EUROZONE Crisis News, Nov 05, 2011

Greece crisis: Position European Central Bank as a lender of last resort, says ... Economic Times His meeting with France could not be held as Euro Zone crisis deepened after Greece decided to opt for a referendum on the bailout. Inflation sign of growing prosperity. Admitting that inflation is a problem, Singh said price rise is also a sign of ... See all stories on this topic »

No new money to fight euro zone debt crisis TVNZ The euro zone won verbal support but no new money at a G20 summit today for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision. Leaders of the world's major economies, meeting on the ... See all stories on this topic »

Britain turns on 'disreputable' Germany as relations sour over eurozone crisis The Guardian (blog) This is what Rennie wrote: Germany's priority is rules establishing unprecedented oversight of euro-zone economies. If Britain asks too high a price for its consent, Germany will reluctantly agree to a new treaty outside the EU system. ... See all stories on this topic » The Guardian (blog)

Euro crisis risks UK double dip, warns PM as global leaders break up amid ... Daily Mail By James Chapman Britain risks being tipped back into recession by theeurozone crisis, David Cameron warned last night. As a summit of global leaders broke up amid acrimony and indecision, the Prime Minister said the 'world can't wait' for a solution. ... See all stories on this topic » Daily Mail

Canada's Flaherty says G20 likely to meet before February Reuters By Annika Breidthardt BERLIN (Reuters) - G20 leaders are likely to meet before their next scheduled summit in February to try and restore market confidence battered by the euro zone debt crisis, Canada's finance minister said on Saturday, ... See all stories on this topic » Reuters

The eurozone crisis will impact on high streets and homes in Britain Sky News Prime Minister David Cameron has said the Eurozone crisis is having a "chilling effect" on the rest of the world's economies. Sky News examines what impact it is having on the UK. Imagine working full time for a year and not being paid a penny for it. ... See all stories on this topic » Sky News

Europe: the worst-case scenarios CNN International Once Greece sets a precedent of leaving the euro zone, investors might think the same is possible for other troubled economies, most notably Italy and Spain. If investors see that Greece was able to leave the eurozone and default on its debt, ... See all stories on this topic »

Commerzbank restricts flow of loans CTV.ca Germany's second-largest lender Commerzbank AG will refuse loans which don't help Germany or Poland, as the euro zone crisis makes European banks more protectionist in choosing between writing new business and meeting stringent capital requirements. ... See all stories on this topic »

Obama, on Periphery, Leaves Empty-Handed Wall Street Journal In the end, Mr. Obama returned to Washington with many questions about the plan unanswered and as markets remained uncertain about whether the euro zone debtcrisis will be contained. "I know it isn't easy, but what is absolutely critical—and what the ... See all stories on this topic »

Where will Ireland stand in an altered EU? Irish Times STRATEGIC THINKING is always a bonus in politics, never more so than during a crisis. It is rare in Irish political life, particularly in linking national and international developments. This week the Greek and euro zone dramas have forced a rethink of ... See all stories on this topic »

Pressure piles on Berlusconi euronews That is the verdict of German Chancellor Angela Merkel, the day after a G20 summit dominated by the euro zone crisis. Few concrete decisions were taken – aside from an agreement that the International Monetary Fund would monitor Italy's efforts to ... See all stories on this topic » euronews

The EU Debt Crisis has Not Been Solved: If Europe Financially Implodes it... Center for Research on Globalization The EU media has a total blackout on what they are attempting to pull off. We understand there is just one copy of the treaty and that is in English and is rather odd, when English is not the first language of any of the euro zone countries. ... See all stories on this topic » Center for Research on Globalization

Don't count on China to rescue Europe: ex-lawmaker Reuters "China certainly hopes the debt crisis could be resolved. If the crisisspreads, it could lead to a break-up of the euro zone and affect the global monetary system as the euro is the second-largest reserve currency," Cheng told reporters. ... See all stories on this topic » Reuters

What's Ailing Europe Could Prove Contagious Barron's By JONATHAN BUCK | MORE ARTICLES BY AUTHOR Italian bond yields rise on worries about the country's finances, as the euro zone's debt woes further roil stocks. And, why Hermès is overvalued. Europe's sovereign-debt crisis escalated last week in a game ... See all stories on this topic »

Euro zone service sector activity falls at fastest pace Irish Times ACTIVITY IN the euro zone's dominant service sector shrank at its fastest pace in 27 months in October as the ongoing debt crisis sapped new business and soured sentiment, survey data indicated yesterday. Markit's Purchasing Managers Index (PMI) for ... See all stories on this topic »

Nifty likely to find support at 5200 Economic Times The uncertainties regarding the Greek financial crisis and the Euro zone caused the markets to shed some of it gains and we saw the Sensex closing at 17562.61 about 1.36% down from the earlier week's close. Sector wise BSE Auto and BSE metal were the ... See all stories on this topic »

New French Austerity Package Looms Wall Street Journal With the euro-zone debt crisis continuing to hammer European economies, Mr. Sarkozy late last month cut France's growth forecast to 1% for 2012 from 1.75% that was previously in the budget for next year. See country-by-country events in the crisis.... See all stories on this topic »

French president Sarkozy dismisses the English saying 'you don't understand ... Daily Mail Meanwhile, Italy was last night forced to call in international inspectors to oversee its finances as fears mounted it will be the next victim of theeurozone crisis. It has debts of £1.6trillion – a whopping 120 per cent of GDP. ... See all stories on this topic » Daily Mail

Poland pledges commitment to euro Financial Times By Jan Cienski in Warsaw At a time of crisis in the eurozone and fears for the future of the single currency, Poland, one of the European Union's more robust economies, has reiterated its long-term intent to join the currency bloc. “We are not the UK, ... See all stories on this topic »

Merkel sees no swift end to debt crisis - podcast Reuters "(It will) certainly take a decade until we are in a better position again," Merkel said in her weekly podcast, a day after the euro zone failed to get new money for its bailouts at a G20 summit and Greek Prime Minister George Papandreou won a vote of ... See all stories on this topic »

Sussex Euro MP in Financial News’ Top 100 women Mid Sussex Times This year's FN100 Influential Women list features 'those engaged in the regulatory debate and formulating a response to the Eurozone crisis.' Sharon, who also chairs theEuropean Parliament's influential Economic and Monetary Affairs Committee, ... See all stories on this topic »

No Canadian money for eurozone bailout fund: Harper Canada.com “So, I think the sooner European leaders and others can simply confirm that they are moving forward, I think that will be the quickest way to get us out of this crisis of confidence.” Although Harper provided a rosy view of how the Greeks will come ... See all stories on this topic »

CREDIT MARKETS: Companies Issue Debt Despite Eurozone Debt Concerns Wall Street Journal Worries about a lack of effective solutions to stem the euro zone's sovereign debt crisiscontinued to lure money into safe-haven Treasurys. This has outweighed a slew of better-than-forecast economic releases in the US that has eased fears the world's ... See all stories on this topic »

Greek crisis poses a threat to Thai economy, governor warns Bangkok Post A major risk for the Thai economy in the post-flood period will be the political gridlock in Greece, which is threatening to result in a debt default that will spill over to the rest of the euro zone, says central bank governor Prasarn Trairatvorakul. ... See all stories on this topic » Bangkok Post

Some progress in tackling eurozone crisis: PM Lee Business Times (subscription) The eurozone crisis is not just 'a European problem', said Mr Lee in the interview aired on the Newsnight programme on BBC2 on Thursday night. 'Greece, of course, is a small piece of a bigger problem, but it is one which can trigger a question of ... See all stories on this topic »

US Treasurys Regain Fans After Bruising October Wall Street Journal Worries about a lack of effective solutions to stem the euro zone's sovereign debt crisiscontinued to lure money into safe-haven Treasurys. This has outweighed a slew of better-than-forecast economic releases in the US that has eased fears the world's ... See all stories on this topic »

Opinions and News on the Eurozone Crisis, No. 39 - American Future By Marc Schulman However, Steil emphasizes the ECB's limitations in solving the eurozone crisis. “Although the ECB does have a lot of ammunition in that it can print money, it doesn't have unlimited ammunition,” he says. “The European Central Bank is not a ... AMERICAN FUTURE

Crisis and resolution, recession and solution « Tribune – Comment ... By Julian Priestley After 14 summits and thousands of hours spent in fetid rooms, the single currency is still in crisis but there seems to be a way forward. The capacity of the European Financial Stability Facility – the eurozone's bailout fund – has already been ... Tribune - Comment, news and reviews...

The G-20 Summit's Abject Failure | FrumForum By Jeff Cimbalo The G-20 summit failed utterly to secure any resolution of the eurozone's economiccrisis. Yet two ... Both items count as good news for Euro bondholders. They also ... As I've been arguing throughout this crisis, Europe can save the euro. ... FrumForum

Greek/Eurozone crisis. What's next. | MyFDL By cmaukonen Some of his own supporters have hinted at this, saying they will back him at Friday's vote as long as he begins talks with the opposition on a cross-party coalition government that can ratify the euro zone rescue plan and then resigns. Several lawmakers in the ruling ... 1916: In the debate, Environment Minister George Papaconstantinou has told MPs that “the widest possible agreement in the political system is needed” to ratify theEU bailout, AFP news agency reports. “The bailout deal ... cmaukonen's FDL blog

Greek vote paves way for euro deal - Ellesmere Port Pioneer By Ellesmere Port Pioneer Crucially, the proposed coalition administration will secure the terms of the bailout after days of market anxiety that it would be rejected, deepening the eurozone crisis yet further. article_mpuAdvertisement. World leaders drew a blank in their ... Ellesmere Port Pioneer - Home - News

Stocks End Lower on Euro Zone Worries | Stock Market News By edliston Focus for most of the day remained on euro zone and the G20 meeting in Cannes. Last week, European leaders had announced a plan to stem the sovereign debt crisis, however, a surprise referendum call by George Papandreou, the Greek ... Stock Market News

XE.com - Saudi FinMin says euro effect to be 'very limited' Some emerging economies, fearing the euro zone crisis could destabilise them, have suggested giving the IMF more firepower to cope with threats to the global financial system, but a decision on whether to boost the fund was deferred until next year at the G20 summit on Friday. (Writing by Isabel ... The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. ... XE Forex News

Look Left – G20 fails to calm the storm as eurozone crisis grows ... By Shamik Das “Every day that the eurozone crisis continues and every day it is not resolved is a day that it has a chilling effect on the rest of the world economy, including the British economy. I am not going to pretend all the problems in the eurozone have been ... “Their choices are now limited, essentially, to two: take the bailout, and the harshest austerity package ever inflicted on a nation; or default, leave the euro, and leave the EU. The political class are relatively united in the belief the former is ... Left Foot Forward

Debt crisis: live - Telegraph Jose Manuel Barroso, president of the European Commission, with Nicolas ... Visit the Telegraph Finance page for the latest on the eurozone debt crisis. ... 21.48 An observation by Nick Malkoutzis, deputy editor of the Kathimerini newspaper: ... www.telegraph.co.uk/finance/.../8846201/Debt-crisis-live.html

Eurozone crisis: So Labour saved us from the euro project? Oh ... MailOnline - news, sport, celebrity, science and health stories ... Yet more UK billions to bail out euro: As Greek crisis deepens, Cameron raises commitment to ... www.dailymail.co.uk/.../Eurozone-crisis-So-Labour-saved-eur...

Greek government teeters, euro zone crisis deepens after ... Greek government teeters, euro zone crisis deepens after referendum news. 'The crisis ... has taken on uncontrollable dimensions and is threatening the ... msnbc.msn.com/id/45114513/ns/world_news-europe/

Euro zone crisis: As it happens | Reuters (Reuters) - Here is a snapshot of the euro zone crisis as G20 leaders meet in Cannes. All times are GMT:* 1454 -- IMF head Christine Lagarde said that the ... www.reuters.com/.../us-eurozone-crisis-developments-idUSTR...

Euro zone finds no new money for debt crisis at G20 But the IMF's new role takes the euro zone crisis to a new level and suggests that markets no longer trust the EU to police its own economies. ... www.reuters.com/article/2011/.../g-idUSL5E7M35XA201111...

Euro zone crisis: as it happens - Yahoo! News Read 'Euro zone crisis: as it happens' on Yahoo! News. (Reuters) - Here is a snapshot of the euro zone crisis as G20 leaders meet in Cannes. news.yahoo.com/euro-zone-crisis-happens-115225851.html

G20 Summit Focuses on Eurozone Debt Crisis | News | English ... with the summit dominated by the European debt crisis and questions about a ... theeuro, in the eurozone and a strong partner in Europe," said Papandreou. ... www.voanews.com/.../Obama-Pushes-for-Eurozone-Debt-Crisi...

BBC News - How France views the eurozone crisis How France views the eurozone crisis. Matthew Price By Matthew Price Europecorrespondent. TGV train passes in front of billboard showing an enormous eye ... www.bbc.co.uk/news/business-15567028

The euro-zone crisis: China to the rescue? | The Economist Then again, we have been here many times before during the euro-zone saga. ... Theeuro crisis: The Greeks will vote on something, and other euro news ... www.economist.com/blogs/freeexchange/.../euro-zone-crisis-4

Euro zone crisis: As it happens - chicagotribune.com (Reuters) - Here is a snapshot of the euro zone crisis as G20 leaders meet in Cannes. All times are GMT: * 1223 -- European Council President Herman Van ... www.chicagotribune.com/.../sns-rt-us-eurozone-crisis-develop...

Euro zone crisis - Nov 3 as it happens Nov 3 (Reuters) - Here is an ongoing snapshot of the euro zone crisis as G20 leaders meet in Cannes. * 0945 -- China's Hu says BRICS discussed Euro zone ... www.reuters.com/.../eurozone-crisis-developments-idUSL5E7... info@als-alexander.com or interalex1@yahoo.com