 CNNMoney But higher rates in Portugal, Ireland, Italy, Spain and Greece are troubling. A euro bond could help push rates lower. NEW YORK (CNNMoney) -- Many key European nations share a common currency, but not a common debt load. That has to change. Now. ... See all stories on this topic » | ||
| Sarkozy and Merkel Call for Closer Euro Coordination Ocala As Mrs. Merkel arrived at the Élysée Palace, she and Mr. Sarkozy faced mounting pressure to forge a joint approach to a widening economic crisis that has already engulfed Ireland, Greece andPortugal and threatens to pull in Spain and Italy as well. ... See all stories on this topic » | ||
| Berlusconi Embraces Tax Hikes to Save Italy The New American Unlike the relatively small economies of Greece, Ireland and Portugal, Italy has one of the largest economies in the world and the fourth largest in Europe. Anything approaching a meltdown in that country would ripple across Europe. ... See all stories on this topic » | ||
| Smallest Yield Curve Gap Between US and Japan in 19 Years Confirming Deflation The Market Oracle The austerity measures in Italy, Greece, Ireland, Spain, and Portugal will turn the recession into a mighty one. Spain and Greece are clearly in recession now, the rest of Europe will soon follow (if it is not in recession already). ... See all stories on this topic » | ||
| Banks' exposure to stressed countries amounts to 24 per cent of their capital Times of Malta It covers Greece, Ireland, Portugal and Spain. Domestic banks are largely exposed to private sector bonds and interbank loans with exposure to sovereign debt amounting to about 11 per cent of exposures in the stressed countries. ... See all stories on this topic » | ||
| A Reason For The August Stock Market Crash, Oct Pending Daily Markets We know folks in Portugal, Ireland and Greece took their funds out of their banks and purchased gold, Swiss franc and Yen. But things just moved to defcon 2, Italy and Spain banks have deposits falling, the money is finding other 'non Euro' safe places ... See all stories on this topic » | ||
| Enough stimulus already Prince Albert Daily Herald The reason why Greece, Ireland, Italy, Portugal and Spain are in such awful financial shape is because the governments of those countries spent far more than they brought in over many years - a decades-long stimulus plan, if you will. ... See all stories on this topic » | ||
| Warning from Europe Town Hall Terrible riots in Britain, Greece and France, along with potential financial collapse in Italy, Ireland,Portugal and Spain, show that even the most lavish entitlements can't buy prosperity or peaceful streets. As Europe tries to balance its books, ... See all stories on this topic » | ||
| Research and Markets: Insulin - Global - Overview of the Actual Situation ... SunHerald.com ... Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Macedonia, Moldova, the Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Ukraine, the United Kingdom, Armenia, ... See all stories on this topic » | ||
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| Eye of the Storm IBTimes Canada Each bailout only multiplies spreading the infection to other nations New worries of a third bailout forGreece, another for Ireland, Portugal, Italy, Spain and now with France only proves the inability to fix the economic problems. ... See all stories on this topic » | ||
| U.K. Debt Plan Can't Cover All Its Sins Wall Street Journal It's also got its own currency, so, unlike the travails of Greece, Portugal, Ireland, Italy or Spain, its woes don't require the endless fearful summitry of a disapproving euro zone, where progress comes in tiny increments if at all. ... See all stories on this topic » | ||
| COLUMN: Benny and 'The Beast' — An economic allegory Destin Log It's not just the economic problems of the PIIGS (Portugal, Ireland, Italy, Greece and Spain). The market tumbled on Wednesday, Aug. 10 over worries that France would suffer a downgrade and lose its AAA debt rating. A bigger issue is this: when will ... See all stories on this topic » | ||
| Six Steps To Financial Doomsday STEP #2: Government Debt Exploding! istockAnalyst.com (press release) Now, with Europe's economy slowing, the tax revenues needed to service all of that debt are disappearing. The economies of Greece and Portugal have been in recession for some time now. Growth in Spain and Italy is virtually non-existent. ... See all stories on this topic » | ||
| Motor Vehicle Engines - Global PR Newswire (press release) ... Germany, Greece, Hungary, Iceland, India, Indonesia, Iran, Ireland, Italy, Japan, Kazakhstan, Kenya, Kyrgyzstan, Lithuania, Macedonia, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, ... See all stories on this topic » | ||
| “Dear Investor, Please Shut Up” Daily Reckoning - Australian Edition About €420 billion of that is already committed to Portugal, Ireland, and Greece. That leaves €300 billion. And that used to be a lot of money. --But it's not nearly enough to cover the refinancing needs of Italy and Spain. Those two counties require ... See all stories on this topic » | ||
| Tuesday Bounce? Merkel-Sarkozy Meet Unlikely To Deliver Forbes German officials have already hinted that a eurobond to save Greece, Portugal, Italy, Ireland and now, Spain, is off the table. “The only results of these meetings will be vague statements that will try to buy some time while northern European nations ... See all stories on this topic » | ||
| Stocks Retreat After Merkel, Sarkozy Disappoint KETV Omaha The long-running debt crises in Greece, Portugal and Ireland accelerated in the second quarter, and investors are also worried that Europe's larger economies -- including Spain and Italy -- may need to be bailed out. "The data confirm that the region's ... See all stories on this topic » | ||
| 10 U.S. - Listed European Dividend Stocks Yielding 6% or Higher Seeking Alpha But its actual exposure to Greece, Ireland, and Portugal, is limited and the company has completed marked-to-market its peripheral bond portfolio. Operationally, increased focus on profitability is paying off, especially at the non-life business. ... See all stories on this topic » | ||
| When governments can't print money: Swaminathan s Anklesaria Aiyar Economic Times That has been disproved in the case of Greece: it can still get euros but not without limit, and only subject to stringent austerity conditions. Portugal and Ireland are in similar straits. And if Spainand Italy get into similar trouble, ... See all stories on this topic » | ||
| Growth Concerns Take Center Stage Daily Markets But with the debt crisis steadily moving from the peripheral nations of Greece, Ireland and Portugalto now Spain, Italy and even France, it's time may finally have come. Growth is the best antidote to the debt problem that has taken hold in the ... See all stories on this topic » | ||
| Bankruptcy practices brace for European defaults Thomson Reuters News & Insight If you have a real default in Europe -- Greece, Italy, Portugal, Spain or Ireland -- that will impact the banks over there. That'll impact the banks here because they all have loans to each other. Reuters: So what will that mean for US businesses? ... See all stories on this topic » | ||
| US debt rating downgrade was overdue Dearborn Press and Guide More and more Americans can see that we are starting to look like Greece, Ireland, Portugal,Spain, Italy and a banana republic. Tea Party people are not kooks and they certainly are not terrorists. We should all be thankful that at least some people ... See all stories on this topic » | ||
| Bailouts - and the protestant ethic Moneyweb.co.za The southerners are Greece, Portugal, Spain, Italy, Ireland (the last geographically mislocated). Some Francophobes would group France in the romance group, but it is joined at the hip to Germany as a bailouter, and thereafter indisputably is a ... See all stories on this topic » | ||
| Google Scares the Bears Away - Now What? Seeking Alpha The pessimists among us might think the two countries will talk about bailing out of the European Union itself, and letting the currencies of the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) sink or swim. That will probably not happen, ... See all stories on this topic » | ||
| Gilead Sciences, Inc. (GILD) Given New $53.00 Price Target by Deutsche Bank ... NewsyStocks.com The Company has sales operations, with marketing subsidiaries in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, ... See all stories on this topic » | ||
| Will SocGen smash the market snowball? Business Spectator It's therefore no surprise to discover that it owns the majority of a Greek bank and has a big exposure to bonds issued by Greece, Portugal, Ireland, Italy and Spain. The New York Times says that in the latest Greek bailout, Société Générale was among ... See all stories on this topic » | ||
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| Foreign exchange regime most credible among alternatives - CBJ chief Jordan Times ... the European Union is still facing difficulties caused by the near-default of Greece and the continuously rising worry about the health of the economies of other troubled European nations such as Ireland, Portugal, Spain and Italy,” he indicated. ... See all stories on this topic » | ||
| June surplus for external trade in Euro area & deficit in EU27 Gozo News ... followed by the Netherlands (+20.2 bn) and Ireland (+16.9 bn). The United Kingdom (-46.7 bn) registered the largest deficit, followed by France (-38.5 bn), Italy (-20.3 bn), Spain (-20.1 bn),Greece (-8.2 bn) and Portugal (-7.6 bn). ... See all stories on this topic » | ||
| Keizai Group – Equity Markets Hit By Broad Selloff Market Press Release (press release) ... has expanded to engulf core members, Italy and Spain. Both countries have seen the cost of borrowing on the international bond markets soar in recent days getting tantalizingly close to the 7% that forced Greece, Ireland and Portugal to capitulate ... See all stories on this topic » | ||
| Britain's Chancellor, The "Moneymen", and The Cuts Huffington Post The figures for youth unemployment (16 to 24-year-olds) currently are: US 20%, UK 20%, Greece36%, Spain 44%, Ireland 29%, Portugal 28%, and Italy 29%. An economic model that consigns large numbers of fit young people to the scrapheap is not fit for ... See all stories on this topic » | ||
| A financial storm gathers: one we can weather On Line opinion The living-beyond-one's-means disease has claimed Greece, Ireland and Portugal, whose economies are now being bailed out by the richer members of the EU, principally Germany and France, who have long been the mainstay of European integration. ... See all stories on this topic » |
| Euro zone economy slows as core states stumble (Reuters) | Stock ... By Editor - Business News The picture was equally grim for the region's high debtors — particularly Greece, Italy, Spain,Portugal and Ireland — where little or no growth means make debt-cutting targets will be even harder to achieve as tax revenues shrink and welfare payments rise. ... That may sound contradictory, but the two are mutually reinforcing,” Lagarde wrote in the Financial Times newspaper ahead of the data. There was little sign of growth anywhere in the bloc from Tuesday's reports. ... Rocket News |
| Global markets at peril again | Set You Free News By Renata Ireland was a bright enough examples showing that when EU governments attempt to save banks that have gone broke then have to face a confidence crisis. Taken cumulatively, the debts of Greece,Ireland, Portugal, Spain and Italy amount ... Set You Free News |
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