Reuters
The chancellor strongly opposes any enforced restructuring of euro zone debt including in Greece's case, saying that changing the rules for private investors in the middle of the bailout plan for Greece, and for Ireland and Portugal under the European ...
See all stories on this topic »
Steven Pearlstein: The problem with IMF's plan to fix Europe's debt crisis
Washington Post
The official IMF view, like that of the European Central Bank, is that allowing any euro-zone country to restructure its debt will trigger another global financial crisis as investors rush to indiscriminately dump all their European bonds, ...
See all stories on this topic »
Crisis deepens in the eurozone
Socialist Party
The eurozone faces its deepest crisis since the euro was launched in 1999. Failure to resolve the sharpening Greek debt emergency would have a devastating effect on the European and world economies. A default by Greece, in effect, bankruptcy under ...
See all stories on this topic »
Fund mangers see debt crisis as damaging prospects for Eurozone
FinFacts Ireland
This reflects investors' identification of the eurozone sovereign debt crisis as the largest tail risk globally (up to 36%, from 21% in April). With prospects for growth more challenging and inflation fears receding, asset allocators have postponed ...
See all stories on this topic »
FinFacts Ireland
Greek reprofiling threatens to undermine CDS
Financial Times
In one sense, Greece may be about to get its revenge on the speculators blamed by politicians for exacerbating the country's debt crisis. If eurozone leaders press ahead with plans to extend Greek bond maturities in a “soft” or voluntary debt ...
See all stories on this topic »
PRECIOUS-Gold steady, euro zone debt fears support
Reuters
SINGAPORE, May 18 (Reuters) - Gold held steady on Wednesday as worries about the euro zone's debt crisis lent support to bullion, after weak US industrial and housing data triggered declines in oil and metals in the previous session. ...
See all stories on this topic »
Sovereign Debt Crisis Update
FXstreet.com
Mr Rehn acknowledged that the European banking sector fragilities complicate the fight against the sovereign debt crisis. The debate around a possible debt re-profiling intensifies. The head of the Eurogroup, Mr Juncker, made a quite unusually bold ...
See all stories on this topic »
Stumbling Into the Eurozone Solvency Crisis
Roubini.com (subscription)
In order to overcome such a crisis, it is vital to restructure the unsecured debt of EU zombie banks and recapitalize the systemically important ones among them. The “too big to fail” syndrome is not an American problem; it is pervasive to the Eurozone ...
See all stories on this topic »
European stocks mostly rise
Pakistan Daily Times
LONDON: Europe's main stock markets mainly rose on Tuesday as investors digested company news from blue-chip giants Vodafone and BP, and tracked the eurozone debt crisis after an EU-IMF bailout of Portugal. In late morning deals, London's benchmark ...
See all stories on this topic »
Denmark Ctrl Bk Callesen: Not Right Time To Adopt Euro
Wall Street Journal
Although the debt crisis in some euro-zone countries is a concern, much of Europe is in very good economic health, he said. Asked specifically about Greece, he said the world needs to get financing right for "certain countries" and allow the adoption ...
See all stories on this topic »
ECB Planning Low-Rate Exit
Wall Street Journal
Turning to Europe's sovereign-debt crisis, Mr. Nowotny said Greece "clearly could do more" to reform its economy and meet the conditions of its financial-aid package, particularly with regard to privatizations of state enterprises. ...
See all stories on this topic »
Oils, miners, techs give European shares a boost
Reuters
The session proved choppy, however, unsettled by worries over the euro zone's debt problems after the IMF warned Greece that it needed to accelerate reforms and euro zone officials dismissed suggestions of a modest debt restructuring for the country. ...
See all stories on this topic »
EU Van Rompuy: Euro Is Very Strong Currency, Trusted By Investors Worldwide
Wall Street Journal
SHANGHAI (Dow Jones)--The euro remains a very strong currency that is trusted by investors worldwide despite Europe's ongoing sovereign debt crisis, European Council President Herman Van Rompuy said Wednesday. In a speech to the European Union Chamber ...
See all stories on this topic »
Stocks down amid weaker dollar, European debt crisis.
Examiner.com
The European debt crisis continues to be a strong threat to the world economic recovery, and financial stability. As Greece still struggles with huge debt after bailout of EURO115 Billion last year, there is skepticism as to whether Euro Zone will ...
See all stories on this topic »
FOREX-Euro steady but debt worries weigh
Reuters
Still, investors avoided being too optimistic about piling up euro positions as the region's debt crisisis far from over, analysts said. Europe's top financial officials broke a taboo on Tuesday and acknowledged for the first time that Greece may have ...
See all stories on this topic »
Analysis: Europe austerity backlash in votes more than riots
Reuters
More than two years into the Eurozone debt crisis, there are few signs that it is being brought under control. Europe's top officials for the first time this week acknowledged the continent's most troubled economy Greece might have had to restructure ...
See all stories on this topic »
Reuters
Asian shares rise, Tokyo lifted by Dell, weak yen
AFP
The Nikkei was also boosted by a weaker yen as hopes rose the European sovereigndebt crisis can be solved after a 78 billion euro bailout for Portugal was signed off and talks continued over further hlp for Greece. Leading eurozone policy-maker ...
See all stories on this topic »
AFP
ECB Stark: Aid Recipients Need To Fully Comply With Loan Terms
NASDAQ
However, Stark also said that the majority of countries in the single currency area are on the cusp of overcoming the economic consequences of the financial crisis, he said. "The economic recovery in the euro area has been sustained and has become more ...
See all stories on this topic »
On Tuesday, Global core bonds remained well supported
FXstreet.com
Underlying concerns are lingering about the euro debt crisis and monetary policy tightening in Asia. In a daily perspective, German yields fell by 1 to 2.7 bps and the US ones were flat (2-year) to 4.5 bps lower (30-year). Intra-day, the Bund initially ...
See all stories on this topic »
Wall Street gloom, Euro crisis weighs on markets
istockAnalyst.com (press release)
The Dow Jones industrial average declined 47.38 points, or 0.38 percent, to close at 12548.37 on the back of a weak manufacturing data and concerns on the eurozone debt crisis. The main index traded above the psychological 4300-line through the first ...
See all stories on this topic »
Osborne Won't Always Have Lagarde on His Side
Wall Street Journal
But even if Spain muddles through, other euro challenges likely lie ahead for the UK Despite fevered talk of debt restructurings and euro break-up, the most likely outcome of the euro crisis is some form of fiscal transfer accompanied by moves to more ...
See all stories on this topic »
Brussels Economic Forum: Gurría says most risks to global economy on downside ...
FinFacts Ireland
Let me repeat that: We are faced with sovereign debt crises in individual countries, and not with a currency crisis. This is demonstrated by the simple fact that the external and internal value of Europe's common currency – despite all the turbulences ...
See all stories on this topic »
FinFacts Ireland
Ireland's bailout programme 'on track'
RTE.ie
He said that private sector burden sharing in the sovereign debt crisis was essential once the permanent EU rescue mechanism came into effect in 2013. The IMF and the EC have said that Greece needs to deepen and speed up its economic reforms if the ...
See all stories on this topic »
FOREX-Euro clings to gains vs USD, focus on techs
Reuters
At the same time, the euro's upside was capped after European finance officials on Tuesday acknowledged that Greece may have to restructure its debts, which raised speculation that Europe'ssovereign debt crisis may worsen. [ID:nLDE74G0PD] "If Greece ...
See all stories on this topic »
The bin Laden/Strauss-Kahn effect
Salon
Over the past year and a half we've followed endless speculation as to the question of how Europe's ongoing sovereign debt crisis will be resolved. Could the European Union just muddle its way through, keeping everything stitched together with spit and...
See all stories on this topic »
Salon
Highlights: German finmin Schaeuble on EU debt crisis
Reuters
But during the crisis it was almost exclusively European taxpayers who ultimately bore the risk of investors' decisions. "That is inadmissible. It was right to stop financial markets from disintegrating in the past, but it would be wrong to cushion ...
See all stories on this topic »
Europe shares close lower on weak data
Gulf Times
A sharp profit-warning from US computer giant HP was an unwelcome reality check for those betting that strong company results herald a good year ahead while investors kept a wary eye on tracked theeurozone debt crisis. In London, the FTSE 100 index of ...
See all stories on this topic »
Real estate shares help European stocks to rebound
Reuters
The selloff in the previous sessions had prompted some investors to grab cheaper stocks, and while the medium-term outlook was more positive, near-term gains could be capped by concerns about economic recovery and the euro zone debt crisis. ...
See all stories on this topic »
METALS-Copper rises on technicals, weaker dollar
Reuters Africa
Also, the euro zone debt crisis seems stabilised with Portugal's bailout settled, which will lift the pressure on the euro in the short term," he added. US data on Tuesday showed that housing starts and permits for future home construction fell in ...
See all stories on this topic »
Euro to remain a reserve currency, says World Bank
Fundweb
In particular, America is still facing a potential debt crisis and China is showing little inclination to let the renminbi play a dominant role in the world's reserves. However, the World Bank maintains emerging markets will play a greater role in the ...
See all stories on this topic »
Australian Stock Market Report 05/18/2011
International Business Times
The euro zone debt crisis prompted investors to remain cautious. The EU finance minister, Jean-Claude Juncker acknowledged for the first time that Greece may have to move towards a ´´soft restructuring´´ of its debt. The FTSEurofirst index fell by 1pct ...
See all stories on this topic »
Morning News Call - EMEA, May 18
Reuters
Gold held steady as worries about the euro zone's debt crisis lent support to bullion, after the weak US data triggered declines in oil and metals in the previous session. Spot gold was little changed at $1485.59 an ounce by 0034 GMT, after falling for ...
See all stories on this topic »
Rising Commodity, Energy Prices Pose Major Risk To Malaysia's Growth
Bernama
Zeti said another area of concern is the euro zone debt crisis as it will have an implication on the financial market, which generates a higher degree of volatility and uncertainty. "Although not every part of Europe is affected, there may be a ...
See all stories on this topic »
Japan ex-MOF Watanabe questions Europe's entitlement to IMF helm
Reuters
"I think (Europe) will probably not reverse that spirit." Europeans said it made sense for them to retain the post while the International Monetary Fund plays such a crucial role in helping to ease theeuro zone debt crisis. [ID:nN17204362] Watanabe is ...
See all stories on this topic »
Pre Market Briefing, including Economic expectations index in the Euro-zone ...
Proactive Investors UK
Markets in Asia are trading higher this morning, after Tokyo Electric Power Co. presented a plan for stabilizing a crippled nuclear-power plant, easing concerns over an impending nuclear crisis. In Japan, Inpex is trading 3.5% higher, after the company ...
See all stories on this topic »
NYMEX-Crude at 12-wk low on demand woes, awaits data
Reuters
[ID:nLDE74G0NS] * Europe's top financial officials broke a taboo and acknowledged for the first time that Greece may have to restructure its debts, a move which could stoke Europe's debt crisis. [ID:nLD74G0PD] * Europe will not let the euro fail and ...
See all stories on this topic »
BULLION MORNING - Bullion steady after recent falls but sentiment still shaky
FXstreet.com
Continued fears over the health of the eurozone continue to keep investors on tenterhooks. In the latest development of the sovereign debt crisis, EU finance ministers admitted on Tuesday that Greece may be required to restructure its debt to remain ...
See all stories on this topic »
Wall Street insiders fearful over stocks, economy
MSN Money
The largest risk to the economy is believed to be Europe's ongoing debt crisis, which took the reigns as the biggest "tail risk" to the economy from commodity price inflation. Fewer are looking for improved corporate profits as well. ...
See all stories on this topic »
Best economy reads: Is there a future for the IMF?
Globe and Mail
On VoxEU, Guillermo de la Dehesa says "Europe's sovereign debt crisis ... exposes weaknesses in the monetary union's design, governance, and management – many of which were pointed out long before the euro existed. But, despite this, ... the euro zone ...
See all stories on this topic »
Globe and Mail
More Thoughts on Greece's Predicament
Seeking Alpha
Greece needs aid so it can pay its creditors today, but it needs a strategic plan and investment to boost its ability to compete in the world. Less than 1/100 of the brain power and ink spent on the Greek debt crisis is being used to boost Greece's ...
See all stories on this topic »
UK's Osborne: Nationality Shouldn't Matter In Choosing IMF Head
Wall Street Journal
The German government has said a European should have the job, given the IMF's role in tackling theeuro zone's debt crisis. But Osborne's comments indicate that the UK government doesn't share that view. "If it comes to a decision, what I will be ...
See all stories on this topic »
FOREX-Euro steady but debt worries weigh - Best Growth Stock ...
By Best Growth Stock
“Although the euro is still vulnerable to downward pressure due to lingering debt problems in theeuro-zone, we are watching whether it could break through its 50-day moving average of above $1.43 in the near term,” said Teppei Ino, ... FOREX-Euro stays soft vs dollar as debt worries weigh; * Eurosteady; worries on Ireland, wider debt crisis weigh * Strong Chinese trade data marginally helps risk currencies * But expectations of Chinese rate hike overwhelm By Jessica ...
Stock Market News - http://www.bestgrowthstock.com/stock-market-news/
NewsDaily: IMF issues stark warning to Greece on fiscal goals
By George Georgiopoulos and Harry Papachristou
NewsDaily: Your best source for breaking news .... IMF warns EU debt crisis may still spread to core. FRANKFURT/ATHENS, May 13, 2011 (Reuters) — Despite bailouts for Greece, Ireland and Portugal, Europe's debt crisis may yet spread to core euro zone countries and emerging Eastern Europe, the International Monetary ...
NewsDaily: Top Headlines - http://newsdaily.com/?q=Save+Us+From+Berlusconi
Is the Downfall of Dominique Strauss-Kahn Also the ... - World news
He supported the view, also held by the European Central Bank, that a eurozone member should not rush into default. The eurozone clearly needed the IMF's technical competences in dealing with its sovereign debt crises – a set of skills ... Of course, I don't think there's much likelihood of a resolution short of exiting the euro (a defacto default). But if there's any hope for a less drastic solution, it just got a lot dimmer. And of course even the drastic solution would ...
Economy news - http://economy.my-newsworld.com/
The Euro (Still) has a Greek Problem | Forex Blog
By Adam Kritzer
Forex Blog: Currency Trading News & Analysis. ... Of course, the primary risk I am talking about is the possibility first of a full-fledged sovereign debt crisis, and secondarily of a eurozone bankingcrisis. At this point, it is painfully obvious to everyone except for EU officials that the status quo cannot ...
Forex Blog - http://www.forexblog.org/
Strauss-Kahn casts shadow over EU debt crisis talks - Yahoo! News
Strauss-Kahn casts shadow over EU debt crisis talks ... Article: Greek PM calls for eurobonds to ease debt pressure … eurozone AFP · Photo in Slideshow: IMF ...
news.yahoo.com/.../eufinanceeconomybailoutgreeceimfuscrim...
Analysis: Thinking the unthinkable on Europe's debt crisis ...
There is a solution to Europe's debt crisis. It's called proper fiscal and ... Sign up to Maktoob Business news alerts now for business critical news and analysis .... In an analysis last month, comparing the euro zone crisis to similar ...
en.news.maktoob.com/20090000741052/.../article.htm
Euro Zone Ministers Divided Over Greek Debt Crisis; EU Politics ...
Euro Zone Ministers Divided Over Greek Debt Crisis; EU Politics Today Provides ... 17, 2011 /EINNews/ This important story is being tracked by EU Politics ...
www.pr-inside.com/euro-zone-ministers-divided-over-greek-r...
WRAPUP 3-IMF warns EU debt crisis may still spread to core | Reuters
IMF says debt crisis could spread to core euro zone* EU/IMF inspectors pressing for more ...Related News. IMF urges joint action over euro zone crisis ...
in.reuters.com/article/.../eurozone-idINLDE74B1DS20110512
Euro zone ministers divided over Greek debt crisis - Silobreaker
Mixed news from the Eurozone [Published May 13 2011 by The Coffee House | Politics and NewsDiscussion ... Will the Euro Zone Debt Crisis Be a Damaging Bl .. ...
www.silobreaker.com/euro-zone-ministers-divided-over-greek...
No comments:
Post a Comment