Today: IRELAND, Portugal, Spain, Italy, Greece News, Aug 19, 2011 (2)

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Aug 19, 2011

IRELAND, Portugal, Spain, Italy, Greece News, Aug 19, 2011 (2)


How Will Economic Stress Affect the Market?
Seeking Alpha
... simple analogies and rely upon anecdotal evidence. ...the time is ripe [for another AIG or Lehman-level collapse] based upon the growing lack of confidence in the growing debt of Spain, Italy,Greece, Portugal, Ireland and ultimately of France. ...
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Vodafone introduces over-the-air payment for apps
Know Your Mobile
The new service, which is now live in the UK, Germany, Italy, the Netherlands and Spain and will launch in Greece, Portugal and Ireland 'before long', allows users to buy an app and add the cost to their phone bill. This marks a major departure from ...
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Barclays shares and swaps battered in US market
Reuters
European banks have been plagued by concerns over their exposure to the debt of financially troubled neighbors such as Portugal, Ireland, Italy, Greece and Spain -- the so-called PIIGS. Barclays isn't immune but a recent six-month earnings report ...
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The Bad News Just Keeps On Coming For Europe
Business Insider
... Merkel simply cannot sell the idea of a “transfer union” in which Germans become responsible for the debts of the PIIGS (Portugal, Ireland, Italy, Greece, Spain) unless Germans genuinely believe that the only alternative is a huge economic crash....
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Business Insider
Greek FinMin: July 21 eurozone deal not in doubt
The Associated Press
The demands have laid bare the divisions within Europe over how to deal with its debt crisis, which has already seen Greece, Ireland and Portugal bailed out, and has threatened the far larger economies of Spain and Italy. Although the amount of cash ...
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Europa League playoff results
Yahoo! Eurosport UK
... Ried (Austria) 0 PSV Eindhoven (Netherlands) 0 Athletic Bilbao (Spain) 0 Trabzonspor (Turkey) 0 Lazio (Italy) 6 Rabotnicki Skopje (Macedonia) 0 AEK Athens (Greece) 1 Dynamo Tbilisi (Georgia) 0 Nacional Madeira (Portugal) 0 Birmingham City (England) ...
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The great depression goes on, but it's really all in the mindset
Sydney Morning Herald
In Bloxham's view, the key to resolving the uncertainty resides with Europe's politicians, and just how much policy flexibility the European Central Bank has to address the poor health of its PIIGS (Portugal, Ireland, Italy, Greece and Spain) economies ...
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Global Stocks Fall
Daily Beast
The economic downturn is raising concerns that the heavily indebted governments ofItaly and Spain may soon seek bailouts, as did Greece, Portugal, and Ireland. The fear is that banks will become less willing to loan money to businesses and consumers, ...
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Daily Beast
Brian Monteith: History tells us to keep fighting
Scotsman
How good the Euro was for Ireland, Portugal, Spain, Italy and Greece et al. It would be inevitable that we would join them. Well, I don't see or hear anyone saying Britain's membership of the Euro is inevitable now. Indeed, the discussion is about how ...
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THE greatest lesson from the turmoil on global stockmarkets is don't believe ...
The Australian
Right now there are a lot of punters thinking that the sovereign debt problems of the likes ofPortugal, Ireland, Italy, Greece and Spain, or the PIIGS, will end up infecting the banks of Europe. One contagion could lead to another -- this is starting ...
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From "Too Big to Fail" Banks to "Too Big to Default" Nations to What's Next?
Huffington Post
Meanwhile, "across the pond," we have the Eurozone "Too Big to Defaults" -- like the PIIGS (Portugal, Ireland, Italy, Greece and Spain). These sovereigns are "Too Big to Default" as any default may put both Eurozone and US banks at risk in our ...
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Bargain hunters wary of cheap bank stocks
Reuters
"The market is starting to price in writedowns of sovereign debt not only in Portugal,Greece and Ireland but also Italy and Spain and the associated recapitalizations ... It is getting pretty extreme," the fund manager said. Barclays (BARC. ...
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Reuters
There's nothing like a market crash to ruin a perfect day
The National
Investors are responding to the failure of the European Central Bank to take charge of the debt crisis and to stop the recent crisis over Greece, Portugal and Ireland extending to the much larger economies of Spain and Italy. ...
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Glass half-full or empty, we'll all need a drink
Sydney Morning Herald
... comments came from the ANZ chief, Mike Smith: ''Europe is frankly a mess, with quite genuine concerns about the solvency of countries such as Greece, Ireland and Portugal [and] the contagion effect that has on countries such as Italy and Spain. ...
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Mine and bank shares lead the retreat as downturn fears wipe off $44bn
The Australian
There were "quite genuine concerns", he said, about the solvency of countries such as Greece,Ireland and Portugal, and a contagion effect was presenting a challenge for Italy and Spain. Investors worldwide sought out traditional havens in uncertain ...
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ANZ Bank boss warns of global turmoil ahead
The Australian
"Europe is a mess, with quite genuine concerns about the solvency of countries like Greece,Ireland and Portugal, and now there is the contagion effect, which is a challenge for Italy and forSpain. partisan nature of its current politics and that's ...
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Ten questions about the Financial Transaction Tax that need answering
Financial News
He added: “In terms of a short term solution to the problems in Greece, Italy,Portugal and Spain, I can't see any revenue coming from this. This is a medium to long-term revenue raiser, it's not going to help in the next six months. ...
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Financial News
Major Investor CalPERS Rides out Big Waves in Markets With Calm Approach
PBS NewsHour
And here we're talking about banks. People are familiar with Greece and Portugal and Ireland. The bond market in Italy is the third largest in the world. If there's real trouble in Italy and in Spain, there isn't the capacity today in the European ...
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Castle hosts Civil War anniversary display
NorthJersey.com
Imagine if you hold a chunk of the sovereign debts of Greece, Italy, Spain, Portugalor Ireland. Late night comedians and uninformed pundits in print and broadcast keep harping on the theme that we might all have to learn mandarin, since China owns us. ...
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NorthJersey.com
Field: We need to stimulate growth
Westminster Chronicle
The coalition may have made progress in starting to reactivate our economy after the disaster of three Labour terms, but with Greece facing default, Ireland, Portugal Spain and Italy being supported by the European Central Bank Dr Morgan's report is a ...
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Securing euro's stability and credibility
Times of Malta
While the agreement among euro area leaders on July 21 provided strong support for Greece, as well as additional stability for Portugal and Ireland, it was clear that markets saw little in the package to help strengthen the situation in Italy and Spain ...
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Fears Of Eurozone Demise Have Been Greatly Exaggerated - Citigroup
Wealth Briefing (subscription)
“The EU and the euro area have the means to prevent disorderly sovereign defaults even when the sovereigns are most likely insolvent (Greece, Ireland and Portugal) and, in the case of Greece, already engaged in a process that will lead to a selective ...
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NYT: Merkel arrives in Paris to Beg
Find breaking news, multimedia, reviews & opinion on Washington, ... engulfed Ireland, Greeceand Portugal and threatens to pull in Spain and Italy as well. ...
mobile.nytimes.com/article?a=829286&f=20
Business - WSJ.com: Greece, Ireland, Portugal Should Default on…
Greece, Ireland, Portugal Should Default on Debt, Pimco Says. (Posted on BusinessWeek.com -- Top News at Wed, Aug 17, 2011 at 07:53PM) ... let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won't, ...
onespot.wsj.com/.../greece-ireland-portugal-should-default-o
Pimco: Greece has to dafault to save Spain and Italy
Pimco: Greece has to dafault to save Spain and Italy ... allow Greece, Ireland and Portugaldefault making sure that Italy and Spain will ... Read all news ...
www.fbs.com/analytics/news_markets/view/8399

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