Today: IRELAND, Portugal, Spain, Italy, Greece News, May 28, 2011

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May 28, 2011

IRELAND, Portugal, Spain, Italy, Greece News, May 28, 2011

Asset sell-off in Greece amid default fears - The Irish Times ...
The biggest falls were in the Greek, Irish and Portuguese bond markets because of rising fears that all three countries would have to restructure their debt. ... domestic product, to achieve a 7.5 per cent cut in the deficit by this year. ... As Greece slips, it pulls down other countries such as Spain and Italy. ...
www.irishtimes.com/newspaper/finance/.../1224297637329.ht...

Full story - FxNet - News
"Concern about Spain and Italy might be overblown, but the Greece issue is not ...euro zone states and could push Portuguese and Irish debt into junk territory, ...Greece, Ireland and Portugal have received emergency aid from the ...
www.fx-net.co.uk/news_disp.php?id=9247494

Obama's European Trip: Comparing Countries' Debt Troubles | The ...
Read more: Ireland's New Leader Wrestles With Lingering Debt Problems, EU Bailout... More than 10000 people demonstrated peacefully in the Greek capital as .... by the government to deal with a ballooning public deficit have been unpopular. ... on the so-called "PIIGS" (Portugal, Ireland, Italy, Greece and Spain). ...
www.pbs.org/.../obamas-european-trip-comparing-countries-d...

Dr. Peter Morici: Greece should restructure debt and abandon the ...
Spanish Prime Minister José Luis Rodríguez Zapatero, looking glum after his ... was taken away from poorer countries like Portugal, Spain, Greece, and Ireland. ... NTMA says General Irish Government debt will reach €203bn by 2015; ... Markets News: IMF Fiscal Monitor Report; Irish 2011 budget deficit raised; ...
www.finfacts.ie/irishfinancenews/article_1022367.shtml

Europe's Debt Crisis Deepens as Greece Plans Cuts, Asset Sales
FREE NEWS ALERTS ... The demands on Greece come amid renewed pressure onSpain and Italy, in addition to Ireland and Portugal, ... The shift in power in some key regions may spark doubts over Spain's ability to contain its deficit as newly elected ...Irish 10-year yields advanced 29 basis points to 10.83 percent , ...
www.moneynews.com/Economy/Europe-Debt.../397387

Euro rises against dollar but Greece saps momentum | Reuters
Scenarios: Euro could fall to $1.30 if Greece restructures debt ... "Concern aboutSpain and Italy might be overblown, but the Greece issue is not going away , and ifGreece restructures, that may open the door for Ireland and Portugal. ... pushPortuguese and Irish debt into junk territory, Moody's said on Tuesday, ...
www.reuters.com/.../us-markets-forex-idUSTRE74562320110...

Europe's Debt Crisis Deepens
The demands on Greece come amid renewed pressure on Spain and Italy, in addition to Ireland and Portugal, the other two euro ... The shift in power in some key regions may spark doubts over Spain's ability to contain its deficit as newly ... Irish 10-year yields advanced 29 basis points to 10.83 percent, with Italy ...
www.treasuryandrisk.com/2011/.../europes-debt-crisis-deepens

FOREX-Euro rises vs dollar but Greece saps momentum | Forex Live Today
Forex trading news, rates, charts, analysis and education. A community where traders can share ... the finances of Spain and Italy. “Concern about Spain and Italy might be overblown, but the ... states and could push Portuguese and Irish debt into junk ...Greece, Ireland and Portugal have received emergency aid ...
forexlivetoday.com/.../forex-euro-rises-vs-dollar-but-greece-sa...

CHRONOLOGY: The eurozone debt crisis - Monsters and Critics
Business News ... April 22, 2010: The European Unon estimates 2009 Greek deficit at 13.6 per cent of ... to banks from indebted states like Greece, Ireland, Portugal andSpain. ... November 28, 2010: 85-billion-euro three-year Irish rescue package ... March 23, 2011: Portuguese Premier Jose Socrates resigns after ...
www.monstersandcritics.com/.../CHRONOLOGY-The-eurozon...

The Global Policy Institute: Will the Eurozone Implode?
GPI in the news .... France, Spain, Denmark, Italy, and the UK have all done so. ... If we take Portugal, Ireland, or Greece for example, aside from their debt problems, ...None of this is to suggest that Portugal, Greece or other national ... The position of the ECB which does also hold Greek debt should be ...
www.gpilondon.com/?id=288

Is Greece Lehman II? - macrobusiness.com.au | macrobusiness.com.au
The Irish will, within a few days, walk away from the debts of its banking system. ThePortuguese government will wait to see whether there is chaos in Greece before ... that the primary deficit is increasing, not decreasing. .... From what I've read Greece,Ireland and Portugal are essentially bankrupt and Spain, ...
macrobusiness.com.au/2011/05/is-greece-lehman-ii/

European Debt Crisis Accelerating
Breaking Stories / Latest News. Finance and Economics; Business and Politics ...crisis in the “PIIGS” countries — Portugal, Ireland, Italy, Greece, and Spain. ... to push through unpopular programs to reduce that country's budget deficit. ... European Banks Wait in Fear Over Consequences of Unresolved Greek Debt ...
jutiagroup.com/20110527-european-debt-crisis-accelerating/


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