 Reuters Although the measures may take a while to implement, and Europe could only move ahead one step at a time, "the direction in which we have to go is not disputed," Schaeuble said. Europe's strategy to fight its sovereign debt crisis with one austerity ... See all stories on this topic » | ||
| European officials to be pressed on action to ease fiscal crisis Irish Times THE EUROPEAN Parliament will press top officials next week for firmer action to tackle the region'sdebt crisis, with common bonds and a stronger euro zone rescue fund likely to anchor the debate. European Central Bank president Jean-Claude Trichet ... See all stories on this topic » | ||
| A monetary route worth taking? Independent.co.ug The crisis, which began in October 2009, spread to Italy, Spain, Portugal, Belgium and Ireland when it emerged that Greece had deceived the euro zone about its budget deficit and real debt volume. Subsequently, Greek's budget deficit figures were ... See all stories on this topic » | ||
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| IMF's Lagarde Says Global Economy in 'Dangerous New Phase' Wall Street Journal ... on their euro-zone peers to improve fiscal discipline in the bloc with a proposal to cut off the region's wayward spenders from key European Union transfer funds. The proposals followed a tumultuous few weeks during which the debt crisis spread, ... See all stories on this topic » | ||
| ANALYSIS: Capitalism in crisis —SP Seth Pakistan Daily Times According to her, “I neither think that Europe is at the point of needing its last resort (the eurobonds), nor do I think that we can solve these problems with what I have called a bang.” The economic crisis in the US and Europe is quite depressing ... See all stories on this topic » | ||
| Austrians become more sceptical about euro - poll Reuters ... for Austria's opposition far-right party which is against euro zone bailouts and criticises pro-Europe politics. European leaders have been struggling to convince markets and voters that they can get a grip on the bloc's deepening debt crisis. ... See all stories on this topic » | ||
| BofA $8.5 billion settlement may go to federal court Interactive Investor By Ian Simpson MILAN (Reuters) - Italy's Banca Monte dei Paschi di Siena and Banco Popolare have wrapped up their institutional funding for the year as they move to insulate themselves from theeuro zone debt crisis. Italian banks have been the focus ... See all stories on this topic » | ||
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| Daily Stock Alert Barron's Von Strachwitz does fear, however, that if the European debt crisis isn't resolved quickly and well, the euro zone could plunge into a recession deeper than its slump during the 2008-09 financialcrisis. That, of course, would lead the strategy to ... See all stories on this topic » | ||
| Why is Greece so important? Daily News & Analysis Tiny Greece can make a difference in places far removed from Europe, just like subprime debtcreated a crisis all over the world.” The authors feel that even bailouts won't work. “Today, there is some kind of bailout for Greece. ... See all stories on this topic » | ||
| Will SBI Gold Fund shine your portfolio? Equitymaster.com Moreover we believe while the debt ceiling limit is increased, the long-term risk of sovereign defaultcrisis by the US still remains because this decision of increasing debt ceiling limit is purely a case of postponing a sovereign default to happen. ... See all stories on this topic » | ||
| World stocks shrug off Bernanke speech; dollar falls vs euro Gulf Times The eurozone debt crisis also contributed to the safety bid, and traders said the euro would struggle to hold above $1.45. Sell orders were said to be layered between $1.4460 and $1.4500. Worries about both the US and Europe were reflected in gains for ... See all stories on this topic » | ||
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| Cyprus Lawmakers Approve Austerity Package Voice of America (blog) ... countries in the 17-member euro zone have received an international bailout. The European Union and International Monetary Fund have granted bailout packages to Greece, Ireland and Portugal since the euro zone's sovereign debt crisis erupted last year. See all stories on this topic » | ||
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| Fed Minutes, Nonfarm Payrolls on the Horizon DailyFX The worsening debt crisis in Europe is likely to have an increasing effect on consumer confidence, in a 'trickle-down' sort of way; as equity markets continue to head lower on contagion concerns, sentiment will deteriorate, despite the fact that the ... See all stories on this topic » | ||
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| 8 Trillion Euros in Borrow-Short Lend-Long Madness at European Banks; Circuit ... HoweStreet.com Deposits are flooding into the biggest US banks as customers seek shelter from Europe's debt crisis and falling stock prices. That forces lenders to raise capital for a growing balance sheet and saddles them with the higher deposit insurance payments. ... See all stories on this topic » | ||
| Rising Star Buy: More Icon Motley Fool A sputtering US economy and Eurozone meltdown would affect Icon's near-term fortunes, but a little context is appropriate. Consider: Even after the credit crisis roiled markets and global R&D expenditures contracted, Icon's revenue grew 4% from 2008 to ... See all stories on this topic » | ||
| Hopes wane, fears reign Commodities Now Online As Europe has struggled without much success to resolve the debt crisis confronting the euro zone periphery before it infects the continent's financial system, the fear of contagion has morphed into a general crisis of confidence about policy on both ... See all stories on this topic » | ||
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| Merkel plans week of eurozone talks Saudi Gazette Berlin – German Chancellor Angela Merkel will hold talks next week with the French foreign minister and Portugal's prime minister on the eurozone debt crisis, a spokesman said Friday. The meetings in Berlin with France's Alain Juppe Monday and Thursday ... See all stories on this topic » | ||
| High Swiss franc punches holes in cheese exports gulfnews.com On top of that, the Swiss economy has been doing better than many nations in Europe, where thedebt crisis has shaken the financial sector and forced governments to cut spending. As a result, the Swiss franc rallied from buying 76 euro cents in April ... See all stories on this topic » | ||
| Spain to set deficit limit as growth slows Peninsula On-line The deal follows calls by Germany and France for Spain and other states at the sharp end of theeuro zone debt crisis to set binding limits on their deficits to regain the trust of investors. Spanish debt prices were little changed after the ... See all stories on this topic » | ||
| A new phase of the great recession Socialist Alternative One financial analyst described the situation as “an imperfect storm of downgrades, rumours, lacklustre macroeconomic data and the ongoing eurozone debt crisis [which] transformed a retreat by investors into something approaching a stampede”. ... See all stories on this topic » |
| Pressure eases off euro zone debt fears - Business - Mail ... THE SMART NEWS SOURCE | Aug 27 2011 20:44 | LAST UPDATED Aug 27 2011 20:44. ADVERTISE WITH US | CONTACT US | STORY ... eases off euro zone debt fears. ROBIN EMMOTTEUROPE - Aug 27 2011 14:05 ... steps to address its debt crisis. As euro zone officials struggle to finalise details of an agreement struck by their leaders at a July 21 summit -- a deal which was intended to draw a line under the crisis -- many investors are already demanding more radical solutions. ... Mail & Guardian News Feed |
| Citi raises gold price outlook | China business news By CBN Fears of another U.S. recession after the S&P downgrade of the country's sovereign debt and theeuro zone's debt crisis had increased investor appetite for gold, Citigroup said, prompting the brokerage to raise its outlook on near-term gold ... “ Increased global risk, U.S. dollar weakness, growing inflationary fears, the U.S. debt downgrade and continuing sovereign debt risks in Europehave increased investor appetite for gold, triggering recent price strength,” Citigroup said in a note. ... China business news |
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