Reuters
"The tensions we face in Europe today are not a crisis of the euro. They do not indicate a crisis in the monetary union," Trichet added. He did not name any specific country but he made the remarks as Greece's debt crisis takes center stage in the euro ...
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Business Daily - Euro - crisis over?
BBC News
And, there is news from Europe's other debtor nations too. International lenders say they are close to agreeing a new rescue package for Greece. So is this the beginning of the end of the Eurozone's simmering debt crisis? ...
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BBC News
Greece facing default unless helped -- EU's Rehn
Reuters
... June 6 (Reuters) - Jean-Claude Juncker, the chairman of euro zone finance ministers, and European Economic and Monetary Affairs Commissioner Olli Rehn appeared before the European Parliament on Monday to discuss the region's sovereign debt crisis. ...
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No quick fix seen for Greek debt woes
MarketWatch
By William L. Watts, MarketWatch FRANKFURT (MarketWatch) — European financial markets may have breathed a sigh of relief on Friday after international lenders signaled they won't let Greece default, but the sovereign-debt crisis is likely to continue ...
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Europe Has Not Had Its Financial Crisis: Asset Manager
CNBC.com
If no one is actually going to leave the euro zone, debt restructuring remains the most likely way out of this crisis according to McCaughan, who refuses to take denials from EU policy makers at face value. “The impact of rescheduling on the financial ...
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ECB buys no govt bonds for 10th straight week
Reuters
YLDS5 YLDS2 The ECB started its controversial purchase programme last May as part of euro zone efforts to stave off the debt crisis. Under the programme's rules, the ECB and the 17 euro zone national central banks can buy government and corporate bonds ...
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Economic Crisis 'Successfully Exited'
Wall Street Journal
Mr. Noyer also argued that the risks of the sovereign-debt crisis to the banking sector, especially in France, were overstated, noting that total exposure of French banks to the periphery of the euro zone was only 38% of their Tier 1 capital, ...
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That was the easy bit
The Economist (blog)
JOSÉ SÓCRATES, Portugal's prime minister, has become the latest European socialist to fall victim to the euro zone's debt crisis after his party's decisive defeat by right-wing opposition parties in yesterday's snap general election. ...
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Analysis: German lawmakers see no alternative to more Greek aid
Reuters
"There is a growing number of parliamentarians who oppose giving additional money for Greece," said Juergen von Hagen, a leading German economist and authority on the debt crisis at Bonn University. "But Merkel, if she proceeds as she has in the past, ...
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Deadline looms for mammoth eurozone reforms
EurActiv
EU lawmakers have been beavering away at six legislative proposals that make up the bloc's economic governance package, designed to eliminate the possibility of another sovereign debt crisislike that of recent months, which has weakened the euro. ...
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European Stocks Slide On Recovery Concerns
RTT News
The markets remain concerned that the US economy is stuck in a soft patch, just as Europestruggles to contain Greece's sovereign debt crisis. While officials have downplayed the threat of a Greek default, analysts say that a restructuring may be ...
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Technical Market Commentary
FXstreet.com
Euro is positive on speculation that officials from the European Union will prepare a new aid package for Greece, easing concern over the Eurozone debt crisis. Support is seen around 1.4482 levels (21days 4hrly EMA) while resistance is seen around ...
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Greek Tragedy: Euro As Something Like A Gold Standard
Business Insider
... has recently been admitted to the Eurozone after successful fiscal consolidation, while the other three have their currencies pegged with the Euro. As Edward Hugh put it: … just like the PIGS the BELLS have also had their own debt crisis, ...
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EUR also gained to a one-month high against the AUD and the CAD
FXstreet.com
The EUR gained against a basket of currencies on speculation that the European Union will reiterate their intention to prepare a new aid package for Greece. It eased concerns over the 17- nation region's debt crisis and pushed the EUR to a one-month ...
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Brace Position
New Europe
It will prove illusory to be able to avoid a significant haircut, especially when the German taxpayers will have to rescue German banks by taking over the bad debt obligations from Greece, Ireland, Portugal, Spain and Italy. The history of debt crisis ...
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GLOBAL MARKETS: European Stocks Down; Greek Uncertainty Weighs
Wall Street Journal
"Against that backdrop, we maintain our overall defensive positioning but believe it is too early to go into 'crisis' mode." At 1045 GMT, the Stoxx Europe 600 index was down 0.4% at 272.65. The StoxxEurope 600 banks index was down 1.1% at 189.56, ...
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Expect a roller-coaster of a time with European equities
CITY A.M.
On the back of the Greek tragedy, the FTSE Euro 100 dropped 2.85 per cent in May, though is up 13.69 per cent on the year. Stephen Barber of Selftrade says that even though “the Eurozonesovereign debt crisis is causing headaches for some investors,” ...
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ECB's Wellink calls for European political integration
Interactive Investor
AMSTERDAM (Reuters) - Europe's decision-making process does not work in times of crisis, a European Central Bank policymaker said on Monday, calling for greater political integration in the region. "You can say that the decision-making mechanism in ...
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Lack of Catalysts May Intensify Uncertainty
RTT News
Last Tuesday, after the markets opened following an extended weekend, crude oil futures jumped over $2.11 a barrel on reports that Greece may receive extended assistance to tide over the debt crisis. However, the commodity pulled back sharply on ...
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A Romanian perspective on European economic integration
EurActiv
"Why does Romania, with a debt level of 23.7% of GDP (ranking fourth among the 27 members), raise more concern than Italy, indebted at 115.9% of GDP, or Belgium, indebted at 96.7%? Why do rating agencies rate Romania, which is outside the euro zone, ...
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CANADA STOCKS-TSX may open lower; economy fears hurt commodities
Reuters Africa
N] * European stocks were down by midday, falling for the fourth consecutive session, led by banking stocks as a new bailout package for Greece failed to dissipate concerns over the euro zone debt crisis. [.EU] * Asian markets were down with Nikkei ...
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• Fed's Plosser said he expects somewhat tighter monetary policy possible by ...
Proactive Investors UK
Euro-zone officials will look to ask Greece's creditors to exchange their soon to mature debt fordebt with a longer maturity, a process that could begin as early as July once the new Greek aid package is approved at their meeting on June 20. - EU ...
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PRECIOUS-Gold steady on US growth fear, weak dollar
Reuters
... the ongoing Greek debt crisis, as international lenders said on Friday that the country is likely to get a vital slice of aid in July to avoid default while the European Union raised the prospect of expanding the bailout of the euro zone state. ...
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Monday Morning Grain Market Comments
Inside Futures
Once the Greek problems are behind us, look for Ireland and Portugal to become the new center of attention in the never ending euro-zone debt crisis. Crude Oil prices will also be in play this week as OPEC meets to discuss whether or not they will ...
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U.S. Markets: Be Concerned, but Don't Panic
Seeking Alpha
In the long term I don't believe the eurozone sovereign debt problem is at all contained because I have yet to see how they will make the numbers work. It's mostly smoke and mirrors. What we have in Europe is a systemic banking crisis waiting to happen ...
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US data still weighing on JSE
Independent Online
Concerns about the European debt crisis were somewhat alleviated by news on Friday that Greece's talks with the European Union and the International Monetary Fund concluded positively, but political developments in the region continued to grab ...
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Independent Online
India gold settles higher on weak US economic data
Commodity Online
The Euro is getting stronger on prospects officials from the European Union will reiterate their intention to prepare a new aid package for Greece, easing concern over the region's debt crisis. The recent run of weak US economic data is increasing the ...
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Three ETFs To Watch This Week: BRF, FXE, ENZL
ETF Database
... well as further clarification regarding the European debt situation in the form of GDP reports and CPI. The week will see bank meetings from Australia, New Zealand, the ECB, England, and Brazil highlighting how Europe plans to deal with the crisis, ...
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ETF Database
Arab revolutions and the World Economy: consequences with unknown prospects
RIA Novosti
European economies, in particular, face different risks, above all the sovereign debt of EU member countries: Spain, Portugal and Greece. If anything could derail the unfolding Euro-zone recovery, it would not be the MENA uprisings, but the potential ...
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China's slow boat to Portugal, has it finally arrived?
New Europe
However, Portugal hasn't always been paradise on earth for Chinese business in times of economicalcrisis. “Customers, where are you?” 48-year old shop keeper Wang Xi Fei keeps on asking while New Europe pays a visit to Aveiro. ...
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WEEK IN FOCUS REPORT INCLUDING: Greece received a sigh of relief following the ...
Proactive Investors UK
The handling of events that unfolded following the March 11th earthquake and tsunami, allied with the nuclear crisis in Japan, has seen Naoto Kan's troubles accumulate prompting pressure from within his own party to depart as soon as possible. ...
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ibya: Imperial neurosis and the dangers of 'humanitarian' interventionism
Afrika
It is wrongly identified as a 'financial' crisis, because in fact it is much deeper. The crisis that theEurozone faces today, for example, is one of its latest manifestations. It requires no genius to understand that what is taking place in Europe is ...
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New rules could impact policy: BoC
National Post (registration)
Mr. Barnier defended the eurozone as an entity, saying the current sovereign debt crisis hitting Greece and other nations “is not a crisis of the euro” currency. “It is a crisis of countries that have been poorly governed that are in the eurozone. ...
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Forex Technical Update
Action Forex
EUR/USD: Euro is currently trading positive at 1.4639 levels. Euro is positive on speculation that officials from the European Union will prepare a new aid package for Greece, easing concern over the Eurozone debt crisis. Support is seen around 1.4482 ...
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IMF elections hold key global challenge
Financial News (subscription)
Europe had tried to live without the benefit of outside advice. In 2009, the impact of the financialcrisis on the fiscal sustainability of peripheral members of the eurozone changed this. Some countries – in particular Germany – pressed for an ...
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The European Debt Crisis, A Reality Check
By Leo Alkalay
The problems with Greek debt — along with that of other debt-ridden members of the Eurozone, such as Portugal, Ireland, Spain and Italy — have no easy solution , and financial markets are justifiably worried that raising the capital to pay off ... This may support the Euro temporarily, but could choke off the nascent economic recovery. Too, if a solution to the debt crisis is not implemented soon , the Euro could well fail to remain viable in its present form and sell side ...
eToro Blog - http://www.etoro.net/
July predicted as next move for rise in Euro zone ... - Currency News
By Toby
The Pound was down again against the Euro after a poor week of U.K data, with the single currency supported further by fresh optimism over a new bailout deal for Greece, with the E.U and I.M.F's inspection of the country reported as positive ... The Euro was up against Sterling and the Dollar this morning with many traders pricing in a widening gap between Euro zone interest rates and those in the U.K and U.S. Despite an unresolved debt crisis in Greece that still has the ...
Currency News - http://www.currencynewstoday.co.uk/
Amid debt crisis and slowdown, euro may still rise | DailyFT - Be ...
By harsha
The falling dollar has in turn pushed up the euro, which despite no solution in sight for the euro zone's debt crisis may find some traction this week and support commodity prices. ... Even with tens of thousands of Greeks taking to the streets to protest austerity measures yet to become law and European leaders still debating what to do about the country's mountain of debt, traders have been growing increasingly numb to the news flow surrounding Greece. ...
DailyFT - Be Empowered - http://www.ft.lk/
The Oil Age | Peak Oil | LATOC • Eurozone debt crisis deepens, and ...
The euro, global equities and bonds in peripheral Eurozone countries are all lower this morning on heightened concerns about the debt crisis in the Eurozone ...
www.theoilage.com/eurozone-debt-crisis-deepens-and-more-t...
Story of EU Debt Crisis Continues, Drowning Euro | forex details
Posted upon Forex News. Posts Related to Story of EU Debt Crisis Continues, ... Europe's debt crisis could still spread to core euro zone countries and . ...
forexdetails.co.cc/20110524-story-of-eu-debt-crisis-continues-...
Belgium urges pan-eurozone bond to overcome debt crisis - The ...
News. Opinion. Taiwan Living. Learn English. The China Post ... Belgium urges pan-eurozone bond to overcome debt crisis ... government scrambles to prevent a new debt crisis, one year after obtaining a 110-billion-euro EU-IMF bailout, ...
www.chinapost.com.tw/business/europe/.../Belgium-urges.htm
The Euro-Debt Crisis: Greece, Portugal, Spain. The Debts are ...
News; Photos. We hope all of our appearances on Greek TV, radio and in the ... GLOBAL MARKETS WEEKAHEAD-Drip, drip from the euro debt crisis ... Independent online (SA) Europe'spolicy options to manage Greece's debt crisis are narrowing ... that the euro zone debt crisis is heading for a new, more dangerous phase. ...
article.wn.com/.../The_EuroDebt_Crisis_Greece_Portugal_Spa...
Eurozone debt crisis spreads to Spain and Italy - MoneyWeek
The eurozone debt crisis has gone from bad to worse, this week spreading to ... is increasingly questioning the eurozone's ability to contain its crisis”, ... MoneyWeek Asia is a FREE weekly email of investment ideas and news from the ...
www.moneyweek.com/.../eurozone-debt-crisis-spreads-to-spai...
Eurozone may look toward IMF for debt crisis help | Marketplace ...
Eurozone may look toward IMF for debt crisis help ... The Euro is one of the strongest currencies in the world. .... Above the Fold: News and views ...
marketplace.publicradio.org/.../pm-eurozone-expected-to-look...
World stocks, euro slip on euro zone debt crisis: Thomson Reuters ...
News Center. Thomson Reuters. World stocks, euro slip on euro zone debt crisis ... Europe'spolicy options to avert a Greek debt default appear to be ...
money.msn.com/business-news/article.aspx?feed=OBR...
World stocks, euro slip on euro zone debt crisis - International ...
World stocks, euro slip on euro zone debt crisis. Latest News in Equities ... Europe's policy options to avert a Greek debt default appear to be dwindling fast, ... Risk Off (4:56 am); Forex MarketInsight 06/02/2011 (4:13 am) ...
africa.ibtimes.com/.../world-stocks-euro-slip-on-euro-zone-de...Euro rises even amid debt crisis: Fin24: Markets: Currencies
The euro has hit a one-month high, heading toward $1.50 ahead of a European ... Collective Insight · Barometer · Featured in Finweek ... pushed up the euro, which despite no solution in sight for theeurozone's debt crisis ... of debt, traders have been growing increasingly numb to the news flow surrounding Greece. ...
fin24.tv/Markets/.../Euro-rises-even-amid-debt-crisis-2011060...LME METALS-Factors to watch on May 24 | Reuters
Eurozone Industrial New Orders for March at 0900 GMT. ... the defensive on worries that the euro zone's debt crisis was deepening and could spread ... AlertNet provides news, images and insightfrom the world's disasters and conflicts ...
af.reuters.com/article/idAFLDE74N0D620110524ECB expected to signal July rate increase - NewsWires : euronews ...
NewsWires | euronews : International and European news all available as video on demand. ...amounts of cash to help weaker lenders hit by the euro zone debt crisis. ... an interest rate hike,” IHS Global Insight economist Howard Archer said. ... Europe · Middle East · streaming live · Your questions on disasters ...
www.euronews.net/.../959209-ecb-expected-to-signal-july-rate...Market update Friday 27th May
... overshadowed ongoing concerns about the euro zone debt crisis and peaked at $1.4278. ...News from the EU Business Climate and Economic Sentiment will likely provide some insight as to the direction we can expect the euro to take ...
https://www.devere-group-currencyexchangeonline.com/.../M...
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