Today: EUROZONE Debt Crisis News, Jun 21, 2011

Search

ALS, Alexander Language Schools Franchise


Jul 21, 2011

EUROZONE Debt Crisis News, Jun 21, 2011

European debt crisis: Live
The Guardian
8.20am: It's decision time in the seemingly never-ending European debt crisis.Europe's leaders are convening in Brussels for an emergency summit that might, just might, deliver a credible new rescue plan for Greece. If it doesn't, fears that the EU is ...
See all stories on this topic »


Portugal Debt Crisis | Economic News Videos: The Greatest Wealth ...
Blanchflower Says EU Debt Contagion May Spread to France ... College and Bloomberg Television contributing editor, discusses the euro-zone debt crisis. ... Insight on the credit situations inEurope and the U.S., with Sean Egan, ...
www.cashflowdragon.com/tag/portugal-debt-crisis/
FOREX-Euro struggles; debt crisis buoys Swiss franc – Reuters
FOREX-Euro struggles; debt crisis buoys Swiss franc - Reuters Telegraph.co.uk ... grabbed perceived safe-haven currencies on concerns that the euro zone debt crisis could … ... Forex Market Insight 07/18/2011 – International Business Times AU ... Forex News – Sentiment Built Around Europe's Debt Woes – FXstreet. com ...
www.fapturbo.com.au/forex-euro-struggles-debt-crisis-buoys-...
Ernst & Young cuts UK forecast amid euro crisis
... as worries on the euro-zone debt crisis continue to spread. ... Investor Insight. deVere Login. deVere Mail. deVere Platform. My Portal. deVere Intranet ...
https://www.devere-group.com/.../Ernst-and-Young-cuts-UK-f.
EU leaders must "get a grip" on debt crisis: Osborne
Reuters
Osborne last called for euro zone leaders to take "decisive action" to resolve the crisis on July 12 at a EU meeting, marking a move away from Britain's past position on the sidelines as the debt crisisescalated. In the interview, Osborne called for ...
See all stories on this topic »
Factbox: Coming events in the euro zone debt crisis
Reuters
Debt agency's next auctions are: -- August 9 - Auction of six-month Treasury bills as a previous issue worth 480 million euros matures on August 12. -- August 16 - Auction of three-month T-bills as a previous 2.0 billion euro issue matures on August 19 ...
See all stories on this topic »
Morning Briefing: EU Debt Crisis Summit in Focus
Wall Street Journal (blog)
By Leos Rousek All eyes will be on the emergency summit in Brussels Thursday where it is hopedeuro-zone leaders will agree on a new bailout package for Greece that will resolve the currency bloc's debt crisis. Some fund managers in Central Europe may ...
See all stories on this topic »
Blanchflower Says Euro Bond May `Rescue' Debt Crisis
Washington Post
July 21 (Bloomberg) -- David Blanchflower, a professor at Dartmouth College and Bloomberg Television contributing editor, discusses today's European Union leaders summit in Brussels on theeuro-zone debt crisis. Blanchflower, speaking with Maryam ...
See all stories on this topic »
Bulgaria delaying euro entry talks due to crisis
Reuters
By Sebastian Tong LONDON (Reuters) - Bulgaria is delaying indefinitely talks on adopting the euro until a clearer picture emerges on the debt crisis currently engulfing weaker economies in the currency union, the country's finance minister said on ...
See all stories on this topic »

Reuters
US STOCKS-Futures lower on euro-zone caution, Intel results
Reuters
By Ryan Vlastelica NEW YORK, July 21 (Reuters) - Nasdaq and Dow index futures were lower on Thursday as investors awaited details on a second rescue package for Greece, bringing the euro-zone's debt crisis back into the spotlight. ...
See all stories on this topic »
PRECIOUS METALS: Comex Gold Higher As EU Talks Show Progress
Wall Street Journal
"The euro-zone problems and the debt ceiling crisis in the US will keep a floor under gold prices," said Matt Zeman, head of trading with Kingsview Financial. "But we're vulnerable to a decent-size pullback," adding that a reversal in sentiment could ...
See all stories on this topic »
Eurozone Leaders Meet For Crucial Debt Talks
Sky News
Eurozone leaders are holding talks at an emergency summit to thrash out a solution to the Greek debt crisis that threatens to bring down the euro. To view this content you need Flash and Javascript enabled in your browser. Please download Flash from ...
See all stories on this topic »

Sky News
More dithering by the EU imperils France, Germany
Evening Standard
Events now threaten to overwhelm attempts to contain and solve the European sovereign debt crisis. The EU meets today to "urgently" deal with the situation. The meeting represents an increasingly narrow window of opportunity for the EU to try to regain ...
See all stories on this topic »

Evening Standard
Kenny: Euro leaders must be tough to end debt crisis
Belfast Telegraph
By Ed Carty and Colm Kelpie The Taoiseach, Enda Kenny, has urged European leaders to use an emergency summit in Brussels to take tough decisions to rescue the eurozone from debt crisis. Mr Kenny, under pressure to secure cheaper interest rates for the ...
See all stories on this topic »
Surveys Point to Slowdowns in Euro Zone and China
New York Times
“More recently,” he added, “it's possible that business confidence also took a blow because of the escalating sovereign debt crisis.” He said the PMI's current levels were consistent with a slowdown in euro area growth in the third quarter to flat or ...
See all stories on this topic »
Nikkei seen rangebound before EU summit on debt crisis
Reuters
TOKYO, July 21 (Reuters) - The Nikkei stock average will likely open cautiously higher and stay rangebound on Thursday before an EU leaders' summit on the euro zone debt crisis and as US politicians continue to wrangle over a deal to raise the ...
See all stories on this topic »
Euro crisis summit meeting
Radio New Zealand
Euro zone leaders have begun a crucial emergency summit on the region's debt crisis, amid reportsEurope is willing to let Greece default. The BBC reports the response being considered would involve a bond buyback and a debt swap, but no new tax on ...
See all stories on this topic »
CANADA STOCKS-TSX may open higher on euro zone hopes
Reuters
July 21 (Reuters) - Toronto's main stock index looked set to opener higher on Thursday, after draft EUsummit conclusions eased anxiety about the European debt crisis and offset the impact of weak economic data from China. The euro zone bailout fund, ...
See all stories on this topic »
European stocks drop before eurozone summit
AFP
Eurozone leaders entered a critical summit on Thursday eyeing a deal to reduce Greece's debt mountain, but without excluding a default to save the euro from its worst crisis. A draft agreement was put on the table for the 17 leaders following an 11th...
See all stories on this topic »

AFP
Brazil Stocks Open Higher On Euro-Zone Hopes
Wall Street Journal
In Europe on Thursday, investors were closely developments emerging from the euro-zone summit in Brussels. European leaders are hoping to resolve the Greek debt crisis, which has threatened to spread to other large members of the euro-zone. ...
See all stories on this topic »
TREASURIES-US government debt prices off on euro zone hopes
Reuters
Euro zone leaders were set to give their financial rescue fund sweeping new powers to prevent contagion and help Greece overcome its debt crisis, according to the draft conclusions of an emergency summit on Thursday. For more, see [ID:nL6E7IK2VL] "It's ...
See all stories on this topic »
LIVEBLOG: Eurozone debt crisis
Investment Week
We also reaffirm our determination to reinforce convergence, competitiveness and governance of theEuro area." 15.24: Europe is willing to let Greece default under a crisis response that would involve a bond buyback, a debt swap but no new tax on banks ...
See all stories on this topic »
A euro crisis... but also an opportunity for Britain
Telegraph.co.uk
What Euro-federalists now plan – what, indeed, they have been demanding for years – is a single eurozone bond market. Holders of junk national bonds will be invited to exchange their debt for new EU-backed bonds. The European Central Bank, ...
See all stories on this topic »

Telegraph.co.uk
Asia Mixed, EU Hopes Offset Poor China Data
CNBC.com
But hopes that EU leaders will strike a deal on the Greece debt crisis at the summit later today after France and Germany struck a deal over a bailout of Greece, helped to limit wider losses. The tech sector was also getting whipsawed after weak ...
See all stories on this topic »
Gordhan Says South Africa Facing Contagion Risk From European Debt Crisis
Bloomberg
The rand has dropped 1.3 percent against the dollar this month, while bond yields jumped in June as concern spread that Italy and Spain may be engulfed by the debt crisis. A default in Italy, which has the biggest sovereign debt market in the euro zone ...
See all stories on this topic »
Australia won't catch EU's debt flu: OECD
Sydney Morning Herald
The European and US debt issues have troubled global financial markets for months. Euro-zoneleaders will meet in Brussels overnight, hoping to devise a solution to the year-long debt crisis, while in the US, negotiations continue as the early August ...
See all stories on this topic »
France pushing for 'strong message' on debt crisis at emergency EU summit
Washington Post
European leaders have come under criticism for slow, piecemeal efforts to stem debt crises in several countries that use the euro. French President Nicolas Sarkozy is making a last-minute trip to Berlin on Wednesday in an apparent bid to reach ...
See all stories on this topic »
Euro extends gains against dollar, hits 2-wk high
Reuters
Europe is willing to let Greece default under a crisis response that would involve a bond buyback, adebt swap but no new tax on banks, EU sources said as euro zone leaders began a crucial emergency summit. (Reporting by Julie Haviv; Editing by James ...
See all stories on this topic »
Ireland Expects To Secure Better Bailout Deal
Wall Street Journal
Ireland will benefit if leaders agree on a "sustainable" solution to the euro debt crisis, Noonan said. Unlike other weak euro-zone economies, he said, Ireland has achieved targets set out under its EUR67.5 billion bailout from the European Union and ...
See all stories on this topic »
Euro Bonds May Be the Best Bet to Resolve the European Debt Crisis: View
Bloomberg
By the Editors Thu Jul 21 00:48:11 GMT 2011 Comments The bond markets are sending Europe'sleaders an unmistakable message: The opportunity to contain the euro area's debt crisis is slipping away. If they want to save the union and its currency, ...
See all stories on this topic »
Temporary truce in heart of Athens crisis protest
AFP
ATHENS — Baking in a July heatwave, Athens' Syntagma Square seems a world removed from violent clashes between protesters and police that marked a key chapter in Greece's unfolding debt crisis last month. At the time, besieged parliamentarians ...
See all stories on this topic »

AFP
Nick Clegg opens rift with David Cameron over eurozone crisis
The Guardian
The deputy prime minister insisted that the coalition agreed on the need to alloweurozone countries to co-ordinate fiscal policy. He also rejected the idea that the Greek sovereign debt crisis meant the euro faced the stark choice of total fiscal ...
See all stories on this topic »

The Guardian
NYMEX-Crude up as dollar dips, IEA nixes stock release
Reuters
Crude had turned higher minutes before the jobless claims data, reacting to the euro moving higher after a European Union summit draft showed broad plans for the euro zone debt crisis. Earlier, crude futures fell as weak factory data from China spurred ...
See all stories on this topic »
Euro crisis: A breakthrough or another 'false dawn?'
CTV.ca
"Today's summit could provide the last chance for euro zone policy makers to get a grip on the region's debt crisis," said Jonathan Loynes of Capital Economics. "Anything other than a very decisive response could see the situation become irretrievable ...
See all stories on this topic »
Gold and oil trade higher on euro zone's debt plan
MarketWatch
By Claudia Assis SAN FRANCISCO (MarketWatch) -- Gold and crude-oil futures traded higher on Thursday, buoyed by a agreement in Europe for a plan to deal with the region's sovereign-debt crisis. Crude for September delivery /quotes/zigman/2075827 CL1U ...
See all stories on this topic »
Oil up on IEA decision, US data, Greece optimism
Reuters
The market shook off early losses caused by weak economic data from China and turned positive as euro zone leaders were set to give their financial rescue fund new powers to help Greece overcome its debt crisis, easing concerns that have weighed on oil ...
See all stories on this topic »

Reuters
Euro debt crisis: Could 'Marshall Plan' drag Britain into Greek ...
By Will Heaven
caption id="attachment_100098252" align="alignnone" width="460" caption="George Osborne, the Chancellor (Photo: PA)"][/caption] Andrew Lilico has raised an important point in his must-read blog post on the eurozone debt crisis talks: .. ... Website of the Telegraph Media Group with breakingnews, sport, business, latest UK and world news. Content from the Daily Telegraph and Sunday Telegraph newspapers and video from Telegraph TV. Home · News · Sport · Finance · Comment ...
News
Greece Debt Crisis: Summit Set To Give Rescue Fund Sweeping New Powers
By The Huffington Post News Editors
(Reuters) - Euro zone leaders were set to give their financial rescue fund sweeping new powers to prevent contagion and help Greece overcome its debt crisis, according to the draft conclusions of an emergency summit on Thursday. ... The EFSF would be able to lend to states on a precautionary basis instead of waiting until they are shut out of market funding, and to recapitalize banks via loans to governments, even if they are not under an EU/IMF assistance program. ...
The Huffington Post | Full News Feed
UK Osborne: Eurozone Debt Crisis Risks Severe Recession: FT ...
BEIJING (MNI) - UK Chancellor of the Exchequer George Osborne has said he is very worried that the eurozone sovereign debt crisis could spin out of. ... As part of the solution to the eurozone'ssovereign debt problems. Osborne called for greater economic integration in the euro area, arguing that the citizens of all eurozone countries must stand behind their currency. “Britain's taxpayers stand behind the pound, Europe's taxpayers are going to have to stand behind the ...
ForexLive
The Sovereign Debt Crisis and Currency Sovereignty | Credit Writedowns
By Edward Harrison
We have a big summit in Europe over Greece today and a deadline of sorts on the debt ceiling in the US tomorrow. I am scheduled to appear on BBC World News tomorrow to talk about the sovereigndebt crisis and these issues specifically. ... So I want to present the most important issues in the sovereign debt crisis in the US and Europe here. Framing the issues. The US and the Euro zone face different problems. However, the genesis of the debt crises is the same. ...
Credit Writedowns
NewsDaily: Global slowdown signs strengthen, debt crisis weighs
By Jonathan Cable
"The large fall in the flash euro zone PMI in July provides further signs that the debt crisis may be starting to take a heavy toll on the economic recovery in the region," said Ben May at Capital Economics. The debt crisis, which has ...
NewsDaily: Business Headlines
Germany, France reach deal on euro debt crisis - San Francisco ...
By The Associated Press
An options paper circulated among the eurozone's top financial advisers earlier this week included plans to levy a tax on banks to recoup some of the money the eurozone will have to spend on a second rescue package for Greece. ...
Examiner RSS
Germany and France agree common position on debt crisis | MAARS News
By Valkyries
Photo: sg.news.yahoo.com. A statement by the French president's office said agreement had been reached after seven hours of talks in Berlin. It comes ahead of a crunch meeting of eurozone leaders to resolve the Greek debt crisis and prevent further ... Greece received its first aid package in May last year, but the debt crisis continues to undermine confidence in global financial markets, with some commentators suggesting it threatens the future of the euro itself. ...
MAARS News
Europe's debt crisis: Toward a Greek default | The Economist
Meanwhile, evidence of a euro-zone economic slowdown grows. Given the austerity environment within the euro zone, foreign demand will be crucial in supporting its economy. But as we've seen today, good news on the debt crisis leads to a ...
Free exchange
Eurozone set for Greek deal, bank levy unlikely | The Associated ...
By The Associated Press
... time to repay its bonds to banks and other private investors could potentially threaten Greece's banking system and spark renewed concerns that much bigger economies such as Spain and Italy will get dragged into Europe's debt crisis mire. ... An options paper circulated among the eurozone'stop financial advisers earlier this week included plans to levy a tax on banks to recoup some of the money the eurozone will have to spend on a second rescue package for Greece. ...
Examiner RSS
Germany, France break euro bailout deadlock - Germany's news in ...
Officials refused to provide any details but the Franco-German agreement will lay the groundwork for negotiations between the eurozone's 17 leaders after weeks of debate over how to put a lid on the year-long debt crisis. ...
The Local - Germany's news in English
Euro no more — RT
By RT
EU leaders have gathered in Brussels for an emergency summit on how to come up with the cash promised for a second bailout to Greece. While leaders squabble, failing to agree on how to resolve the crisis, the euro's future hangs ... Drastic spending cuts are on the way in Italy as parliament desperately tries to fend off a spiraling debt crisis. It seems the fairytale dream of a unified euro has met with harsh reality, and the collision may not be pretty. Eurozone crisis ...
News RSS : Today
Germany and France agree common position on debt crisis | Pattaya ...
By jane
German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis. ... It comes ahead of a crunch meeting of eurozone leaders to resolve the Greek debt crisis and prevent further contagion to other eurozone economies. Details of the deal have not yet been released. Jean-Claude Trichet, the European Central Bank (ECB) president, was also brought into the discussions, according to a spokesman for Mrs Merkel. ...
Pattaya Daily News - Pattaya...
Germany, France Reach Deal on Euro Debt Crisis | Rise of the Right
By admin
Under World News Tags: World News. Germany and France have overcome differences over how to combat the continent's spreading debt crises and agreed on a common position ahead of an emergency European summit Thursday, ...
Rise of the Right
Euro leaders meet to discuss Greek bailout - MWC News
By mwcnews@gmail.com (Agencies)
The summit comes hours after Germany and France, the eurozone's two largest economies, reached a common position on a second bailout for Greece aimed at preventing the country's debt crisis from spreading to other European countries. ...
MWC News
Faisal Islam on Economics - Why a eurobond would solve the debt crisis
By Faisal Islam
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam - and would lead to "the phase fiscalisation of Europe". ... Channel4 News Blogs Faisal Islam on Economics ...
Faisal Islam on Economics
Europe eyes sweeping new powers for rescue fund | The Raw Story
By Stephen C. Webster
BRUSSELS (Reuters) - Euro zone leaders were set to give their financial rescue fund sweeping new powers to prevent contagion and help Greece overcome its debt crisis, according to the draft conclusions of an emergency summit on Thursday. ... The euro and European stocks, which had fallen on talk of a selective default, rallied sharply on news of the draft conclusions. The Stoxx European banking index was up 4.5 percent and the insurance index 3.4 percent. ...
The Raw Story
EU Bailout Fund to Extend Loans to Ease Debt Crisis: Draft
By CNBC News
The euro zone bailout fund, the ESFS, will provide low-interest-rate, longer maturity loans to Greece, Ireland and Portugal, according to draft summit. ... Thread: EU Bailout Fund to Extend Loans to EaseDebt Crisis: Draft ... Rate This Thread. Current Rating; Excellent; Good; Average; Bad; Terrible. Today 08:00 AM #1 · CNBC News. CNBC News is offline Moderator CNBC News is an unknown quantity at this time. Join Date: Jul 2008; Posts: 705 ...
DailyFX Forex Forum | FX Forum
Video - Eurozone Debt Crisis: Brussels Summit Must Find ... - Sky News
Eurozone leaders will later meet for an emergency summit to thrash out a solution to the Greekdebt crisis that threatens to bring down the euro.
news.sky.com/skynews/Article/201107116034339
EU warns of economic damage if Greece summit fails
Reuters
However, Paris also signaled apparent frustration at Berlin's continued opposition to common euro zone bonds, a step which European Socialist leaders and many economists argue would provide a long-term solution to the debt crisis. ...
See all stories on this topic »

Reuters
Avoiding the Next Eurozone Crisis
CNN (blog)
The Greek debt crisis has shaken the euro just in time for its 10th birthday. This latest challenge should have come as no surprise; it would have been a miracle had the currency been immune to such problems. If anything, the past few years have shown ...
See all stories on this topic »
EU leaders consider new bank tax to solve debt crisis
MyFinances.co.uk
Thursday sees a crunch summit of eurozone leaders as they try to find a solution to the debt crisisand put together a rescue package for Greece. German Chancellor, Angela Merkel has tried to lower expectations by suggesting that the summit in Brussels ...
See all stories on this topic »
Kenny seeks action on eurozone debt
Drogheda Independent
Taoiseach Enda Kenny has urged European leaders to use an emergency summit in Brussels on Thursday to take tough decisions to rescue the eurozone from debt crisis. Mr Kenny, under pressure to secure cheaper interest rates for Ireland's 85 billion euro ...
See all stories on this topic »
How to Contain the European Debt Crisis: Giavazzi and Kashyap
Bloomberg
The European financial system is bank-centered: A run would cripple credit flows, plunging the euro zone into recession and creating a global financial crisis. Third, a program that guarantees the debtof all the countries now at risk (Greece, Ireland, ...
See all stories on this topic »
European shares extend gains on debt deal hopes
Reuters
They expect the summit to focus on a second Greek bailout rather than "creating a broad-based solution to the Eurozone debt crisis". They added the crisis had "moved well beyond the point where a quick fix to Greece's financing needs will be sufficient ...
See all stories on this topic »
Scenarios: Possible impact of a Greek ratings default
Reuters
Euro zone officials will meet on Thursday for more talks on a second Greek bailout, after the euro zone debt crisis spread last week to heavily indebted Italy, the region's third-largest economy. Policymakers are examining three broad options for ...
See all stories on this topic »
Gilt futures hit session low on euro zone debt hopes
Reuters
LONDON, July 20 (Reuters) - British gilt futures extended losses with Bunds to hit a session low on Wednesday, after comments from EU officials sparked hopes that policymakers may strike a deal on how to resolve the euro zone debt crisis and talk that ...
See all stories on this topic »
A eurozone bond could be the answer to Europe's debt crisis
U.TV
To paraphrase Thomas Palley, the euro's neoliberal architecture has traded currency stability for financial instability. Bond traders have become the masters of Europe. The sovereign debt crisis has been brewing for some time, fuelled in part by the ...
See all stories on this topic »
Role of the private sector in euro debt crisis
euronews
As European Commissioner for Internal Market, Michel Barnier, is at the forefront of the fight against the economic and financial crisis in the eurozone. He believes that thecrisis that has hit Europe came from US banks, that is why Mr Barnier ...
See all stories on this topic »

euronews
GLOBAL MARKETS-US, EU debt hopes lift stocks, euro
Reuters UK
The euro climbed around 0.6 percent against the dollar on increased belief that a solution to the Greek debt crisis might be on the table. The EU is said to be considering enabling the euro zonebailout fund to recapitalise the banks and let its ...
See all stories on this topic »
Gold inches up on light buying; Europe debt fears persist
Reuters
By Rujun Shen SINGAPORE (Reuters) - Gold edged higher on Wednesday, as light buying in Asia trickled in after prices pulled back from a record high and persistent concerns on euro zone's debt crisis supported sentiment. Gold retreated from a record ...
See all stories on this topic »

Reuters
Euro Advances on Debt Agreement Optimism; Swiss Franc Declines
San Francisco Chronicle
European Union leaders are preparing for a summit this week to hammer out a solution to the Greek debt crisis, which pushed the euro to $1.3837 last week, the lowest since March. Negotiations over a second bailout package for Greece should be "positive ...
See all stories on this topic »
MONEY MARKETS-Becalmed on optimism over EU debt solution
Reuters
Lower-rated euro zone government bonds won some respite from the recent sell-off after French ministers said EU policymakers were likely to reach an accord at a summit on Thursday to ease Greece's debt crisis and avert a default. The ructions in debt ...
See all stories on this topic »
Currency Markets Driven By Euro Zone Turmoil, US Debt Ceiling Debate
TheStreet.com
By DailyFX 07/19/11 - 07:44 AM EDT By Ilya Spivak, Currency Strategist The centrality of the Euro Zone debt crisis for overall market sentiment continues to assure a firm link between EURUSD and the MSCI World Stock Index, a proxy for broad-based ...
See all stories on this topic »
Fund managers flee Europe over debt fears
MarketWatch
The European sovereign-debt crisis is by far the biggest worry for fund managers, with nearly two-thirds citing it as the top global risk to recovery, according to the survey by Bank of America Merrill Lynch. With risk rather than interest rates ...
See all stories on this topic »
Euope and America: Gold and the Public Debt Crisis
Center for Research on Globalization
As we said previously the financial contagion will not only take down the euro andeuro zone, but probably the EU as well. As a result of onerous debt Greek bonds have lost 50% to 75% of their value and the bonds of the other five insolvent countries...
See all stories on this topic »

Center for Research on Globalization
EFSF Should Be Free To Buy Bonds, Support Banks - CEPR
Fox Business
On the eve of an emergency summit to tackle the euro-zone debt crisis, the Brussels-based Center for Economic Policy Research said failure to agree radical measures Thursday "could mark the end of the euro zone as we know it. ...
See all stories on this topic »
GREECE - Factors to Watch on July 20
Reuters
German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency euro zone summit on Thursday. [ID:nL6E7IJ0PP] Europe needs lower interest rates and longer ...
See all stories on this topic »
EU reveals Plan D for Greek debt
FX-MM
Researchers in Brussels have come up with a new strategy to solve the European debt crisis. They have discovered that one of the provisions of the Consumer Credit Act 1974 is that credit card companies are “jointly and severally liable” for any breach ...
See all stories on this topic »
Ratings agencies running the show in Ireland and Europe
The Guardian (blog)
Still, the credit ratings agencies are not to be blamed for the debt crises in the euroarea or the US. Having completely dropped the ball and failed to predict the global financial crisis that kicked off in 2008, the main three credit ratings agencies ...
See all stories on this topic »

The Guardian (blog)
Rupee steady euro zone summit awaited
Moneycontrol.com
The rupee treaded water on Wednesday as traders lowered their expectations for a quick resolution at a summit of euro zone leaders on Thursday to tackle Europe's sovereign debt crisis. Gains in Asian currencies helped to hold the market up, ...
See all stories on this topic »
[Viewpoint] The Talmud and Greek debt
JoongAng Daily
Indeed, failure to do so appears to explain why the official response to the Greek debt crisis has been so inadequate. In these circumstances, the Talmud, the ancient repository of Jewish legal commentary - and one of the oldest sources of human ...
See all stories on this topic »
Stocks Tumble Over Debt Anxiety
ThirdAge
US stocks fell Monday in late afternoon trading over investor jitters about eurozone debt crisis and the US debt ceiling. The Dow Jones industrial average recovered from intraday losses of more than 150 points to close down 94.57, or 0.76 percent, ...
See all stories on this topic »

ThirdAge
Dollar soft as risk appetite revives; euro gains
MarketWatch
Still, a warning from the International Monetary Fund urging euro-zone leaders to increase the size of the region's rescue mechanism to resolve the region's debt crisis weighed down on the currency. Read about IMF's warning to Europe Meanwhile, ...
See all stories on this topic »
Embattled eurozone needs rapid, clear decisions: Poland
MSN Philippines News
Poland is not among the 17 European Union members that use the euro but currently holds the rotating presidency of the 27-member EU. It has been vocal over the Greek debt crisis and theeuro's woes because most of its trade partners are within the zone ...
See all stories on this topic »
Tech, US debt progress lifts stocks; euro dips
Portfolio.com
However, dampened expectations of a comprehensive solution to Greece's debt crisisat a euro zone leaders' summit on Thursday ate into the euro's gains. Financial bookmakers expect Europe's main stock indexes to rise on Wednesday, adding to the...
See all stories on this topic »

Portfolio.com
Obama speaks to Merkel about euro zone crisis
Reuters
WASHINGTON, July 19 (Reuters) - US President Barack Obama spoke to German Chancellor Angela Merkel on Tuesday about the euro zone debt crisis and agreed that an effective solution was critical for the world economy, the White House said. ...
See all stories on this topic »
German confidence down
Sydney Morning Herald
Italy is a founding member of both the European Union and the eurozone so a debt crisis in the currency bloc's third biggest economy would strike at the heart of the euro. Adding to the downbeat mood has been worries about the world economic outlook as ...
See all stories on this topic »
Forex - EUR/JPY steady ahead of euro zone debt summit
Forex Pros
Forexpros – The euro was steady against the yen on Wednesday, amid hopes that euro zonepolicymakers would reach an agreement on how to address the region's debt crisis, but gains were tempered by fears that contagion risks would persist. ...
See all stories on this topic »
It's Eurozone Showtime, Top Leaders Meet to Discuss Debt Crisis
Forex Factory
There are only two fundamental ways to go...either do a completely one fiscal unit, one central bank, one common debt and one common economic policy for the whole EU. As long as people speak different languages, have their own culture, and have loyalty ...
See all stories on this topic »
Copper dips, dollar and supply concerns limit fall
Creamer Media's Mining Weekly
LONDON - Copper closed lower on Wednesday on lingering investor concerns over the euro zone debt crisis and poor spot demand from top consumer China, but a softer dollar, tight supplies and good demand prospects kept the metal within sight of a record ...
See all stories on this topic »
The Daily Bell - IMF: EU Crisis Is a Global Disaster
The warning appeared to be borne out as Angela Merkel, the German Chancellor, on Tuesday said markets should not expect Thursday's summit to offer a silver bullet solution to the eurozone's debt crisis. "There are other necessary steps ...
The Daily Bell RSS News Feed
It's Eurozone Showtime, Top Leaders Meet to Discuss Debt Crisis
By Barbara Zigah
Otherwise, the next few weeks could go down in the history books as the biggest crisis of theEurozone's 12-year existence. The summit participants will discuss which options are available to them. Also likely to be discussed, ...
eToro Blog
Red Line: Eurozone crisis, terrorism in India and Ahmed Wali ...
Ekaterina Kudashkina: The past seven days have been marked by a whole range of exceptionally worrying news and events. The eurozone is facing mounting concerns over the euro-debt crisis. In the first part of our program we'll be looking ...
Russia & India Report
Euro dips before EU summit, buy backs support yen | MAARS News
By Valkyries
SINGAPORE (Reuters) – The euro eased against the dollar on Wednesday, dogged by lingering doubts over whether a euro zone summit this week will quell investors fears of contagion risks from Greece's sovereign debt crisis. ...
MAARS News
ekathimerini.com | PM sees make-or-break time in crisis
Greek Prime Minister George Papandreou says Europeís leaders need to show on Thursday that they can resolve the European Union debt crisis to avoid a contagion enveloping Italy and Spain. ìIt could be a make-or-break moment for where ...
ekathimerini.com : Latest News
Analysts: Little Lasting Upside For Euro From EU Debt Summit ...
gain lasting support from the solutions proposed for the Eurozone debt crisis, analysts argue. “If they deliver broadly what's expected, I think you'll get a little bit of a relief rally, a knee-jerk positive reaction to the news, ...
ForexLive
Merkel meets Sarkozy ahead of Euro summit - The Local
While senior eurozone finance officials met in Brussels to craft a second Greek bailout for Thursday's summit, Merkel warned against more far-reaching proposals that have been invoked to master theeuro's year-long crisis. "If you want to act responsibly, ... The German leader voiced concerns about ideas such as restructuring Greece's debt, creating joint euro-area bonds or forming a transfer union – a step towards a federal Europe. Merkel also said governments needed to ...
The Local - Germany's news in English
IMF urges euro action as Merkel tempers summit expectations | The ...
By Agence France-Presse
German Chancellor Angel Merkel talked down the chances Tuesday that a eurozone summit will deliver the silver bullet to resolve the debt crisis as the IMF pressed leaders to take urgent action. While senior eurozone finance officials met in Brussels to craft a second Greek bailout for Thursday's summit, Merkel warned against more far-reaching proposals that have been invoked to master theeuro's year-long crisis. "If you want to act responsibly, you know that such a ...
The Raw Story
America News - Obama calls German chancellor over eurozone crisis
By XinhuaNET.COM
U.S. President Barack Obama on Tuesday called German Chancellor Angela Merkel as the European countries are to meet over the deepening eurozone debt crisis. A White House statement said on Tuesday that the two leaders discussed the debt ...
Thailand News Online
UK banks dragged into eurozone crisis as global markets take ...
By admin
Officials from eurozone countries were on Monday trying to resolve the row between Angela Merkel and the European Central Bank (ECB) over a possible Greek debt default after a day of turbulence that saw bank shares tumble in late trading. ... The euro dropped to its lowest level in two years against the Swiss franc, still regarded – along with gold – as a safe haven during times of crisis. Geithner said that while EU leaders were taking steps to contain the crisis – such ...
The Long Good Read
France, Germany in last-ditch crisis talks | The Associated Press ...
By The Associated Press
The eurozone's economic powers are struggling to agree on a new debt crisis plan to present at an emergency EU summit, with Germany downplaying calls from France and Brussels for a big announcement that could boost market confidence and ...
Examiner AP RSS
Stocks rally on upbeat U.S. earnings, U.S. debt hopes | The ...
By PAN PYLAS
Despite ongoing concerns over Europe's debts and its handling of the crisis, the euro is faring fairly well. By late morning, it was trading 0.6 percent higher at $1.4236. "The consensus opinion still remains that the deterioration in ...
Business | Journal Gazette
Eurozone leaders under pressure to strike debt deal < French news ...
Nervous markets are awaiting the outcome of the summit with bated breath after several rocky days for the euro and stock markets with debt crisis contagion threatening to engulf Italy and Spain. "Theeurozone debt crisis has moved into ...
Expatica - French Local Headlines
IMF tells Europe to take action now | News Hours BD English
By admin
July 20 (BSS/AFP) – The International Monetary Fund yesterday called on Europe to take action “urgently” to prevent a eurozone meltdown, two days before the region's divided leaders hold a summit on Greece's debt crisis. The global crisis lender said Europe's ... situation of the 17- countryeuro area. “We should not delay any longer clarifying some of the uncertainties that are hanging over the solutions of the sovereign crisis in the periphery,” said Luc Everaert of the ...
News Hours BD English
BoE vote outcome as expected | Currency News
By Toby
Fallout from the Euro zone debt crisis and weak U.K data has put pressure on Sterling against the Dollar, whilst traders wait for tomorrow's E.U summit for indications of any swift resolution there. Although unlikely, Euro traders are ...
Currency News
News That Matters | zero hedge
By thetrader
German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency euro zone summit on Thursday. “Further steps will be necessary and not just one ...
zero hedge - on a long enough...
Protesilaos Stavrou on current issues » Blog Archive » EU summit ...
By Protesilaos Stavrou
The heads of states and governments of the euro zone will be meeting on Thursday, July 20 to decide on a plan to deal with the spiraling, systemic crisis of the EU and the euro. From the news that have been made public ... The crisis is in fact three crises in one. It is the sovereign debt crisis, the banking sector crisis that includes quasi-bankrupt, “zombie” banks with serious liquidity problems; and it also is an under-investment crisis. Failing to realize that means ...
Protesilaos Stavrou on current issues
Eurozone faces crunch week in debt crisis - Yahoo! News
Eurozone countries must settle their debt crisis at an emergency summit this week ... theeurozone's third-biggest economy, and Spain, the fourth-biggest. ...
news.yahoo.com/eurozone-faces-crunch-week-debt-crisis-101...
Close-up Europe focuses on Greece
euronews
Welcome to Close-up Europe. Like many things in history, the euro debt crisisoriginated in Greece. Today the country is bust and dependent on external life-support. Everybody is aware of that. Discussions about a rescue have been going on for more ...
See all stories on this topic »

euronews
Europe's debt crisis threatens massive Italy - Silobreaker
NEWS SEARCH ANALYSIS INSIGHT. 360° SearchNetworkHot SpotsTrends ... LONDON –Europe's escalating debt crisis is on the verge of engulfing by ... The biggest single danger in theeuro zone crisis now is that events are ... News Hub: Is Italy Next in Euro Debt Crisis? [Published Jul 11 2011 by WSJ.com Video - News] ...
premium.silobreaker.com/europes-debt-crisis-threatens-massiv...

Alexander Language Schools

Aesop' Fables, Kindle, Online, Digital, Electronic   Alexander Dictionary of English Idioms, English-French  Under the Sun by Harry ElektronAlexander Dictionary of English Idioms, English-Swedish   Alexander dictionary English Vietnamese, Kindle, Electronic, Digital Online
Enhanced by Zemanta

No comments: