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Apr 12, 2011

EUROZONE Debt Crisis News, Apr 12, 2011

Global imbalances and the paradox of thrift | www.bullfax.com
By marketmaker
Ricardo Caballero, 14 January 2010Global imbalances have been suggested as the root cause of the global crisis. This column argues that another imbalance is the guilty party. The entire world had an insatiable demand for safe debt instruments ... trade imbalances, these imbalances usually reflect a difference in trade competitiveness that can be addressed through structural and macroeconomic policies.Full Article: Redressing global imbalances: Evidence from the Eurozone ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/IMF heads to Portugal - Economy - Economy | Ireland's online ...
The debt-bailout required will probably be similar to that received by Ireland and it is expected that about €80bn will be given to Portugal. EU Economic Affairs Commissioner Olli Rehn said the deal will more-than-likely include “an ...
Business and Leadership - News - http://businessandleadership.com/
EU's Rompuy says debt crisis risk waning - report
Reuters UK
The EU has battled to stem a debt crisis that has raged for over a year and pushed Greece, Ireland and Portugal to accept bailouts, hoping new measures unveiled at a euro zone leaders summit last month will reassure jittery markets. ...
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Is the eurozone heading for another crisis?
MSN Money UK
Markets across the world took fright as investors worried that the sovereign debt crisis would turn into a new banking crisis, as banks holding dodgy government debt in turn needed fresh bailouts. A year later, and both Ireland and now Portugal have ...
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MSN Money UK
Foreign Policy: In Crisis, Euro's Weakness Is Exposed
NPR
The European debt crisis — which saw its latest iteration inaugurated on Wednesday, April 6, when Portugal requested an EU bailout — has exposed every single lie, every fudge, and every political, legal, and economic loophole that went into making ...
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Spain an “insurmountable dam protecting the Euro zone” says Deputy PM
The Move Channel
His comments came as EU finance ministers meeting in Hungary thrashed out a multi-billion-dollar debt rescue for Portugal, demanding tough conditions as they try to draw a line under a destabilizing debt crisis. The pressures on Portugal had raised ...
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Germany to meet EU deficit target early
Financial Times
Like other eurozone countries, the global financial crisis and recession saw Germany breach that level in 2009 and 2010, and the ensuing eurozone debt crisis cemented its ambition to lead the eurozone out of its borrowing binge. ...
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Bailouts and fiat currencies
Investors Chronicle
Back in December, I argued that the best way to play the eurozone debt crisis was by buying gold and the trade has worked out well with the gold price rising 7.5 per cent from $1370 per ounce (oz) to a record high of $1475/oz last week. ...
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The threatening morphing pact
Times of Malta
The big divide is between the disciplined, steadily-growing north and the debt-ridden, stagnant south. The euro crisis is forcing the EU to shape up into a greater Germany. Economically, this is no bad thing. Mediterranean culture is the biggest ...
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EU-China: 'a great opportunity'
Global Times
... Markus Ederer (Ederer), head of the EU delegation to China, Global Times reporter Li Ying (GT) talked with him about issues such as the bilateral trade, an arms embargo, China's rare-earth industry and the sovereign debt crisis in the eurozone. ...
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FT forecasts Spain will be next in seeking financial assistance
MercoPress
However there are also good news says FT: under a worst-case scenario, Spain would still be solvent since the public sector debt-to-GDP ratio was 62% as of end-2010, which according to Ernst & Young, in its latest Euro zone forecast, projects the ...
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MercoPress
UK Mar inflation data softer than expected
FXstreet.com
Comments from a China Foreign Ministry Spokesman Hong that reiterated that China was ready to work with EU nations to help them deal with debt crisis help bring some risk appetite back onto the table. China Premier Wen Jiabao stated that China would ...
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European stocks slide as traders avoid risky bets
AFP
The Stoxx 50 index of leading eurozone companies slipped 0.77 percent to 2951.66 points. "Downgraded growth forecasts by the IMF for the US economy... and news from Japan that the nuclear crisis continues to worsen has hit risk appetite hard across the ...
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AFP
Macro Thinking From America's Lead Banker - Jamie Dimon (JP Morgan)
GuruFocus.com
The process will be messy, but the consequence of giving up could be far worse: Sovereign defaults could lead to a bank crisis with serious economic consequences. Since it is the same money (if sovereign nations default on their debt, the EU will have ...
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Debtworld - We're drowning in a sea of debt
Oye! Times
If we look back at the debt crisis of the world's poorest countries, we can readily see just how different the scale of the problem is for developed nations. In 1970, the world's poorest countries owed $25 billion in debt. By 2002, this had risen to ...
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Oye! Times
China says G20 imbalance target curbs its growth
Moneycontrol.com
He also said the European debt crisis could worsen by spreading from the peripheral euro zone region. He said loans from the International Monetary Fund and European Union to struggling euro zone countries do not address "underlying structural ...
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IMF cuts UK economic growth forecast for 2011 to 1.75%
The Guardian
It said further sovereign debt problems could hit confidence in the eurozone, which is likely to be read as a warning that failure to strike a deal over the Portugal bailout could be catastrophic for growth. The IMF backs further integration of ...
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The Guardian
EC: There Was No Meeting On Greece Debt Restructuring
Capital.gr (press release)
... about the possibility of a Greek debt restructuring. If creditors grant Greece´s request for a reduction in the amount it owes, the entire euro zone could face a crisis of confidence, Trichet said in the conference call, according to Der Spiegel.
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Global core bonds traded mostly sideways in a quiet session
FXstreet.com
Recently, there had been a lot to do about a possible debt restructuring, which could imply bondholders taking losses, in Greece. A week ago, the German magazine Der Spiegel published an article which indicated that the IMF was already privately ...
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On Freedom and Gold's Future
Gold Seek
Now, Ireland requires an extra $34 billion in bailout cash from the European Union. Portugal seems headed for a bailout, too. But this time, there's little panic. What's your view on what's happening there? LM: The European monetary crisis is in its ...
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Financial minister says blocking bailouts would hurt Finland
swissinfo.ch
"(Greece's) debt restructuring is a very big risk at this very point. We do not want to see the same financial crisis again," Katainen told public broadcaster YLE. There are doubts over Greece, which obtained an international bailout a year ago, ...
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China says G20 imbalance target curbs its growth
Forex Pros
He also said the European debt crisis could worsen by spreading from the peripheral euro zone region. He said loans from the International Monetary Fund and European Union to struggling euro zone countries do not address "underlying structural ...
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Forex - EUR/USD, EUR/JPY Flows: Stuck between a rock and a hard place
FXMarketAlerts.com
EUR/USD, 5-Yr Portuguese Yields Flows-Eurozone debt problems don't scare EUR buyers It seems hard to imagine now, but there was a time when a jump in eurozone yields, due to expanding fiscal problems with eurozone members was a negative for EUR. ...
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Investor confidence shaken by Japan, Middle East unrest - The Local
On Thursday, the European Central Bank raised interest rates from record lows for the first time since mid-2008, as concerns about inflation outweighed worries over the ongoing eurozone debt crisis. .... News from the Goethe- Institut. A Question of Time – Print Or Online And How the Internet Is Changing Theatre Criticism In print media it is given less and less space, while at the same time the internet is accelerating theatre criticism to an undreamt of degree. ...
The Local - Germany's news in English - http://www.thelocal.de/
Crisis will strengthen euro: EU chief | www.bullfax.com
By marketmaker
The euro slumped against the dollar Monday on concerns that the Irish debt crisis will spread, amid a bond rating downgrade for Hungary, as eurozone finance ministers braced for a crucial gathering.In morning trade, the European single ...
Bullfax.com - Market News & Analysis - http://www.bullfax.com/
EU Heart Attacked by Mainstream Press!
Two events last week saw the crisis in the Eurozone deepen – the Portuguese bail -out and the ECB's interest rate increase. But much more is brewing. Everyone is now focused on government debt as the nub of the problem. ... Together they constitute a surprising indictment of the EU and its prospects for survival. This is big news. Let's start with the Telegraph article. It is written by Roger Bootle who is a managing director of Capital Economics and economic adviser to ...
The Daily Bell - www.TheDailyBell.com - http://www.thedailybell.com/
The EU Bailouts Aren't Over Until They're Over
Does Portugal's application for a bailout mark the end of the euro-zone's government debt crisis? The money's available to tide Portugal over for a couple ...
online.wsj.com/.../SB10001424052748704013604576248953...
Foreign Policy: In Crisis, Euro's Weakness Is Exposed
The European debt crisis — which saw its latest iteration inaugurated on ... in the EU crisis-resolution process was the decision by eurozone leaders back ...
www.npr.org/.../foreign-policy-in-crisis-euros-weakness-is-ex...
Is the eurozone heading for another crisis?
Markets across the world took fright as investors worried that the sovereign debt crisis would turn into a new banking crisis, as banks holding dodgy ...
money.uk.msn.com/news/world-economy/articles.aspx?cp...
Portugal seeks EU bailout due to debt crisis | World news | The ...
The move came as fears grew of a fresh debt crisis for weak countries on the ... on Portuguese borrowing has added to the sense of crisis in the eurozone, ...
www.guardian.co.uk/world/.../portugal-eu-bailout-debt-crisis
EU's Rompuy says debt crisis risk waning - report | Reuters
ATHENS (Reuters) - The risk of the euro zone's debt crisis spreading further has ... Related News. ECB's Bonello - Inflation risks could be on downside ... The EU has battled to stem a debt crisis that has raged for over a year and ...
uk.reuters.com/.../uk-eu-rompuy-idUKTRE73B14Q20110412
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?...
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. ... Weighing in on Trump's comments about the Daily News, the future of the real ...
classic.cnbc.com/id/15840232?video=3000015562&play...
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/
Factbox - Coming events in euro zone debt crisis - Yahoo! UK ...
(Reuters) - Following are upcoming events linked to the debt crisis in the euro zone: EUROPEAN UNION: ---------------. -- April 8/9 - Informal meeting of ...
uk.finance.yahoo.com/.../Factbox-Coming-events-euro-reuters...
Portugal seeks EU bailout due to debt crisis
The move came as fears grew of a fresh debt crisis for weak countries on the fringes of ... 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...
Fuse.tv - Eurozone Debt Crisis - Portugal Forced To Seek ...
Eurozone Debt Crisis - Portugal Forced To Seek Anticipated EU Bailout Now All Eyes Are On Spain. : eGov monitor - A Policy Dialogue Platform - Promoting ...
fuse.tv/news/articles/?article=0bBX3pp142bF0
CNC World - EU debt crisis going on
Back on eurozone crisis. The situation in the debt-laden countries are not pleasant at all, and even worse than before. Portugal revealed on Thursday the ...
www.cncworld.tv/.../v.../13725_EU_debt_crisis_going_on.sht...
Europe's debt crisis: Down goes another one | The Economist
ANOTHER domino has fallen in the eurozone debt crisis. ..... In this blog, our correspondents respond to breaking news stories and provide comment and ...
www.economist.com/blogs/newsbook/.../europes_debt_crisis
The Never-Ending Crisis: Greek Debt Restructuring Looks Inevitable ...
Europe's sovereign debt crisis is threatening to take on new dimensions as Portugal becomes the third euro-zone member to ask the EU for a bailout. ... Keep track of the news. Stay informed with our free news services: ...
www.spiegel.de/international/europe/0,1518,756182,00.html
Spain denies risk of debt crisis contagion
Spain denies risk of debt crisis contagion ... Portugal is the third eurozone country that had to seek a bailout from the EU. ...
news.xinhuanet.com/english2010/business/.../c_13820828.htm
EU's Rompuy says debt crisis risk waning - report | Finance News ...
You are here: Home|Stock News|Finance News|EU's Rompuy says debt crisis risk waning ... ATHENS (Reuters) - The risk of the euro zone's debt crisis spreading ...
www.xplosivestocks.com/.../eus-rompuy-says-debt-crisis-risk-...
EU's Rompuy says debt - Business Newswires : euronews : the latest ...
EU's Rompuy says debt crisis risk waning – report. Reuters, 12/04 09:28 CET. ATHENS (Reuters) – The risk of the euro zone's debt crisis spreading further ...
www.euronews.net/.../856777-eus-rompuy-says-debt-crisis-ris...
timesofmalta.com - Eurozone debt crisis could spread, ECB ...
There is a risk of the eurozone sovereign debt crisis spreading from countries on its rim to others at its core, European Central Bank executive board ...
www.timesofmalta.com/.../eurozone-debt-crisis-could-spread-e...
XE.com - UPDATE 1-EU's Rompuy says debt crisis risk waning- paper
The risk of the euro zone's debt crisis spreading further has waned, ... News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters ...
www.xe.com/news/2011-04-12%2003.../1833497.htm?c...
Eurozone debt crisis worsens amid fresh downgrades | This is Money
The European debt crisis deepened last night after Portugal and Greece suffered further downgrades to their credit ratings.
www.thisismoney.co.uk/news/article.html?in_article...
Spain rejects contagion risk from Portuguese debt crisis - News Inn
News from all around world sources … ... insisted it will not become the next victim of the eurozone debt crisis after Portugal finally bowed ... Portugal Europe European debt crisis Europe European Union Global economy Economics Spain ...
www.newsinn.co.cc/spain-rejects-contagion-risk-from-portugu...
Eurozone debt crisis could spread: ECB - Mubasher
There is a risk of the eurozone sovereign debt crisis spreading from countries on its rim to others at its core, ... Top News; Most read; Most Commented ...
www.mubasher.info/portal/case/getDetailsStory.html?...
Dailymotion - Currency: the eurozone - a News & Politics video
Currency: the eurozone euro currency governments government debt crisis money ... Is it telling good news or bad news…or both? Shareholders are confused. ...
www.dailymotion.com/.../xi0vz2_currency-the-eurozone_new...
Portugal requests bailout. Will Europe's debt crisis stop there ...
Try a FREE 30 day preview of Daily News Briefing ... In a critical step in Europe's struggle to end its debt crisis, Portugal formalized its ... Separately , the ECB also raised interest rates across the eurozone from 1 percent to 1.25 ...
www.csmonitor.com/.../Portugal-requests-bailout.-Will-Europ...
ortugal debt crisis proves need for cuts, says - Blogspot
General news from reputable newspapers ... tough terms of a bailout for Portugal after the eurozone's debt crisis claimed its third victim within a year. ...
press-panorama.blogspot.com/.../ortugal-debt-crisis-proves-ne...
Europe's debt crisis Down goes another one
ANOTHER domino has fallen in the eurozone debt crisis. After Greece and Ireland, Portugal has become the third debt-laden economy on Europe's periphery to ...
www.raptureforums.com/.../47663-europes-debt-crisis-down-...

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