 Business Insider We have been closely monitoring the firewall that has appeared to protect Spain from the other Portugal (Ireland and Greece). Recent developments appear to be weakening that firewall and pressure is mounting on Italy now as well. ... See all stories on this topic » | ||
| Portugal adds to Europe woes as banks meet on Greece Reuters He also said it was important to distinguish between the Greek debt issue and similar crises that are roiling Portugal as well as Ireland. Banks in France, Spain and Germany are the biggest holders of Portuguese government bonds, with lenders in each... See all stories on this topic » | ||
| Moody's Cuts Portugal on Possible Greek Follow Bloomberg The yield premium on Spain's 10-year bonds over Germany rose 12 basis points to 259 basis points and the gap for Ireland, the third EU nation to receive a bailout, widened 16 basis points to 870. Italy's spread gained 10 basis points to 208, ... See all stories on this topic » | ||
| EURO GOVT-Portugal yields hit record highs after downgrade Reuters As markets in Greece, Portugal and Ireland are extremely thin, Spain and Italy are used as proxies when problems in the periphery flare up, traders said. The 270 bps level for the spread sparked buying interest, however, cooling some worries. ... See all stories on this topic » | ||
| Spanish minister says high yields unjustified RTE.ie Both Spain and Italy are considered by markets to be potentially at risk owing to their strained public finances and weak growth prospects, although unlike Greece, Irelandand Portugal, they appear for the moment not to need rescue. ... See all stories on this topic » | ||
| Portugal Adds to Europe Woes as Banks Meet on Greece Insurance Journal He said it was important to distinguish between the Greek debt issue and similar crises that are roiling Portugal as well as Ireland. Banks in France, Spain and Germany are the biggest holders of Portuguese government bonds, with lenders in each ... See all stories on this topic » | ||
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| Gold Prices Climb on Portugal Downgrade TheStreet.com "Portugal is a reminder that Greece is just the tip of the iceberg and Portugal,Ireland, Spain, Italy, Belgium, Hungary in Europe and the US itself face similar challenges, of greater and lesser degrees," said a morning newsletter from investment firm ... See all stories on this topic » | ||
| The Windy City Trader International Business Times Now does anyone think we will not be hearing from Greece again? And as mentioned earlier, get in line Portugal, Ireland, Spain and Italy for your bailouts. And it is all complicated as far as trading is concerned in that most commodities follow the ... See all stories on this topic » | ||
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| ICI's Reid Writes Dispelling Misinformation on Money Market Funds Crane Data LLC It says, "The ongoing attention to U.S. prime money market funds' exposure to the debt crisis in Greece has brought three questions to the fore: Are U.S. money market funds invested in the 'periphery countries' -- Greece, Italy, Spain, Portugal, ... See all stories on this topic » | ||
| Moody's Rates Portugal's Bonds As Junk! Daily Reckoning - American Edition Next it will be Italy, and don't forget Ireland… I still believe that Spain will deal with their problems internally and not require any assistance. So… With this “renewed” focus on Portugal, the dollar went on a rampage against the euro, thus ... See all stories on this topic » | ||
| Headed to Europe this summer? It's going to be a riot Baltimore Sun Europe-watchers say that if you're headed to Portugal, Ireland, Greece or Spain -- and, yes, there's an unfortunate acronym for those countries that I won't repeat -- pay special attention to safety. High unemployment and economic weakness make these ... See all stories on this topic » | ||
| Debt Raters Miss Iceland Rebound Bloomberg The announcement sent the yield on Portugal's 10-year government note up 72 basis points today to 11.74 percent. Yields on government debt sold by Italy, Spain andIreland also surged. European Commission President Jose Barroso, a native ofPortugal, ... See all stories on this topic » | ||
| Gold ETFs Rally on Eurozone Debt Fears; Euro Dives ETF Trends CurrencyShares Euro Trust (NYSEArca: FXE) was down nearly 1% at last check on worries credit woes are spreading from Greece and into other weaker countries on the periphery such as Portugal and Ireland. SPDR Gold Shares (NYSEArca: GLD) was up about 1% ... See all stories on this topic » | ||
| Will We Hold It Wednesday? Dollar Strength Does Damage Seeking Alpha That's why we flipped bearish last week - all "fixing" Greece really does is allow us to move on and focus on the next PIIG - so today it's Portugal, tomorrow Ireland and thenItaly and no one even wants to THINK about the UK's $1.4Tn debt load, ... See all stories on this topic » | ||
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| OECD: GDP Continued To Grow In 1Q 2011 Appliance Magazine ... Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany,Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia,Spain, ... See all stories on this topic » | ||
| Portugal adds to Europe woes as banks meet on Greece Reuters India He said it was important to distinguish between the Greek debt issue and similar crises that are roiling Portugal as well as Ireland. Banks in France, Spain and Germany are the biggest holders of Portuguese government bonds, with lenders in each ... See all stories on this topic » | ||
| Could This Disaster Happen Again? Tycoon Report What happens when and if one of the PIIGS -- Italy, Spain, Portugal, Ireland andGreece -- hit the wall? It will make the Lehman default look like a walk in the park. A common misconception is that FDR's "make work" programs that were a centerpiece of... See all stories on this topic » | ||
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| New York Times Will Never Appreciate the Fourth of July Big Government But an examination of the consequences to German and French banks if there is a default by Portugal, Italy, Ireland, Greece or Spain (the PIIGS of Europe); demonstrates the socialist borrowers have achieved “too-big-to-fail” dominance over their German ... See all stories on this topic » | ||
| Sovereign, Corporate Credit-Default Swap Indexes Rise in Europe San Francisco Chronicle Swaps on Portugal soared 67 basis points to 838, the highest level in more than a week, according to CMA. Contracts on Greece climbed 38 basis points to 1962,Ireland jumped 25 to 760 and Spain rose 11 to 288, while Italy increased 11 to 209 and... See all stories on this topic » | ||
| GLOBAL MARKETS-Euro struggles, China banks fall on Temasek selldown Reuters ... shape of another rescue package for Greece. Some economists think Ireland may also need more support and worry Spain and Italy may be next in line for aid. The euro was trading at 1.2128 against the Swiss franc , well below Monday's high of 1.2349. ... See all stories on this topic » |
| Marc to Market: Italy--Still Part of the Periphery By Marc Chandler Italy--Still Part of the Periphery. Many have long suspected that Greece, Ireland andPortugal are ultimately manageable given the relatively small size relative to the euro zone GDP and institutional capacity of the EFSF. Spain was the ... Marc to Market |
| Italy--Still Part of the Periphery By Marc Chandler Many have long suspected that Greece, Ireland and Portugal are ultimately manageable given the relatively small size relative to the euro zone GDP and institutional capacity of the EFSF. Spain was the real challenge. ... Business Insider |
| The markets… they say 'no!'. « The Cedar Lounge Revolution By WorldbyStorm And remember the discussion this week on the CLR and last about the PIGS +I, iePortugal, Ireland, Greece, Spain [+ Italy] where the crisis encompasses up to and over 40 per cent of the eurozone making the discussion of periphery moot? ... The Cedar Lounge Revolution |
| Portuguese 10-Year Government Bond Yield Soars to 13.05%; Italy By noreply@blogger.com (Michael Shedlock) Let's turn our attention away from Greece to the "Not Saved Yet" group of countries including Spain, Portugal, Ireland, and the big Kahuna, Italy. Portugal 10-Year Government Bonds - 13.05% Ireland 10-Year Government Bonds - 12.43% ... Mish's Global Economic Trend Analysis |
| European banks meeting on second Greek bailout (AP) | Stock Market ... By Editor - Stock Markets News Even before a new package is in place, concerns about Greece could cause investors to pull money out of other vulnerable eurozone states, such as already bailed-out Portugaland Ireland as well as much larger Spain and Italy. ... Rocket News |
| EUR/USD July 6 – Losing Support on Contagious Debt Crisis | Forex ... By Yohay Euro dollar is now below support, extending the falls that started with the downgrade ofPortugal. Concerns over Greece, Ireland, and even Italy and Spain continue to weigh on the common currency ahead of the expected rate hike. Forex Crunch |
| The Never-Ending Crisis | Acting Man By Pater Tenebrarum Those economists and fund managers who argued that a second bailout for Greece with private sector involvement would mean something similar for Portugal and most likelyIreland are hitting their target. ... German bunds rose, stocks fell and debt from Italy andSpain tumbled after Moody's cut Portugal's long-term ranking late yesterday to Ba2, two levels below investment grade, citing “the growing risk” that Portugal will require an additional international bailout. ... Acting Man |
| Caution: Fecal matter hitting the fan in Europe By directorblue Mark my words: after Greece and Portugal, Spain, Ireland, and Italy will be next to fall. French banking exposure will be revealed along the way. And Germany -- the financial powerhouse of the Eurozone -- will be left gasping because ... Doug Ross @ Journal |
| The 4th Media » The Federal Reserve Cartel: Part V: The Solution By Kiyul Chung ... of trillionaire money changers – mysteriously immune from their own calls for “broad sacrifice” – utilizes the debt lever to ring concessions from the people of Ireland, Greece,Spain, Portugal, Italy and now the United States. ... The 4th Media |
| RealTime Economic Issues Watch Maintaining solvency in Italy in the face of economic shocks will not require the tremendous additional austerity facing Greece, Ireland, Portugal or Spain. Instead, new policy measures will have to be focused most on increasing Italy's ... Peterson Institute Update |
| Moment of Truth for the Eurozone | VCCircle By Shrija Agrawal The assumptions behind these forecasts are: a cumulative fiscal tightening between 2011 and 2014, inclusive, of 10.8 per cent of GDP in Greece, 8.3 per cent in Portugal, 7.3 per cent in Ireland and 5.7 per cent in Spain; interest cost ... points for Ireland and 818 basis points for Portugal. This is why they are all now in official programmes. Worryingly, spreads for Spain are also now uncomfortably high, at 240 basis points, while those for Italy have reached 190 points. ... VCCircle Feeds |
| Tech Talk for Wednesday July 6th 2011 | Timing The Market By Tech Talk There is Greece, Portugal, Spain, Ireland and Italy that were the irresponsible bad kids with daddy's credit card (Germany/France) Each one will whittle away at the Euro one by one over time. So despite the U.S.$ issues everything in ... Timing The Market |
| Bailout for Greece while Portugal Struggles (Upper-Intermediate ... What do you think of when you hear the names of the following countries: Portugal,Italy, Ireland, Greece, and Spain? When do you plan to retire from work? ... www.englishcurrent.com/bailout-greece-portugal-struggles-up... |
| Lehman bankruptcy was for just over $600 billion – now we find out ... “Ireland is not Greece” · Inflation v. deflation. Weisenthal v. ... amount of gross exposure for the PIIGS (Portugal, Ireland, Italy, Greece and Spain) ... maxkeiser.com/.../lehman-bankruptcy-was-for-just-over-600-... |
| First Greece, Portugal and Spain, next is Italy, Ireland and ... Originally Posted by Trevoire520 Things need to change, wealth needs to be more evenly distributed, and those who have created this global recession. www.ultimatemetal.com/.../693678-first-greece-portugal-spain... |
| Dutch exposure to Greece and the other PIIGS countries: it is time ... Dutch Banks have a total exposure to Greece of €3.7bln. Including the Greek state, ...Ireland €12.5bln; Portugal €4.9bln; Spain €57.6 bln; Italy €33.9 bln ... blogs.minyanville.com/.../dutch-exposure-to-greece-and-the-o... |
| What has the geographical origin of the peripheral euro-zone debt ... Spain, Italy, Belgium, Portugal, Ireland and Greece (Chart 1). ... Spain + Greece +Portugal + Ireland + Belgium +. Italy: Sovereign CDS (5-year, bp) ... cib.natixis.com/flushdoc.aspx?id=59028 |
| There is something rotten in the state of Greece. Also in Ireland ... Portugal 10-year interest rate: Spain 10-year interest rate: Italy 10-year interest ...enough in world terms as Greece, Ireland, Portugal, Spain and Italy , ... thepathtotyranny.wordpress.com/.../there-is-something-rotten-i... |
| The Sword over Greece - The Beginner The prospect of a restructuring is hanging over Greece like a Sword of Damocles. ...namely Portugal, Ireland, Italy, Greece and Spain) that needs to ... www.thebeginner.eu/all-in.../544-the-sword-over-greece- |
| There is something rotten in the state of Greece. Also in Ireland ... Also in Ireland, Portugal, Spain, and Italy. June 27, 2011 No Comments. Europe is patting itself on the back as they supposedly work out a fix for Greece. ... roguepolitics.com/.../there-is-something-rotten-in-the-state-of-... |
| Greece Is Europe: The Failure of the Euro - Seeking Alpha The end result of this faulty system, the PIIGS' (Portugal, Ireland, Italy, Greece, andSpain) deficit spending, will result in the euro's devaluation ... seekingalpha.com/.../276504-greece-is-europe-the-failure-of-t... |
| Greece is briskly unloading assets, as are Spain, Ireland, and ... Overall, Greece, Ireland, Portugal, and Spain hope to get a total of €71.5 ... That Tear Gas for Portugal, Spain, Italy http://bit.ly/lx8ecn about #Greece ... www.toroeconomics.com/.../greece-is-briskly-unloading-assets... |
| Greece Is Europe: The Failure Of The Euro | Sovereign Independent The end result of this faulty system, the PIIGS' (Portugal, Ireland, Italy, Greece, andSpain) deficit spending, will result in the euro's devaluation ... www.sovereignindependent.com/?p=22324 |
| Greece Is Europe: The Failure Of The Euro (Part I) - Truman Factor The end result of this faulty system, the PIIGS' (Portugal, Ireland, Italy, Greece, andSpain) deficit spending, will result in the euro's devaluation ... trumanfactor.com/.../greece-is-europe-the-failure-of-the-euro/ |
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