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China Called on as Emergency Lender as Italy Faces Crisis BusinessWeek Italy joins Spain, Greece, Portugal and investment bank Morgan Stanley among distressed borrowers that turned to China since the 2007 collapse in US mortgage securities set off a crisis that widened to engulf euro-region sovereign debtors. ... See all stories on this topic » | ||
BULLION MORNING - Gold dips on softer euro, growing economic worries FXstreet.com The eurozone debt crisis is taking its toll on the single currency - the euro dropped as low as 1.3554 against the dollar, down from the close on Monday at 1.3649. With the dollar becoming firmer, traders have speculated that the strength of the US ... See all stories on this topic » | ||
Markets calmer on Tuesday as Italy turns for help to China FXstreet.com by Katarzyna Komorowska - FXstreet.com | View company's profile Tuesday will probably be more positive for the markets following the Monday panic brought about by renewed European debt crisisworries. Asian markets traded moderately higher calmed by ... See all stories on this topic » | ||
Contagion: Now in European Economic "Theaters" Everywhere Elliott Wave Soon after, the February 10, 2010, European Short Term Update offered its first-ever analysis ofIreland, warning that it would be the next falling domino in the eurozone crisis. And finally, the March 2010 European Financial Forecast dispelled any ... See all stories on this topic » | ||
VIX at Biggest Discount to Europe's VStoxx Since 2008: Options BusinessWeek Concern Greece will default on its loans and spur a banking crisis is driving up the price of options relative to contracts in the US, where equities are beating their euro-zone counterparts by the widest year-to-date margin since 1987, according to ... See all stories on this topic » | ||
Greece can not afford to lose European funds: EU commissioner People's Daily Online Due to chronic bureaucratic burdens and the debt crisis that has hit Greece hard since late 2009, Athens does not fully use some billion euros already secured in EU coffers years ago, since the government can not co- finance the development projects. ... See all stories on this topic » | ||
Greece and Ireland under pressure to step up austerity measures FXstreet.com The group decided to issue a statement though in which the finance ministers and central bankers taking part in the conference promised an international coordinated and firm action against the crisisand the global economic slowdown. ... See all stories on this topic » | ||
Is default the next Greek tragedy? CNN But no, it's not about the European debt crisis. Stocks plunged in Europe Monday. Fears of a potential Greek default continued to scare investors following reports that German banks were preparing for such a possibility. Alex Bellefleur, financial ... See all stories on this topic » | ||
Euro zone debt to peak at 88.7% of GDP in 2012 RTE.ie The report said that for Greece, Ireland, Portugal, Britain and Spain, "the high increase in the level of debt since the beginning of the crisis means that the reduction by 2014 will be small and reversing the increases seen since the time of the ... See all stories on this topic » | ||
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Eurozone Crisis Intensifies: What Does The Canary In The Mineshaft Indicate ... mi2g Let us not underestimate the threat of contagion from Greece's default. Not just Ireland andPortugal, Italy and Spain, but also Austria, Belgium, Cyprus and France, alongside EasternEurope, are likely to be in the melancholic doldrums as Greece ... See all stories on this topic » | ||
Is Another Correction Coming, Or Is The Worst Over? Seeking Alpha The concerns in Europe were the situation in Greece -- ie, would Greece default? The underlying and more damaging fear was how a default would affect Portugal, Ireland, Italy, Spain or -- worse -- some unintended consequences yet unknown. ... See all stories on this topic » | ||
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Losing Faith in the "Power" of Central Bankers Daily Reckoning - American Edition Yields on Greek two-year notes rose above 60 percent today for the first time… “After almost two years of fighting to contain the region's debt crisis and providing the biggest share of three Europeanbailouts [to Greece, Ireland and Portugal],” ... See all stories on this topic » | ||
Economy Minister says Hungary in "new period of risk"; slams IMF interference Realdeal.hu By MTI Hungary has again assumed the mantle of one of the riskiest economies in the region due to the new crisis in the euro zone as well as the high level and adverse structure of the public debt, Economy Minister Gyorgy Matolcsy said on Monday. ... See all stories on this topic » | ||
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IMF urges more debt analysis in advanced economies Reuters The IMF and European Union have provided rescue loans to Greece, Portugal and Ireland since last year as the countries have struggled to rein in budget deficits. There are growing fears in markets that Greece will default as economic growth in the euro ... See all stories on this topic » | ||
Ireland: Is austerity enough or will we see haircuts? Credit Writedowns The “spreads curves” have flattened considerably for Ireland and Portugal, reflecting less near-term uncertainty about the future of Irish finances given the July 21 EU agreement on Greek debt restructuring, more favourable financing terms for the ... See all stories on this topic » | ||
Overgrown lawns and no Christmas: A new Toronto? CTV.ca BMO Nesbitt Burns today sums up the troubles slamming the euro zone as the crisis in the 17-member monetary union continues to mount. Here's the take from senior economist Sal Guatieri: 1. The "rising probability" of a default by Greece. ... See all stories on this topic » | ||
French banks can cope with any Greek outcome RTE.ie As the financial crisis turned into a euro zone debt crisis, the ECB extended special easy-terms short-term financing for banks in the eurozone, and particularly for those in Greece, Ireland andPortugal. Tánaist Eamon Gilmore said a Greek default ... See all stories on this topic » | ||
Turmoil ensnares big French banks Spartanburg Herald Journal Investors have grown increasingly suspicious that Europe's efforts to contain the crisis that began inGreece are proving too little, too late, despite steps taken by European leaders to avert a default. But the concerns over Greece and its impact on ... See all stories on this topic » |
Van Rompuy takes lead in eurozone crisis stunt | EurActiv This week (5-11 September) will be marked by the absence of European ... by Council President Herman Van Rompuy to deal with the eurozone crisis. ... EU news & policy debates ..... Interview | Ségol: Financial tax must repair crisis damage ... by contributing to multi-billion-euro bailouts ofGreece, Ireland and Portugal. ... www.euractiv.com/.../van-rompuy-takes-lead-eurozone-crisis-... |
10 Questions about the Eurozone Crisis and whether it can be solved The European Institute is UCL's new hub for research, collaboration and ... The Eurozone crisisentered a new and dangerous phase in August 2011. ... 2011 (in the order in which they have entered the crisis, Greece, Ireland, Portugal, Spain, ... Economists referred to the two decades before the global financial crisis as the ... www.ucl.ac.uk/european-institute/highlights/10questions |
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