solid plan and we are working on the basis of that plan and it is based on careful analysis of debt sustainability," Rehn said. The EU endorsed a 110-billion-euro bailout package for Greece last year to help the country fight a debt crisis. ...
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Burn the bank bondholders -- 45pc of bosses
Irish Independent
... Ireland's debt problems could be solved by exiting the euro and devaluing our currency. The idea of breaking up the eurozone has gained currency in recent months. It would have been unthinkable before the sovereign debt crisis flattened Greece, ...
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Pallavi Aiyar Europes schizophrenia over Germany
Business Standard
... of exacerbating the severity of the Greece debt crisis by delaying the country's bail-out by several months. Germany is also the villain of choice for pinning the blame on the continued market volatility around the “peripheral” euro zone countries. ...
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Germany to lift 2011 growth target, Bruederle says
Forex Pros
Germany has recovered faster than expected from its deepest post World War Two recession, and economic indicators show it is on a strong growth path despite a sovereign debt crisis affecting some euro zone member states and other external risks. ...
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Europe slides further into economic darkness
Courier Mail
But with their debt all in Euros, this would increase their actual debt burden and make default inescapable. During the Asian debt crisis of 1997-98, it was demand from Europe that pulled us through and enabled us to avoid the recession that everyone ...
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Restoring confidence -- and quickly -- is priority
Irish Independent
People who argue that Ireland should just 'stick to the programme' and all will turn out well are relying, perhaps unconsciously, on the successful escape from the 1980s public finance crisis. Unfortunately the line that Ireland had a big national debt ...
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'No' vote likely in Icesave
Otago Daily Times
Policy makers hoped solving the Icesave issue would help Iceland - whose economy went into deep recession after its bank crisis - get back into financial markets to fund itself. Europe's top officials said at the weekend Portugal would need around ...
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Otago Daily Times
EU offers Portugal 80bn euros bailout
Daily Times
GODOLLO: Europe offered Portugal Friday an 80-billion-euro ($115 billion) bailout, but set tough conditions as it bid to draw a line under a destabilising debt crisis. The joint EU-IMF loans, following bailout rescues of Greece and Ireland last year, ...
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AP Interview: Estonia pledges support for Portugal
BusinessWeek
Although its economy started growing again last year, even the European Commission, the EU's executive and a firm advocate of the cut-and-grow strategy, says Estonia's medium-term growth rate will reach barely one-third of its pre-crisis level. ...
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Accounting chief wants higher bank capital ratios
Baltimore Sun
In February, Hoogervorst criticized last year's bank stress tests because they failed to reflect the decline in prices for euro zone peripheral sovereign debt. He said that the new bank stress test was an improvement, because of the higher capital ...
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AP Interview: Estonia pledges support for Portugal
CBS News
Although its economy started growing again last year, even the European Commission, the EU's executive and a firm advocate of the cut-and-grow strategy, says Estonia's medium-term growth rate will reach barely one-third of its pre-crisis level. ...
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EU wants more Portugal austerity : Ghana Business News
By emma
Finance ministers and central bankers from the 27-nation bloc held a second day of informal talks outside the Hungarian capital on their response to the euro zone debt crisis after Portugal on Wednesday became the third euro zone ...
Ghana Business News - http://www.ghanabusinessnews.com/
Forget the bailout: the euro rate rise could finish off southern ...
By admin
A new report is warning of the dangers in the ECB's tightening fiscal policyPortugal's request for a bailout from its European partners may have been the most visible symptom of the crisis in the eurozone, but the decision taken in Frankfurt to ... Gerard Lyons, chief economist at Standard Chartered, says the result could be that instead of shaping up, the debt-burdened smaller economies decide to opt out: "I think it's likely that we're heading for a two- speed euro. ...
NewsBucket - http://www.newsbucket.co.uk/
Lastest Equity Loan News - Equity Loan Rate
By admin
Europe was caught out by the financial crisis and did not see recession looming, the head of the Eurogroup of nations conceded today, amid estimates that the EU has plunged into a downturn. OCt 08. 'Recession awaits us, and we didn't think ... While we have run up debt, they have acquired wealth with their savings. Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and US government bonds into real assets." ...
Equity Loan Rate - http://www.equity-loanrate.info/
Euro ministers claim that recovery is picking up | www.bullfax.com
By marketmaker
German news weekly Der Spiegel said eurozone finance ministers discussed such an option during a telephone conference call on April 2 with Rehn and European Central Bank chief Jean-Claude Trichet. ... Cracks remained in the euro zone's package of debt-crisis measures, even as the European Union's finance ministers approved Tuesday new legislation that sets fresh sanctions for budget offenders and puts new focus on broader economic problems that have destabilized weaker ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
The Economic Crisis in Iceland: “IMF Medicine” is not the Solution ...
By dandelionsalad
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. ...
Dandelion Salad - http://dandelionsalad.wordpress.com/
EU finance ministers defend austerity - WAFB Channel 9, Baton ...
GODOLLO, Hungary (AP) - European finance ministers meeting Saturday defended the painful austerity measures being imposed in the region as necessary to defeat a crippling debt crisis. But tens of thousands of people protested nearby to ...
WAFB - Business News - http://www.wafb.com/global/category.asp?c=13537
Stingy News Article Link: "Property bubble hits the grave"
We will have a number of euro zone countries that would be well advised to take a sabbatical from the euro for a year. The situation in the United States is very worrisome. The markets will refuse to tolerate this level of debt. ..... Twenty years without, say, a sovereign debt crisis is significant, but hardly enough definitively to declare a country a 'graduate'. Greece resolved its last sovereign default only in the mid-1960s and Portugal had an International Monetary ...
Stingy Investor - http://www.ndir.com/
The Macho Response : Better Late Than Never (That's Only My Opinion)
By The Crack Emcee
This piece made the Euro sound like Barack Obama to me: The European debt crisis -- which saw its latest iteration inaugurated on Wednesday, April 6, when Portugal indicated it would request an EU bailout -- has exposed every single lie, ... Given this wishful thinking, the eurozone was always vulnerable to a financial crisis. When are we going to catch on to wishful thinking, magical thinking, and delusional thinking? There's a story about the guy who predicted the ...
♆ The Macho Response ♆ - http://themachoresponse.blogspot.com/
SLA rebels need to start airlifting Silver Keisers to Reykjavik to ...
By Max Keiser and Stacy Herbert
Failure to repay the debt could become an obstacle to Iceland joining the EU. It will also delay installments of a $4.6 billion loan from the IMF, according to the Journal.” Makes you wonder the mentality of people who say things like this, .... to get 'sub-prime” borrowers to sign on to DESIGNED TO BLOW UP loans – whereupon, of course, the Financial LOAN SHARKS like EdR tried to BLAME “sub- prime homeowners” for the entire first-round of this ever growing economic crisis. ...
Max Keiser - http://maxkeiser.com/
XE.com - Accounting chief wants higher bank capital ratios
New bank capital rules should be about 30 percent higher than agreed, to prevent a repeat of the last financial crisis, the incoming head of the world's biggest accounting standard setter said on Sunday. ... He said that the new bank stress test was an improvement, because of the higher capital requirement, but there still was not a scenario for writing down peripheral euro zone sovereign debt. ' What they do want to do is detail the exposure of banks to these kind of ...
XE Forex News - http://www.xe.com/news/
Insurance claim is rejected after mom dies unexpectedly - Kid Make ...
By bikerszone
FOREX-Euro falls to 7-week low on euro zone debt fears. :: * Euro falls through $1.35, dollar/yen at six-week high * Greece risks missing its fiscal targets * Aussie, Canadian dollars fall on risk aversion (Updates prices, adds comment) NEW YORK, Nov 16 (Reuters) - The euro fell to a seven-week low against the dollar on Tuesday amid heightened worries about a deepening euro zone debt crisis with losses accelerating after breaking key support levels. ...
Kid Make Money - http://www.kidmakemoney.com/
Euro Ministers Hope Spain Is Debt Crisis' Line In Sand
But there was consensus that the EU's government debt crisis has peaked with less ... Spain is the largest euro-zone country to come under pressure from ...
online.wsj.com/article/BT-CO-20110409-700852.html
European Debt Crisis Morphs Into New Phase: Mohamed El-Erian
Look for the ECB and EU to carry an even larger burden in the next few weeks, ... be followed by a further migration of the debt crisis in the euro zone? ...
www.businessweek.com/.../european-debt-crisis-morphs-into-...
Portugal debt crisis proves need for cuts, says George Osborne ...
Portugal debt crisis proves need for cuts, says George Osborne ... Portugal after the eurozone's debt crisis claimed its third victim within a year. ... calmly to the news that Portugal had finally sought help from its EU partners but, ...
www.guardian.co.uk/.../portugal-debt-crisis-cuts-george-osbor...
Factbox - Coming events in euro zone debt crisis | Reuters
News of the World admits phone hacking liability. 08 Apr 2011 ... Following are upcoming events linked to the debt crisis in the euro zone: EUROPEAN UNION: ...
uk.reuters.com/.../uk-eurozone-events-idUKTRE73652E2011...
Dow Jones: Eurozone's debt crisis lifts gold futures price to new ...
Dow Jones: Eurozone's debt crisis lifts gold futures price to new nominal high Thursday.
www.blanchardonline.com/investing-news-blog/econ.php?...
EU Debt Crisis - Is Europe Slipping Towards Default? - CNBC
Weinberg said there is nothing on the table that can stop the euro zone falling into crisis. “Not only is there no solution in hand, but there is no inkling ...
www.cnbc.com/id/.../Is_Europe_Slipping_Towards_Default
Portugal seeks EU bailout due to debt crisis
The move came as fears grew of a fresh debt crisis for weak countries on the ... The euro's strength coincided with a rise in the price of gold to ... The rising interest rate on Portuguese borrowing has added to the sense of crisis in the eurozone, ... Published via the Guardian News Feed plugin for WordPress. ...
www.thehotjoints.com/.../portugal-seeks-eu-bailout-due-to-de...
Europe's debt crisis: Down goes another one | The Economist
ANOTHER domino has fallen in the eurozone debt crisis. ... The country's borrowing costs soared to successive euro-era highs for 11 consecutive days. ...
www.economist.com/blogs/newsbook/.../europes_debt_crisis
Eurozone Debt To Gdp Ratio 2011 | Hot Business News and Surveys
Tags: 27 different budget policy, bailout funds, country affected by financial problems, euro zone debt crisis, european union, new era of European. ...
yourlegitsurveys.com/search/eurozone-debt-to-gdp-ratio-2011/
Euro Zone Debt Crisis, Travel Forecast - Marketcut Forex News
... Budapest as European finance ministers meet to discuss the EU's debt crisis. ... After the euro traded quite wildly in the range, the upcoming week . ...
marketcut.com/forex.../euro-zone-debt-crisis-travel-forecast/
Another Notch in the Euro Crisis, Another Bailout
The announcement in Brussels came on the heels of a debt crisis in Portugal that ... about the euro zone's fiscal health, after Fitch downgraded Portuguese debt two levels, ... Since then, the finances of all E.U. members have come under scrutiny, as countries have been .... News Alerts. Connect to The Fiscal Times ...
www.thefiscaltimes.com/.../EU-Leaders-Bail-Out-Portugal.asp...
Coming events in euro zone debt crisis-FACTBOX
Reuters News Bookmark and Share. EUROZONE-EVENTS/ (FACTBOX) ... Following are upcoming events linked to the debt crisis in the euro zone: EUROPEAN UNION: ...
www.forexyard.com/.../Coming-events-in-euro-zone-debt-cris...
PIIGS Watch: Eurozone Sovereign Debt Crisis Erupts Again After ...
Eurozone Debt Crisis: It's Back! By Matthew Mallon Mar 29, 2011 9:30 am ... joining the euro, the country has had low growth, and that has worsened its debt ...
www.minyanville.com/businessmarkets/articles/.../33626
Europe's debt crisis: the collapse of the euro? - MoneyWeek
The eurozone's troubles have slipped out of the headlines recently. But now Europe's debt crisis is back on the front page with Portugal. ...
www.moneyweek.com/eurozone-debt-crisis
The World from Berlin: 'Euro-Zone Leaders Need the Courage to Tell ...
... the debt crisis storm, the belt-tightening measures requested by the EU might .... That is not good news for euro-zone solidarity." "Despite the EU aid, ...
www.spiegel.de/international/europe/0,1518,755875,00.html
Crisis in Euro zone markets deepens on Portugal deficit, Irish ...
Compounding the problem for the banks was news that vital support from the ECB was not ... Euro zone debt crisis intensifies on summit eve. March 10, 2011 ...
articles.economictimes.indiatimes.com/.../29370625_1_euro-z...
US stocks edge lower on worsening euro debt crisis - Monsters and ...
New York - US markets slipped Thursday as bad news about Ireland's banks and Portugal's budget deficit sparked new concerns about the eurozone's debt crisis ...
www.monstersandcritics.com/.../US-stocks-edge-lower-on-wor...
timesofmalta.com - Eurozone debt crisis could spread, ECB ...
There is a risk of the eurozone sovereign debt crisis spreading from ... the debt crisis that erupted in Greece is “limited to a small number of euro-area ...
www.timesofmalta.com/.../eurozone-debt-crisis-could-spread-e...
Why the European Debt Crisis Is Far From Over
The European debt crisis is back in the headlines, and the news is not good. ... need to rethink investments in eurozone economies and the euro itself. ...
www.goldshark.com/.../83-why-the-european-debt-crisis-is-far...
Euro Zone Debt Crisis, Travel Forecast - www.capital.gr
Euro Zone Debt Crisis, Travel Forecast. Print article Print ... reports from Budapest as European finance ministers meet to discuss the EU's debt crisis. ...
english.capital.gr/News.asp?id=1168564
=> FACTBOX-Coming events in euro zone debt crisis <=
FinanzNachrichten.de - Alle News zu Aktien, Börse und Wirtschaft | Nachrichten ... the debt crisis in the euro zone: EUROPEAN UNION: --------------- ...
www.finanznachrichten.de/.../19807589-factbox-coming-even...
Risk of debt crisis spreading - ECB man - RTÉ News
The ECB official said that the debt crisis that erupted in Greece was ... facts as it becomes the latest euro zone country to seek financial aid from the EU ...
www.rte.ie/news/2011/0330/ecb-business.html
Spain denies risk of debt crisis contagion
English.news.cn 2011-04-09 17:06:38, Feedback Print RSS ... the eurozone's rescue fund, also expressed confidence that the crisis will not go from Portugal ...
news.xinhuanet.com/english2010/business/.../c_13820828.htm
Georgia President on Euro Zone Debt Crisis - Raw Signal
We rank the latest and greatest news about business. ... Georgia President on Euro Zone Debt Crisis. 18 hours ago - CNBC ... Euro zone core inflation subdued - EU report - Reuters; Euro Zone Debt: From Best Country—to Worst - CNBC ...
business.rawsignal.com/news/Story.aspx?mode=1...d...
Euro Zone Debt Crisis, Travel Forecast - CNBC.com
Euro Zone Debt Crisis, Travel Forecast ... CNBC's Guy Johnson reports from Budapest as European finance ministers meet to discuss the EU's debt crisis. ...
65.55.53.237/id/15840232?video=3000015562&play=1
CNC World - EU debt crisis going on
Back on eurozone crisis. The situation in the debt-laden countries are not ... 9.5 billion euros from residential mortgage loans over the next three years. ...
www.cncworld.tv/.../v.../13725_EU_debt_crisis_going_on.sht...
NewsDaily: EU expects more Portugal austerity as unions march in ...
By Marton Dunai
Finance ministers and central bankers from the 27-nation bloc held a second day of informal talks outside the Hungarian capital on their response to the euro zone debt crisis after Portugal Wednesday became the third euro zone country ...
NewsDaily: Top Headlines - http://newsdaily.com/?q=Save+Us+From+Berlusconi
Cranmer: The Euro: a mechanism for passing the buck
By Archbishop Cranmer
His Grace is loath to be the messenger of bad news on such a lovely day, but Portugal will default on her debts, exactly as she has always done. If the EU writes off the debts of Portugal, it will have to concede the same for Greece and Ireland. And the resulting fiscal mess and political .... Chancellor Ed Balls stressed that the single currency was an "important part" of Portugal's plight and that it was therefore largely up to eurozone countries to sort out the crisis. ...
Cranmer - http://archbishop-cranmer.blogspot.com/
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