International Business Times
By Markos Solomou | April 20, 2011 11:01 PM GMT The euro plummeted against the dollar weighted by renewed concerns over Portugal's debt crisis. Portugal's prime minister resigned after Portugal's parliament rejected his new fiscal austerity measures. ...
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The euro area's debt crisis
The Economist
Using Brady bonds would be a very interesting solution to the european debt crisis and, as the Economist points out, Germany's exposure could prompt it to adopt similar measures that the US took in Latin America. By combining US treasuries with local ...
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Banking Crisis of '30s Gives EU Bad-Loan Tuition: Peter Coy
Bloomberg
“Unlike Austria in 1931, the euro zone has the resources to bail out the threatened banks without really triggering a full-blown debt crisis,” says Michael D. Bordo, an economic historian at Rutgers University in New Brunswick, New Jersey. ...
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Debt Crisis in Europe Bounced Back
eYugoslavia.com
Even America has been threatened by Standard & Poor for the downgrading of the nation's credit rating. The debt crisis has also reached to the Greece in the beginning of the 2010. But Greece relaxed after the announcement of EU bailout by Portugal. ...
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eYugoslavia.com
Greeks Gird for Losses as Debt-Cutting Odyssey Enters Year Two
Bloomberg
Photographer: Kostas Tsironis/Bloomberg April 21 (Bloomberg) -- Holger Schmieding, chief economist at Joh Berenberg Gossler & Co., talks about Greece's austerity measures and risks from the European sovereign debt crisis. He speaks with Mark Barton on ...
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STRATFOR: Instability in the Eurozone
Warsaw Business Journal
The concern in Europe is that the rising costs for Spain indicate that the sovereign debt crisis is ongoing, with the Portuguese bailout soon to be followed by a Spanish one. Questions about whether a euroskeptic government in Finland will stymie the ...
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Draghi Fate as Next ECB Chief Rests With Merkel, Not Schaeuble or Bookies
Bloomberg
Unfolding behind the scenes, the campaign for ECB president runs in parallel with efforts to contain inflation while stamping out the debt crisis that generated renewed speculation that Greece, now drawing on 110 billion euros in European Union- led ...
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EU budget bid angers cash-strapped states
AFP
With EU states cutting their own national budgets to tame a debt crisis, the 6.2-billion-euro increase to 132.7 billion euros ($191 billion) requested by the EU's executive arm immediately drew sharp responses. "We want the best deal for the UK ...
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AFP
EMU: What Has Changed, What Still Has To Change
FXstreet.com
Over the same time periodic, EU Commission data suggest Eurozone debt will rise from 66% of GDP to 88% of GDP. So, on several important metrics, the Euro area appears to have weathered the crisis rather better than the US. Importantly, the costs of the ...
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Uncertainty lifts gold and silver to record highs
International Business Times
Euro zone debt problems continue to be a catalyst for the precious metal rally. Greece's debt crisis deepened and to make matters worse the country is closer to a debt restructuring. Portugal also requested for a bailout from the EU and speculators ...
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World Markets Rally
Live Trading News
The Euro pushed to 15-month highs but has lagged the broader move due to resurgent worries about the EuroZone crisis. Markets remain concerned that Greece is on the verge of announcing a debt restructuring, despite repeated denials by Athens, ...
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A look at economic developments around the globe
NECN
MADRID — Spain easily raised 3.4 billion euros ($4.9 billion) at an auction of long-term debt as the country seeks to ward off contagion from Europe's debt crisis. BRUSSELS — The European Union Commission said it is seeking a 4.9 percent increase in ...
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ECB bond buys remain in hibernation
Reuters
It started the bond purchases last May as part of the euro zone's efforts to stave off its debt crisis but Portugal's call for an EU/IMF bailout earlier this month has raised questions over the future of programme. While the ECB does not break down its ...
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The Simple Reason The Euro Keeps Rising: It's All About Oil
The Business Insider
One thing that could overrun this correlation and the current euro uptrend is the sovereign debt crisis spreading to Spain. However, a key factor here is that markets are buying the EU line that a firebreak is now in place at Portugal's border and that ...
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The Business Insider
Brendan Keenan: Ireland has to stick with euro herd to avoid global predators
Irish Independent
Of course, a lenders' strike on Spain, not to mention Italy, would exhaust the present EU rescue arrangements. It is devoutly to be wished that no such crisis erupts but, theoretically, the Eurozone could deal even with that. ...
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Slovakia to Set State-Debt Limit to Trigger Spending Cuts
Bloomberg
By Radoslav Tomek - Wed Apr 20 14:43:29 GMT 2011 Slovakia plans to introduce a legal limit for state debt as the second-youngest euro-region member wants to prevent the region's fiscal crisis from spreading. The government approved a framework for ...
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Other Peoples Money
Sydney Morning Herald
Money follows yield, but there are many other economic conditions to consider. There has been new looming speculation of the European debt crisis continuing. Greece in particular is providing a roadblock for the EU's economic recovery. ...
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Hungary Walks Tightrope on Corporate Taxes
Wall Street Journal (blog)
1, 2013, in line with Hungary's euro convergence program submitted to Brussels last week. Development Minister Tamas Fellegi said at a conference earlier, however, that “some form of extra taxation will remain in place” after the current crisis taxes ...
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Bernanke's QEx Box
Gold Seek
The crisis in the EU as seen in Ireland and Portugal tells us the EU issues are unresolved. If Spain and potentially Italy are next, we have major global instability and fallout. Before this happens the Euro needs to be weakened to improve ...
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CREDIT MARKETS: Corporates Performing Well In Quiet Trading
Wall Street Journal
Two well-received auctions of long-dated Spanish government debt also eased fears that the sovereign-debt crisis in the bloc of euro-using nations would spread beyond Greece, Ireland and Portugal. Worries have risen in recent days that Greece, ...
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Solid demand for Spanish bonds
euronews
Markets remains doubtful whether Spain, with an economy twice the size of Greece, Portugal and Ireland combined, can decouple from the crisis gripping fellow high debtors in the bloc. Spain's Treasury issued 3.37 billion euros of bonds maturing in 2021 ...
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euronews
European non-financial corporate issuers facing fewer credit risks- Moody's
Balkans.com Business News
However, Moody's notes that the lingering sovereign debt crisis in countries on the periphery of the euro area continues to pose potentially material risks to corporates in those countries. "The companies most directly exposed to fiscal austerity ...
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MEPs Go Further Than European Council On Enforcing "Debt Brakes" On Member ...
eGov monitor
The proposals were drawn up by the task force led by European Council President Herman Von Rompuy to ensure better economic discipline and avoid another sovereign debt crisis. The size of public sector deficits and debt burdens have been key reasons ...
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FOCUS: Fiscal Frailties Elsewhere Put Positive Spin On Pound
Wall Street Journal
... as currency traders focus on the funding crisis in the euro zone and continue to digest Standard & Poor's Corp.'s decision to lower the outlook on US government debt, as well as the effects of Japan's triple disaster. "That may somehow distract the ...
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Economic Turmoil in Europe: Political Backlash and a Euro-Nordic Headache
FavStocks
With their strong election performance, the True Finns could disrupt efforts to tackle the euro debt crisis because Finland, unlike other euro countries, requires approval from its parliament to participate in EU bailouts. Even before the election, ...
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Eurogroup chief: 'I'm for secret, dark debates'
EUobserver.com
However, the Eurogroup chief could not hide his scepticism as to the effectiveness of all such measures, particularly the so-called Euro-plus-pact aimed at boosting competitiveness and adopted by EU leaders in March. "I was never a strong believer of ...
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Charlemagne: The trade war within
The Economist
ONE cause for relief in the financial crisis is that, unlike in 1930s, the world has avoided a destructive protectionist war. The European Union has played its part by enforcing internal competition rules and promoting a multitude of free-trade deals. ...
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The Economist
Irish banking crisis
Examiner.com
However the backers of the bailout the EU and IMF praise Ireland's fiscal measures, and urges Ireland to continue on the path of austerity. Ireland was plunged into fiscal crisis after nationalizing the banks which led to its debt being 100% of GDP. ...
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Coalition at one on core proposals by McCarthy
Irish Times
Initially, the Labour Ministers did seem a bit taken aback at the sheer scale of the economic and financial crisis and the constraints under which they have to work as a result of the EU-International Monetary Fund bailout. ...
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The European budget
FavStocks
Given the scale of the financial crisis being hurled at the EU it is time for radical reforms and brave departures. It is time for the EU government to give us a lead. They say they mean it when they urge lower deficits and lower spending. ...
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Sad songs from Portugal
Business Spectator
It is a development that started well before the current euro crisis. When Portugal joined the euro, it benefitted from lower interest rates. But these low rates were only used as invitation to increase both Portugal's private and public debt. ...
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Interview: Jim Sinclair on Gold and the World Financial System
Gold Seek
The focus of the media has been on the Euro. The US should stand in front of a mirror. The states of the economic union of America are in no better shape. HRN: The news media is ignoring the US sovereign debt crisis? Jim Sinclair: In George Orwell's ...
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Time to Short the Euro. Rising interest Rates aren't enough to ...
By Adam Kritzer
That's in spite of anemic Eurozone GDP growth, serious fiscal issues, the increasing likelihood of one or more sovereign debt defaults, and a current account deficit to boot. In short, I think it might be time to short the Euro. ...
Forex Blog - http://www.forexblog.org/
Europe's debt crisis: It's back!!!
And secondly, once the debt crisis genie is out of the bottle, ... So last year, when the EU elites decided to break their own treaties and turn the euro ...
curiouscapitalist.blogs.time.com/.../europes-debt-crisis-its-back...
EU's Rehn says entering end-game in euro debt crisis
WASHINGTON (Reuters) - The euro zone is entering the final stage of dealing with its sovereign debt crisis as Portugal's request for EU/IMF aid should ...
www.reuters.com/.../us-eurozone-crisis-rehn-idUSTRE73D4K...
Banking Crisis of '30s Gives EU Bad-Loan Tuition: Peter Coy
“Unlike Austria in 1931, the euro zone has the resources to bail out the threatened banks without really triggering a full-blown debt crisis,” says Michael ...
www.bloomberg.com/.../banking-crisis-of-30s-gives-eu-bad-l...
Finnish Vote Dents Euro Area's Debt-Crisis Shield, Analysts Say ...
Finnish Vote Dents Euro Area's Debt-Crisis Shield, Analysts. The European Union may have to work around Finnish opposition to the rescue of Portugal while ...
www.bloomberg.com/.../finnish-vote-dents-euro-area-s-debt-c...
European Politics - EU Debt Crisis Boosting Far Right - CNBC
As austerity measures kick in and the euro zone debt crisis begins to really ... Nationalism in the south of Europe and anti-euro sentiment in the north of ...
www.cnbc.com/id/.../EU_Debt_Crisis_Boosting_Far_Right
Euro zone crisis escalates on Greek debt fears - Yahoo! News
The anti-euro True Finns party scored big gains in a Sunday vote and vowed to push for ... After a brief lull in the EU debt crisis at the start of 2011, ...
news.yahoo.com/s/nm/20110418/bs_nm/us_eurozone
Euro zone crisis escalates on Greek debt fears | Reuters
BERLIN/ATHENS (Reuters) - Fresh fears that Greece will have to restructure its mountain of debt, possibly as early as this summer, sent the euro and some ...
uk.reuters.com/.../uk-eurozone-idUKTRE73H1DI20110418
NewsDaily: Euro zone crisis escalates on Greek debt fears
The anti-euro True Finns party scored big gains in a Sunday vote and vowed to push for ... After a brief lull in the EU debt crisis at the start of 2011, ...
www.newsdaily.com/stories/tre73h1de-us-eurozone/
Portugal-rescue: EU tames debt crisis | Economics Newspaper
Gödöllö (AP) – With the billion injection into the ailing euro country Portugal, the EU has narrowed down to personal conviction dangerous debt crisis ...
economicsnewspaper.com/.../portugal-rescue-eu-tames-debt-cr...
Euro zone crisis escalates on Greek debt fears | Finance Business News
The anti-euro True Finns party scored big gains in a Sunday vote and vowed to push for ... After a brief lull in the EU debt crisis at the start of 2011, ...
www.financebusinessnews.net/euro-zone-crisis-escalates-on-gr...
The Daily Herald -Euro crisis escalates on Greek debt fears
The anti-euro True Finns party scored big gains in a Sunday vote and vowed to push for ... After a brief lull in the EU debt crisis at the start of 2011, ...
https://www.thedailyherald.com/.../16014-euro-crisis-escalates-...
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.
www.spiegel.de/international/europe/0,1518,756182,00.html
Euro zone crisis escalates on Greek debt fears - 1450 WHTC ...
The anti-euro True Finns party scored big gains in a Sunday vote and vowed to push for ... After a brief lull in the EU debt crisis at the start of 2011, ...
www.whtc.com/.../euro-zone-crisis-escalates-on-greek-debt-fe...
Finnish Vote Dents Euro Area's Debt-Crisis Shield, Analysts Say
Finnish Vote Dents Euro Area's Debt-Crisis Shield, Analysts Say. 19 (Bloomberg) -- The European Union may have to work around Finnish opposition to the ...
billionaires.forbes.com/article/00lx3Op8rcduu?q=European...
Why Europe's debt crisis is heating up again - The Curious ...
And secondly, once the debt crisis genie is out of the bottle, it is really really ... The nationalist True Finns are openly anti-euro and anti-bailout, ...
curiouscapitalist.blogs.time.com/.../europes-debt-crisis-its-back...
FT.com / Comment / Op-Ed Columnists - The euro crisis, Italy and ...
The euro crisis, Italy and its playful premier. By Gideon Rachman ... For the European Union, Italy is the whale – the country whose economy and debts are ...
www.ft.com/.../2971a046-6474-11e0-a69a-00144feab49a.ht...
EU Failed to Ease Greek Debt Crisis . People7
45 Responses to “EU Failed to Ease Greek Debt Crisis”. MegaMG0 says: April 17, 2011 at 7:27 pm. @5hitter It doesn't matter if you take seriously what I say, ...
people7.com/eu-failed-to-ease-greek-debt-crisis.htm
Demand for Spanish Bonds Reassures, But Yields Rise
Wall Street Journal
"The good news is that demand was very good, and this will reassure investors ... The next signposts in the European debt crisis will be negotiations on the ...
EU Morning Report- Euro continues to fall as the euro zone debt ...
EU Morning ReportEuro continues to fall as the euro zone debt crisis ... with the IBTimes using your favorite social networks and online news applications: ...
hken.ibtimes.com/.../eu-morning-report-euro-continues-to-fall...
Euro zone crisis escalates on Greek debt fears_News--China ...
Politics to block debt crisis steps at EU summit [03-24-2011]. Eurozone finance ministers to hold extra meeting on debt crisis [03-15-2011] ...
en.ce.cn/subject/financialcrisis/.../t20110419_22371519.shtml
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