Let Greece, Ireland, Portugal Default, Pimco's Kashkari Says San Francisco Chronicle 17 (Bloomberg) -- European politicians should let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won't, according to Pacific Investment Management Co.'s Neel Kashkari. "They are delaying and denying as long as ... See all stories on this topic » | ||
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My Country, Right Or Wrong, My Country! Forbes Who knows when Old Glory emerges from its misty malaise, but I am sure we ain't Italy or Spain, and certainly not Greece, Portugal or Ireland. Not even England or France which hardly ever show much GDP momentum. Our work force, although not fully ... See all stories on this topic » | ||
How Austerity Is Ushering in a Global Recession Wall Street Pit We all know about the weaknesses in Europe's “periphery” – Greece, Ireland, Spain, Portugal, and Italy. But the drop in Europe's core is dizzying. Germany grew at an annualized rate of just half a percent last quarter, down from 5.5 percent in the ... See all stories on this topic » | ||
Flaherty helps steer efforts to calm economic jitters Montreal Gazette In Italy, it's 175 per cent, according to European Union figures. German and French banks are holding a lot of debt from Greece, Ireland, Portugal, Spain and Italy, which is the main reason European and North American markets were so jumpy last week. ... See all stories on this topic » | ||
Jamie Dimon: What Really Drives the Business GuruFocus.com The bank's exposure to Portugal, Italy, Ireland, Greece and Spain was about $15 billion, and if there is an extreme outcome, the bank might lose $3 billion after tax. Jamie doesn't believe that is going to happen. But the bank will stay in those ... See all stories on this topic » | ||
Treasuries shrug off PPI, edge lower CNN In response to mounting debt and sluggish economic growth, experts have called for new bonds denominated in euros -- a move aimed at pushing rates lower in Portugal, Ireland, Italy, Spain andGreece. But analysts and investors aren't waiting around for ... See all stories on this topic » | ||
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31 countries have participated in a UNESCO exercise aimed at testing the ... Balkans.com Business News Others are planned for Greece, Italy and Portugal at a later date, reports IrishWeatherOnline.com. The 31 Member States of the ICG/NEAMTWS are: Belgium, Bulgaria, Cape Verde, Croatia, Cyprus, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, ... See all stories on this topic » | ||
St. John family ready for yearlong trip through Europe Jackson Clarion Ledger A: In order: Greece, Turkey, Albania, Montenegro, Croatia, Hungary, Czech Republic, Austria, San Marino, Italy, Vatican City, Monaco, Spain, Morocco, Portugal, France, Luxembourg, Liechtenstein, Switzerland, Germany, Austria, Poland, The Netherlands, ... See all stories on this topic » | ||
World economy: Capitalists unable to stop the turmoil Socialist Party Italy and Spain's governments alone need to find an extra €840 billion over the coming 18 months - more than the total of bailouts already found for Greece, Ireland and Portugal. The ECB measure will ease the situation in relation to the debts of Italy ... See all stories on this topic » | ||
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Europe's Utilities No 'Safe Haven' as States Search for Cash Bloomberg Faced with the cost of bailing out Portugal, Ireland and Greece, as well as their own budget deficits, European leaders are scrambling for funds. Utilities, many of which are partially state owned, are an attractive source of tax revenue, according to ... See all stories on this topic » | ||
Stop Cairnsian spending and keep surplus promise The Australian Since the turn of the century, the main international borrower, or current account deficit, countries in the OECD region have been Australia, New Zealand, the US, Iceland, Greece, Italy, Portugal,Spain, Ireland and Britain. All of these economies, ... See all stories on this topic » | ||
Big Banks Shedding Assets; Will Small Banks Keep Originating... Mortgage News Daily ... and the fear that sovereign debt would spread has done just that: French, German, and Spanish banks are now viewed as vulnerable since they hold a good amount of poor European debt fromGreece, Italy, Spain, Portugal, and Ireland. ... See all stories on this topic » | ||
METALS-LME copper up on steady China demand, Asian equities Reuters Africa The picture was equally grim for the region's high debtors -- particularly Greece, Italy, Spain,Portugal and Ireland -- where little or no growth means debt-cutting targets will be even harder to achieve as tax revenues shrink and welfare payments ... See all stories on this topic » | ||
The Futures of Civilization AINA (press release) For if European civilization was paralyzed by social liberation and got its death blow from bowing out of Christendom, then what explains that societies retaining a thick Christian residue — Portugal,Italy, Ireland, Greece, and Spain spring to mind ... See all stories on this topic » | ||
The Matheo Solution by Marcel Van Silfhout Oman Tribune The economies of these countries - the so called 'PIGS-group' which contained Portugal, Ireland,Greece and Spain (some say, Italy too) - simply didn't match the other European nations. The euro, they warned, was an impossible 'One-Size-Fits-All' ... See all stories on this topic » | ||
Baku 2012: 42 countries reportedly confirm; the Czech Republic to return? Escdaily ... Germany, Greece, Hungary, Ireland, Israel, Italy, Latvia, Lithuania, Malta, Moldova, the Netherlands, Norway, Poland, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine and the United Kingdom. ... See all stories on this topic » | ||
Polling places to include Scotland, but Chile and Venezuela dropped Latvians Online Greece at the Embassy of Latvia, 38 Vas. Konstantinou Ave., Athens. Hungary at the Embassy of Latvia, 20 Vas Gereben utca, Budapest. Ireland at the Embassy of Latvia, 92 St. Stephen's Green, Dublin, and the CIE Sports & Social Club, Upper Carey's Road, ... See all stories on this topic » | ||
EU avoids double-dip recession despite grim portents and sluggish growth Irish Times Even Portugal, which is undergoing harsh austerity, managed to emerge from its recession. After two consecutive quarters of contraction, the economy stabilised in the April-June period. NeitherIreland nor Greece has published figures yet. ... See all stories on this topic » | ||
The Evolution Has Run Its Course Intellectual Conservative The visual indicators of the results of such actions are run on the nightly news courtesy of Greeceand the UK. What is occurring with the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) has proved the economic model of social democracy is every ... See all stories on this topic » | ||
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Tigo Rwanda cuts tariffs to Europe by over 70% Telecompaper (subscription) ... Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Luxemburg, Malta, Monaco, Netherlands, Norway, Poland,Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, Turkey and the UK. See all stories on this topic » | ||
Investment Club: Sticking with portfolio principles saw loss of dividend but a ... Scotsman The UK, unlike the PIIGS countries - Portugal, Italy, Ireland, Greece and Spain - can, to some extent, also print money to get out of trouble. The usual problem with the printing money solution is that inflation might get out of control. ... See all stories on this topic » | ||
Merkel-Sarkozy Debt-Crisis Plan Shuns Steps Sought by Investors BusinessWeek Merkel and Sarkozy also pledged to harmonize German and French corporate taxes, a step with minimal implications for the economic outlook in Greece, Portugal and Ireland, now relying on 365 billion euros ($527 billion) in official loans to stave off ... See all stories on this topic » |
Dispatches from Spain: How does a Socialist Government cope with ... By Steven Hill Spain has been much in the news lately due to its unwanted membership in the notorious PIIGS (Portugal, Ireland, Italy, Greece and Spain) club of high debt countries. Adding color to the media coverage has been large protestor ... Social Europe Journal» Columns |
How Austerity Is Ushering in a Global Recession By admin We're on the cusp of a global recession. We all know about the weaknesses in Europe's “periphery” – Greece, Ireland, Spain, Portugal, and Italy. But the drop in Europe's core is dizzying. Permalink ·News · Share this page ... News |
Eurozone's GDP slows in Q2 | China business news By CBN The picture was equally grim for the region's high debtors – particularly Greece, Italy, Spain, Portugaland Ireland – where little or no growth means make debt-cutting targets will be even harder to achieve as tax revenues shrink and ... China business news |
Why aren't things working better in Europe? - Straight Dope ... By xtisme I know that a few really serious economic emergencies in a few countries like Spain, Greece, Ireland, etc are having an impact on them all, but it doesn't seem like Germany, France or England (who I would guess are powerhouses in the ..... Greece, Iceland, Italy, Ireland, and Portugal (not all EU countries but European countries in the news for economic woes) are in the top 20 for debt to GDP ratio. Spain is 28. The USA is 37. I have no idea what the EU would be as a ... Straight Dope Message Board |
Economic perspectives of the Eurozone and US debt crises Among the key leading business and economic news across the globe for the ... when the economies of the PIIGS (Portugal, Ireland, Italy, Greece and Spain) ... www.thecitizen.co.tz/.../13703-economic-perspectives-of-the-e... |
"Welfare state" is at peril/TRT-English Many countries, including Greece, Portugal, Ireland, Spain and Italy, ... like France and Britain are also moving towards this direction. Related News ... www.trt-world.com/trtworld/en/newsDetail.aspx?...8748... |
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