Today: EUROZONE Debt Crisis News, Jun 09, 2011 (1)

Search

ALS, Alexander Language Schools Franchise


Jun 9, 2011

EUROZONE Debt Crisis News, Jun 09, 2011 (1)


How Eurozone Debt Benefits Americans
San Francisco Chronicle
As if it's not bad enough that the US has financial troubles, we also have to keep hearing about thedebt crisis in Europe and how that's making life more difficult. Debt became such a major issue in Greece and Portugal, for example, ...
See all stories on this topic »

Greek crisis on agenda of US-German talks
Southeast European Times
The European debt crisis and Iran's nuclear programme were among the issues the leaders of the US and Germany discussed in Washington. Germany will play a leading role in mapping out a way forward for Greece, US President Barack Obama said on Tuesday ...
See all stories on this topic »

Merkel to Brief Lawmakers on Greek Aid as Schaeuble Stokes Clash With ECB
Bloomberg
Photographer: John MacDougal/AFP/Getty Images June 8 (Bloomberg) -- Willem Buiter, chief economist at Citigroup Inc., discusses the euro-zone debt crisis. He talks with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg) Germany's ...
See all stories on this topic »

EU Barroso:Fully Confident Finland Will Keep To EU Commitments
Wall Street Journal
Meanwhile, Barroso played down the idea of a split between the German government and the European Central Bank over how to handle the Greek debt crisis. Germany wants to see Greece's private creditors share the cost of fresh financial assistance. ...
See all stories on this topic »

Belgian central to resolving continental crisis
Financial Times
“It's very clear that those who call for less Europe cannot say how we solve this crisis,” he said in an interview, arguing that a break-up of the eurozone and the reinstatement of national currencies would prove disastrous. Such boldness is unsettling ...
See all stories on this topic »


Financial Times
Greek deal must involve private sector-banks in Germany
Reuters
KOENIGSTEIN, Germany, June 8 (Reuters) - Private creditors must contribute to resolving Greece'sdebt crisis, representatives of major banks in Germany said on Wednesday, while the country's banking association said such a step was likely. ...
See all stories on this topic »

Warning signals from Europe for the GCC
The National
John Sfakianakis, the chief economist at Banque Saudi Fransi, says the EU faces acrisis on a number of levels. Fahad Shadeed / Reuters The euro-zone sovereign debt crisis, and in particular the tortured negotiations going on between Greece and ...
See all stories on this topic »


The National
Euro zone growth gathered pace in Q1
RTE.ie
The figure for the euro zone, despite its battle with a deep and persistent debt crisis, compares favourably to that for the United States, which posted 0.5% growth, and Japan, where the economy shrank by 0.9%. The full EU, which also includes powerful ...
See all stories on this topic »

Obama calls on Germany to take lead on eurozone crisis
Bobsguide (press release)
Germany has a major role to play in helping resolve the issues surrounding the ongoingeurozone debt crisis, Barack Obama has suggested. During a joint speech with German chancellor Angela Merkel at the White House yesterday (7 June), the US president ...
See all stories on this topic »


Bobsguide (press release)

IMF: Euro-Zone Screening Of Entry Candidates May Become Tougher
Wall Street Journal
LONDON (Dow Jones)--Europe's fiscal crisis may force the euro zone to get tougher when screening future candidates to join the currency area, the International Monetary Fund said Wednesday. In its latest review of Latvia, the IMF's economists said the ...
See all stories on this topic »

UK yields hit 7-month lows
Business Recorder
... worries about global growth and the euro zone debt crisis eroded risk appetite and knocked share prices. Strategists said continued uncertainty over how Europe will solve Greece's debt problems had undermined bonds in the euro zone's periphery and ...
See all stories on this topic »

EU Morning Report: Dollar is under pressure after Bernanke's comments
Easy-Forex
Data showed Retail Sales in the euro zone and Germany factory orders grew more than expected in April. US President Obama commented on the euro zone debt crisis saying that economic growth depends on a resolution to debt problems in the euro area. ...
See all stories on this topic »

Irish PM Nears Acknowledging Early Bailout Cut Is Off Agenda
NASDAQ
That position, Kenny, made clear Wednesday is unacceptable because the corporation tax rate and the exports-focused computer and pharmaceutical firms it lures is Ireland's best hope for resolving its deep banking debt crisis. ...
See all stories on this topic »

Forex focus: a new show in town
Telegraph.co.uk
We have the euro magically pulling a rabbit out of the hat by calming fears yet again over the Greek debt crisis, a sleight of hand that has distracted the eye from the woes of other debt-laden peripheral countries. The US is performing a high wire act ...
See all stories on this topic »


Telegraph.co.uk

Is Schauble Calling for Restructuring or Posturing ?
Business Insider
In some ways the rate hike is not in spite of the peripheral debt crisis, but because of it. The ECB, which has come under biting criticism for becoming a holding toxic assets, has to drive home the point, beyond doubt, that it 1) makes a distinction ...
See all stories on this topic »

Blaming the U.S. for the Eurozone's Problems
Seeking Alpha
The only clean rescue for Europe would be if growth far outstripped expectations. Unfortunately, post-financial crisis growth is likely to continue to be hampered by huge debt burdens.” The worst of all worlds for this crisis…stagflation. ...
See all stories on this topic »

GREECE - Factors to Watch on June 8
Reuters
[ID:nLDE75704X] [ID:nB4E7G900O] President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged US support to help tackle the country's debt crisis. [ID:nLDE75704R] Greece postponed the ...
See all stories on this topic »

European shares fall on fragile economic outlook
Reuters
He added that whether these levels could attract buyers depended on the extend of economic slowdown and deterioration of the euro-zone debt crisis. (Reporting by Joanne Frearson; Editing by Will Waterman)
See all stories on this topic »

Copper Declines Before German Industrial Production: LME Preview
San Francisco Chronicle
{NSN LMGFDN1A1I4H } -- German Chancellor Angela Merkel is heading home with a message from President Barack Obama to take the lead in managing Europe's debt crisis. {NSN LMFZCS1A74E9 } -- Federal Reserve Chairman Ben S. Bernanke said the "frustratingly ...
See all stories on this topic »

Greece warns dissenters against rejecting austerity
Reuters
PASOK says it inherited the debt and budget crisis when it defeated the conservative New Democracy party in 2009, but has repeatedly stressed it aims to serve its full four-year term. "For us it would have been very easy to say 'let's have elections, ...
See all stories on this topic »

Europe Factors-Shares to fall for 6th day, on Bernanke
Reuters
... be persistent concerns about the euro zone debt situation. US President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged US support to help tackle the country's debt crisis. ...
See all stories on this topic »

Is Italy on the eurozone death row?
PublicServiceEurope.com
From a crisis of the Anglo-Saxon banking system, primarily triggered by its propensity to build updebt, the world moved on to a new eurozone crisis - which is mainly affecting countries with high levels of sovereign debt. ...
See all stories on this topic »

A Threat to German Growth
Gallup.com
Added to those factors are worries about the negative impact that the growing euro-zone debt crisis, the flagging US economy, and the recent cooling of China's economy may have on Germany. All these problems have clouded the successes of the bright ...
See all stories on this topic »

Forex: Australian Dollar Weakens on Economic Growth Concerns
Forex Rate It!
The Australian dollar tumbled on today's session on heightening concerns about the faltering global economic recovery, which was the unfavourable US economic data and the European debt crisis. The International Monetary Fund stated that Portugal's aid ...
See all stories on this topic »

It's Bubble Time as Asia Braces for Fed's QE3: William Pesek
Bloomberg
Europe is reeling, too, with no end in sight to Greece's debt crisis or the risk of contagion emanating from the euro zone. Japan is in bad shape as the fallout from the March 11 earthquake, tsunami and nuclear crisis hamper spending and investment. ...
See all stories on this topic »

Gold futures slide after nearing record highs
Daniels Trading
The move is viewed as an attempt to control the sovereign debt crisis tearing through euro zonebanks. "We've seen a bit of profit taking," Afshin Nabavi, a senior vice president at Geneva-based bullion refiner MKS Finance, told Bloomberg. ...
See all stories on this topic »

German exports fall most in 2 years in April-UPDATE 2
Forexyard
Germany has staged a fast recovery from a recession in 2009, dwarfing growth in other euro zonecountries, several of which are struggling with a sovereign debt crisis. Powerful performances by the German and French economies propelled growth in the ...
See all stories on this topic »

Daily Market Outlook
FXstreet.com
US President Barack Obama said 'agree the debt crisis in Europe can't be allowed to threaten the world's economic recovery; confident that Germany's leadership with other Eurozone members will help Greece return to growth, manage its debt'. ...
See all stories on this topic »

Emerging markets uncoordinated on IMF leader
MarketWatch
... non-European could provide a fresh set of eyes on the aid being doled out to euro-area nations Greece, Ireland and Portugal. European leaders have backed Lagarde in part because they want someone familiar with the euro-zone debt crisis to lead the IMF.
See all stories on this topic »

Gold's upward trend remains intact, a breach through $1550 likely
Mineweb
The demand for gold bars and gold coins in Europe almost doubled year-on-year as the sovereigndebt crisis deepens. Investment in Germany grew by 103% and demand in Switzerland increased by 117%. However, it was France that recorded the strongest ...
See all stories on this topic »

BREAKINGVIEWS - Lagarde gets nearer to IMF job she shouldn't get
Reuters India
And as the potential size of the euro zone debt mess has become more apparent, some members of the IMF board are questioning the size of its commitment. There may come a point when the IMF needs to reassess its role in Europe. Can one trust Lagarde, ...
See all stories on this topic »

Greek anti-crisis protesters vow to stay the course
MSN Philippines News
The outrage has led some Greeks to even advocate a payment default on Greece's monster debt of 340 billion euros, accumulated from a run of budget deficits. "I don't owe, I don't pay, I don't sell," read stickers plastered around the square, ...
See all stories on this topic »

Morning MarketBeat: Fed's Beige Book, More Slow Patch Debate
Wall Street Journal (blog)
Adding a dollop of fear into the mix, Moody's said a debt rescheduling would constitute a default in their august eyes. Despite the messy euro-zone situation, the euro remains relatively strong against the dollar. The European Central Bank hints that ...
See all stories on this topic »

The Real European Debt Crisis | ValueWalk.com
By Jacob Wolinsky
The debt crisis is merely a proxy for the crisis of the aging population. It is estimated that over the next 40 years, one-third of the total European population will be well over the age of 60 years. This demographic problem is similar ... If Europe does not act very soon, then the euro zone will end up looking like Japan today, except with a lot more ethnic conflict between Muslims and Christians. How does America square compare to this? Despite the temporary huge surge ...
ValueWalk.com

After Bankrupting America, Delusional, Broke-Ass Obama Offers To ...
By Pat Dollard
Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign “headwind” hitting the U.S. economy. After a meeting with German Chancellor Angela Merkel, he stressed the importance of German “leadership” on the issue – a hint that he expects Berlin to help – while expressing sympathy for the political difficulties European Union countries face in helping a struggling member ...
Pat Dollard

Obama presses Europe, pledges help for Greek crisis - Interaksyon.com
By Reuters
Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign "headwind" hitting the U.S. economy. After a meeting with German Chancellor ...
Interaksyon.com 

FACTBOX-Coming events in euro zone debt crisis | Reuters
FACTBOX-Coming events in euro zone debt crisis ... June 20 - Eurogroup meeting of euro zonefinance ministers and Ecofin meeting of EU finance ministers in .... Thomson Reuters is the world's largest international multimedia news agency ...
in.reuters.com/.../eurozone-events-idINLDE66D1JB20110603

EU Morning Report- Euro plummets as the euro zone debt crisis ...
EU Morning Report Euro plummets as the euro zone debt crisis deepensThe euro weakened ...using your favorite social networks and online news applications: ...
hken.ibtimes.com/.../eu-morning-report-euro-plummets-as-the...

Obama urges tough decisions on Greek debt crisis (Reuters) | News ...
Reuters - President Barack Obama on Tuesday urged euro zone countries and bondholders to ...IMF warns EU debt crisis may still spread to core (Reuters) ...
www.inthenews.eu/obama-urges-tough-decisions-on-greek-de...

Obama urges tough decisions on Greek debt crisis - Nigerian Social ...
Obama, appearing at a joint news conference with German Chancellor Angela ... Obama and Merkel said they discussed the Greek debt crisis extensively during ... Obama pledged to cooperate withEurope and the IMF on solutions that also ... of Greek debt would create untold problems in theeuro zone but hinted that ...
www.gbooza.com/xn/detail/5506827:Topic:171871?xg...

Obama presses Europe, pledges help for Greek crisis - Yahoo! News
"Other countries in the euro zone are going to have to provide them a backstop and support," ....Europe's debt crisis must be contained! What about ours? ...
news.yahoo.com/s/nm/us_eurozone_usa

Debt crisis: FDP politician advises Greeks to Euro-zone output ...
Tags: advises, crisis, debt, eurozone, Greeks, output, politician ... The Greek government is under pressure from the EU to support the Opposition for ... Related News: Opinion | bailout plan for Athens, Greece Schäuble's plan carries a ...
economicsnewspaper.com/.../debt-crisis-fdp-politician-advises-...

Obama urges tough decisions on Greek debt crisis - Yahoo! Finance
Obama, appearing at a joint news conference with German Chancellor ... Greece's high debt level "means that other countries in the euro zone are going ... Obama and Merkel said they discussed the Greek debt crisis extensively ... Greece agreed a 110 billion euro ($160 billion) rescue with theEU and IMF a year ago. ...
finance.yahoo.com/.../Obama-pledges-US-cooperation-rb-382...

Europe Wrestles With Solutions for Greek Debt Crisis | WOPULAR
Europe Wrestles With Solutions for Greek Debt Crisis - Germany and other strong euro-zonecountries want private-sec... http://ow.ly/1d6ZHV ...
www.wopular.com/europe-wrestles-solutions-greek-debt-crisis-0

China should expand the debt crisis in Europe should be going back ...
Stock market today news,Latest stock quotes,Stock market today news ... Although the euro zone have been trying to avoid Greece, the “Debt Restructuring”, why? ... of the crisis meantEurope's import demand will decline, the euro zone ...
www.stockmarkettoday.cc/china-should-expand-the-debt-crisi...

Eurozone Debt Crisis Sends Gold to New Record | Forex Forensic
Eurozone Debt Crisis Sends Gold to New Record The euro, global equities and bonds ... The euro, global equities and bonds in peripheral eurozone countries are all lower ... GOOD NEWS? Isn't it Time For The. Millions Lose Their Savings ...
forexforensic.com/.../eurozone-debt-crisis-sends-gold-to-new-...

Debt crisis and Libya to dominate Obama, Merkel talks - 104.5 and ...
"Europe and Germany have no better partner than America," Merkel said in English , ... Those issues and the euro zone debt crisis were expected to dominate ...
www.wxerfm.com/.../debt-crisis-and-imf-to-dominate-obama-...

U.S. dollar surges in May as European debt crisis takes center ...
Picture: FOCUS News Agency. U.S. dollar surges in May as European debt ... debt crisis took center stage and hurt investors' faith in the euro, Xinhua informed. ... new uncertainties regarding a resolution of the eurozone debt crisis. ...
www.focus-fen.net/?id=n251203

Stories tagged "Eurozone Debt Crisis" | Financial Post
Latest News Headlines Feed .... Posted in: Economy Tags: EU, eurozone, eurozone debt crisis, IMF, Portugal bailout ... release vital loans next month and avert the risk of the euro zone country defaulting, EU officials said on Monday. ...
business.financialpost.com/tag/eurozone-debt-crisis/

YIC | Obama says Europe's debt crisis must be contained | Business ...
Obama says Europe's debt crisis must be contained ... strains “cannot be allowed to put the global economic recovery at risk,” Obama told a joint news conference . Obama has previously cited theeuro zone crisis as one in a handful of ...
yoursincome.com/obama-says-europes-debt-crisis-must-be-co...

No comments: