| Factbox: Coming events in the euro zone debt crisis Reuters The debt-choked country sold three- and six-month T-bills to roll over 2.48 billion euros of previous issues in August. -- September 9 - PDMA to announce amount for auction of six-month T-bills to be auctioned September 13 as a previous issue of 2.0 ... See all stories on this topic » | ||
| Buba's Weidmann warns of loss of trust in ECB Reuters The Bundesbank is the most powerful of the euro zone's 17 national central banks. Germany is theeuro zone's largest economy meaning the Bundesbank provides the lion's share of the ECB's capital. Weidmann said the sovereign debt crisis was the biggest ... See all stories on this topic » | ||
| Dutch finance head: Germany, France bear responsibity in crisis by breaking ... Washington Post By AP, THE HAGUE, Netherlands — The Dutch finance minister said Thursday he blames Germany and France in large part for Europe's sovereign debt crisis because they violated rules laid down at the creation of the euro by running larger-than-permitted ... See all stories on this topic » | ||
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| Melanie Sturm: Think Again Aspen Times Winehouse thought she didn't need treatment; similarly the new head of the International Monetary Fund, Christine Largarde, fears “policy makers do not have the conviction” to “go to rehab” at this “dangerous new phase of the debt crisis. ... See all stories on this topic » | ||
| Euro Falls to Two-Week Low Versus Dollar on Debt Crisis Concern San Francisco Chronicle South Korea's won was the best performing major currency against the dollar and euro. "The euro-zone debt crisis is not going to disappear anytime soon, and it's looking increasingly likely that a solution is going to be quite disorderly," said Lee ... See all stories on this topic » | ||
| El-Erian Sees ECB Cutting Rates Bloomberg Growth in the 17-nation euro area slowed to 0.2 percent in the second quarter from 0.8 percent in the first -- with the German economy almost grinding to a halt -- as Europe's debt crisis roiled financial markets and weighed on confidence. ... See all stories on this topic » | ||
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| GLOBAL MARKETS-Stocks, euro fall before US jobs data Reuters Signs that Greece will miss its 2011 deficit target of 7.6 percent underscored concerns about theeuro zone debt crisis, prompting investors to lighten their risky assets. The US employment report, due at 1230 GMT, is expected to show an increase of ... See all stories on this topic » | ||
| Europe's Urgent Need for Growth Wall Street Journal By RICHARD BARLEY The euro zone's failure to deal with its sovereign-debt crisis, other than by announcing ever larger doses of austerity in ever greater numbers of countries, is hitting home. Manufacturers are suffering, and even in powerhouse Germany ... See all stories on this topic » | ||
| European inflation set to fall in 2012: Nowotny Reuters Faced with a spreading sovereign debt crisis in Europe, the ECB reactivated its purchases of state debt on the market last month after a 19-week pause in an effort to halt contagion of the euro zone debt crisis to Italy and Spain. ... See all stories on this topic » | ||
| EU Debt Crisis: Trichet, Rehn And Juncker Urge Eurozone Governments To Ratify ... eGov monitor Eurozone member states should ratify the decisions made on 21 July to tackle the sovereign debt crisis in the single currency area – that was the message from the ECB President Trichet, the EUEconomic Commissioner Rehn and Euro group head Juncker as ... See all stories on this topic » | ||
| Ireland sees euro bonds or cross-guarantees in Europe Reuters DUBLIN, Sept 1 (Reuters) - Ireland's finance minister said on Thursday he expected that cross guarantees of euro zone countries' debts or a common euro zone bond would emerge as part of the solution to the debt crisis. "I think either cross guarantees ... See all stories on this topic » | ||
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| CDU Party Whip: As Much Parliament Say On EFSF As Possible Wall Street Journal The changes are part of the European Union's latest plan for ending the debt crisis. Some German lawmakers complain they haven't had enough say in such efforts. Germany's constitutional court is weighing the question and a ruling is expected Sept. 7. ... See all stories on this topic » | ||
| Euro-Zone Manufacturing Contracts Wall Street Journal Germany's export-dependent manufacturing sector has cushioned it so far from the ills of the debt crisis along Europe's southern fringe and Ireland, as companies have succeeded in seeking out new markets, particularly in emerging economies such as ... See all stories on this topic » | ||
| EURO GOVT-Spanish bonds under pressure before auction Reuters Spain will test market appetite for its bonds at its first auction since the ECB started buying Spanish and Italian debt last month in a bid to halt the spread of the euro zone's debt crisis. A sale of Italy's bonds this week saw only relatively weak ... See all stories on this topic » | ||
| EU Daily | Eurozone PMI at two-year low as new orders fall in all countries Oil & Gas Financial Journal 6 in Berlin to discuss the euro-area debt crisis as a Finnish demand for collateral threatens to delay a second Greek bailout. “We will discuss how to go forward with this crisis and the future,” Dutch Finance Minister Jan Kees de Jager told reporters ... See all stories on this topic » | ||
| Schäuble wants new EU treaty The Local.de According to a report in Friday's edition of the Bild newspaper, Schäuble thinks the only way out of the current debt crisis in the eurozone is if the EU completely transforms its contract with member states. He says far-reaching reforms are necessary, ... See all stories on this topic » | ||
| Is austerity killing Europe's recovery? Washington Post The campaign to reduce government deficits has come in response to a European debt crisis that could endanger the global banking system. And the budget cutting has been coupled with a reluctance by the the European Central Bank to stimulate economic ... See all stories on this topic » | ||
| Can the Euro handle the pressure? ABC Online CHRIS UHLMANN, PRESENTER: The alarm bells are ringing in Europe again. The Continent's debt crisis is threatening a banking crisis, a new credit crunch and the end of the euro. In the past week, the banks' funding costs have soared and credit's drying ... See all stories on this topic » | ||
| Details to Q2 growth data show household consumption dropped for first time ... Washington Post The agency said that was due to fears over the continent's debt crisis as well as higher energy prices. European Union leaders are struggling to contain market turmoil fed by fear that some countries that use the euro currency have borrowed more money ... See all stories on this topic » | ||
| The five major hurdles on the road to recovery Sydney Morning Herald ... to sort out Europe's sovereign debt crisis. Evidence can be detected that the bickering over Greece's bailout, the vulnerability of Italy and Spain, and fears that banks could be wiped out by losses on euro zone bonds are affecting the willingness ... See all stories on this topic » | ||
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| FOREX-Euro slides broadly as data fans global economic fear Reuters ... report to be released on Friday should dictate currency trading. The euro is seen as most vulnerable to losses due to signs of weakness in both the European and global economies and because the euro zone remains far from a solution to its debt crisis. See all stories on this topic » | ||
| EU Morning Report-Focus turns to the Non Farm Payrolls report International Business Times The euro plummeted yesterday weighed by escalating concerns about the eurozone debt crisisand poor eurozone Manufacturing data. Further pressuring on the single currency is speculation that the European Central Bank will abandon its hawkish stance at ... See all stories on this topic » | ||
| Global Uncertainty "Could Push Gold Bullion into Uncharted Territory", Euro ... BullionVault "Nevertheless, the next stage of the Eurozone debt crisis will put...the German economy to the test." Elsewhere in Europe, FT Alphaville reports on French banks' relatively high dependence on wholesale funding – with deposits making up 31% of total ... See all stories on this topic » | ||
| FOCUS: Ireland Finds Favor With Bond Investors Wall Street Journal Euro-zone policy makers seem unable to resolve the currency area's debt crisis, and Seetharamdoo at Coutts pointed out that "Europe is being driven more by political will than economic forces" and that "Ireland is still at risk from contagion from ... See all stories on this topic » | ||
| Interest Rates & Stock Index Inside Futures Bearish factors for stocks include (1) continued concern about the European sovereign debt crisisand its potential to cause an all-out crisis for the European banking system, (2) the ongoing slump in the US housing market as the weekly MBA purchase ... See all stories on this topic » | ||
| Emerging European currencies weaken on poor Europe data Economic Times ... in almost two years in the euro zone as it struggles to cope with a debt crisis. Data also showed slower manufacturing activity in Poland and Hungary as well, casting a bigger shadow over the outlook for emerging Europe's export-reliant economies. ... See all stories on this topic » | ||
| New macro forecast: Sweden well prepared for the autumn storms Reuters (press release) The entry of Italy, Spain and France into the sovereign debt crisis is forcing a new round of fiscal tightening in the eurozone. On top of this, eurozone banks are now in the midst of a much worsecrisis of confidence than post-Lehman, ... See all stories on this topic » | ||
| Ackermann Rejects Lagarde's Drive for Mandatory Increases in Bank Capital Bloomberg Ackermann also backed the German government's opposition to joint euro bonds, saying they're not a “silver bullet.” European Union President Herman Van Rompuy on Aug. 20 ruled out issuing common bonds as a cure for the debt crisis, saying any joint ... See all stories on this topic » | ||
| EUR/USD drifting lower even as sentiment on risk remains constructive FXstreet.com The economic data in Europe (CPI, labour market data) and in the US were close (ADP) to expectations and had no lasting impact on EUR/USD trading. Regarding the EMU debt crisis, the German government approved the framework for a draft on expanding the ... See all stories on this topic » | ||
| Currencies and Metal Outlook Inside Futures Demand for gold remains strong as a safe-haven from Europe's debt crisis and as an alternative to flagging stock prices. Long-term bullish factors for gold include sovereign debt woes, extraordinarily easy G7 monetary policies, and long-term dollar ... See all stories on this topic » | ||
| A look at economic developments around the globe The Associated Press Jan Kees de Jager also said he blames Germany and France in large part for Europe's sovereigndebt crisis because they violated rules laid down at the creation of the euro by running larger-than-permitted budget deficits in the early 2000's. ... See all stories on this topic » | ||
| The Current Market Sentiment FXstreet.com ... debt crisis in the Euro zone. These weak manufacturing data have come in line with the falling of Aug Germane IFO last week to 108.7 while the markets were waiting for from decreasing to 111.3 from 112.9 in June following the big drop of Aug EU ZEW ... See all stories on this topic » | ||
| Life after the oil fund Bangkok Post Specifically, the US will register negative growth of -1% next year, while the fallout from the euro-zone crisis will drag down EU growth to -2%. This scenario implies a Brent crude price of about US$80 a barrel. In this case, there would be no ... See all stories on this topic » | ||
| Another downbeat week for Europe is about to end with the sentiment in control ... FXstreet.com The US sluggish recovery and the debt crisis and the two weakest links in the equation and have kept financial markets under heavy volatility. With the weak prospects for the US recovery in mind, the market has the eyes locked on the nonfarm payrolls ... See all stories on this topic » | ||
| European shares snap three-day rally; miners fall Reuters Spain sold 3.6 billion euros of five-year government bonds on Thursday in an auction that met only sluggish demand and suggested investors remain unconvinced by policymakers' efforts to halt the spread of the euro zone's debt crisis. ... See all stories on this topic » | ||
| World stocks slide on poor Europe data Economic Times Sentiment has been battered over the summer by signs of an ailing global economy and by the euro zone's inability to contain its debt crisis. A raft of economic data is due over the next two days -- culminating in the monthly US jobless report on ... See all stories on this topic » | ||
| Global Crisis: Threat of Recession and Massive Unemployment Forex News Now The bottom line is that both the EU and US have mismanaged the sovereign debt crisis. An agreement on medium-term debt reduction in the United States should avoid both a new recession and increased inflation. In Europe, the truth must be admitted about ... See all stories on this topic » | ||
| EURO has Lost its Teflon? OANDA Forex (blog) The market has been slicing through the EUR like knife through butter already this morning, mostly on concern that Euro sovereign-debt crisis may worsen, curbing the demand for the currency and triggering some sizable stop losses that have helped to ... See all stories on this topic » | ||
| Behind the bankers mask – learning from the South when seeking to reveal the ... EURODAD “The current crisis in the euro-zone periphery has many of the same ingredients that led to the Argentine debacle of 2001–2002 : repeated bailouts making already unsustainable debt loads even more unsustainable, the IMF's mistaken prescriptions for ... See all stories on this topic » | ||
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| Gov't ponders delaying rescue Prague Post "Some people tout them as being the solution to the crisis," German Chancellor Angela Merkel said of euro bonds. "Putting the debt all in one pot," while allowing others to live beyond their means and expect a bailout "is against all common sense. ... See all stories on this topic » | ||
| German growth view darkens on PMI, GDP data Reuters "Insecurity over the (euro zone) debt crisis has probably also contributed. It could even get more pronounced because there is no quick solution in sight." In August, German business morale fell at its fastest rate since the aftermath of the Lehman ... See all stories on this topic » |
| Introduction of euro notes are not in line with China's interests ... By admin For debt held by the European powers in China, do not introduce the euro bond, the same interest of China. This is the end of 2009 since the outbreak of the debt crisis, the Chinese government repeatedly said that the EU economic ... Finance online - Financial Advice|Fin... |
| NewsDaily: Euro zone nearing Greek collateral compromise The wrangle has further undermined confidence among investors in the euro bloc's ability to resolve its debt crisis and prompted rating agency Moody's to warn that Greece's bailout payments could be delayed. Dutch Finance Minister Jan ... NewsDaily: Business Headlines |
| Europe Struggles to Find Unity on Debt Crisis - Market News, Analysis By marketmaker Europe's debt crisis revealed new signs of fiscal weakness in Spain and Greece as euro-zonegovernments continued to differ over how to craft a new safety net to keep governments from defaulting on their loans. Original article · Add new ... Bullfax.com - Market News & Analysis |
| Belgian minister scolds Germany over euro debt crisis ... A Belgian minister lambasted Germany's handling of the eurozone debt crisis, accusing Berlin of lacking solidarity while telling, along with its ally Paris, other ... www.eubusiness.com/news-eu/eurozone-finance.bxe |
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