Today: IRELAND, Portugal, Spain, Italy, Greece News, Nov 21, 2011

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Nov 21, 2011

IRELAND, Portugal, Spain, Italy, Greece News, Nov 21, 2011


Jefferies Says Firm Makes Further Cut in GIIPs Holdings
BusinessWeek
21 (Bloomberg) -- Jefferies Group Inc., the investment bank whose stock dropped in the wake of MF Global Holdings Ltd.'s bankruptcy, said it has again cut holdings in Greece,Ireland, Italy, Portugal and Spain. “We have further reduced our total gross ...
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Debt crisis strikes at heart of Europe
Reuters
Spain's Socialists became the fifth government in the 17-nation single currency area to be toppled by the debt crisis this year. Portugal, Ireland, Italy and Greece went before. But an absolute parliamentary majority for Mariano Rajoy's center-right ...
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Spain's People's Party takes power with big majority
Irish Times
SPAIN YESTERDAY became the fifth euro zone country after Portugal,Ireland, Greece and Italy to change its government under the shadow of the crisis in the currency. Mariano Rajoy, leader of the right-wing Partido Popular (PP), or People's Party, ...
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Irish Times
Is Being Best of a Bad Bunch Enough for Ireland?
CNBC.com
In recent months, received market wisdom has had it that Ireland, with its impressive growth and acceptance of austerity measures, is the least mucky member of the so-called PIIGS (Portugal, Ireland, Italy, Greeceand Spain) [cnbc explains] . ...
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CNBC.com
Debt crisis sweeps towards heart of Europe
Moneycontrol.com
Spain's Socialists became the fifth government in the 17-nation single currency area to be toppled by the sovereign debt crisis this year. Portugal, Ireland, Italy and Greecewent before while Slovakia's cabinet lost a confidence vote last month and ...
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Qantas quandary, Sir Jimmy Savile's funeral and expat votes
Telegraph.co.uk
If Greece, Spain and Portugal, and possibly Italy and Ireland, were allowed to leave the EU, re-establish their own currencies and set their own base rates, the threat to the rest of the members could be contained relatively quickly. ...
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Telegraph.co.uk
Spain all hope and no substance
ABC Online
We've seen a change of leadership in Portugal, Ireland, Italy, Greece and now Spainand while offering new hope, the new Spanish leader is already trying to hose down any suggestion of a miracle cure for the country's economic crisis. ...
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Vodafone announced as PlayStation Vita 3G partner
MCV
The deal also covers France, Ireland, Italy, Germany, Spain, Portugal, Australia, New Zealand and The Netherlands. 3G versions of the Vita will ship with a Vodafone SIM card in the box so users can immediately connect over the airwaves. ...
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Schroders economists warn of eurozone crisis spread
Fundweb
... officer at the asset manager, says the eurozone members “don't have a whole lot of time left” before the market starts to act in earnest on fears that the crisis is affecting countries other than Greece, Ireland, Italy,Portugal and Spain. ...
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Fundweb
EU Helps Greece Recover $81B of Unpaid Taxes From Swiss Banks
The New American
The Heritage Foundation lists Portugal at 37.0 percent; Italy at 42.6 percent; Ireland at 30.8 percent; and Spain at 37.3 percent. Analysts have observed that perhaps the problem of the so-called PIIGS EU member-states (Portugal, Italy, Ireland, Greece ...
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Huge Euro Move Coming. How to Trade It...
Tycoon Report
Candidates for removal from the monetary union include the usual suspects: Portugal,Italy, Ireland, Greece, and Spain (PIIGS). Ejecting any or all of these peripheral nations would leave a much more fiscally sound core. As a result, the Euro can gain ...
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Stocks: It's all about Italy, Spain and jobs
CNN
Yields on 10-year Italian bonds edged above 7%, a level that Ireland and Portugal hit just before requiring bail outs by the European Union and International Monetary Fund. Spanish bond yields hovered perilously close to that level this week. ...
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You are currently in: Home » News » Spain's new “Pro Property” Gov...
Property in Spain
The newly-elected Centre-Right People's Party is promising new austerity measures as introduced in Greece, Ireland, Italy and Portugal, all of whom replaced their leaders as the crisis in the single currency zone deepened. ...
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Saving Eurozone with a 'tweak' to German psychology
New Europe
In addition, Ireland and Portugal seem to have applied (more or less successfully) the financial salvation programme agreed with the EU-ECB-IMF troika. The only troubling exemption seems to be the stalemate between Greece's major opposition party New ...
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New Europe
Japan's Exports Fall; Cargo Shippers at 10-year Low
123Jump.com
In Europe, financial markets forced changes on the Portugal, Italy, Greece, Irelandand Spain after leaders failed to agree on debt reforms and cut spending. Spain, the third country to change its government in two weeks in Europe saw its government ...
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Monday Newspaper Review - Irish Business News and International Stories ...
FinFacts Ireland
The Irish Times reports that Spain yesterday became the fifth euro zone country after Portugal, Ireland, Greece and Italy to change its government under the shadow of the crisis in the currency. Mariano Rajoy, leader of the right-wing Partido Popular ...
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FinFacts Ireland
Brussels hopes eurozone's new governments will soothe debt fears
The Guardian
The commission's plans include monitoring of national economies going beyond that meted out to Greece, Portugal and Ireland. In effect, unelected officials would be able to veto national budgets of eurozone members. This follows the furore in Ireland ...
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The Guardian
Volatility to continue in the gold market : Maya Iron Ores
Myiris.com
``Gold prices fell last week, as the US dollar strengthened on mounting fears the European debt crisis is worsening, where yields on Italian bonds rose last week above 7%, a level that forced Greece, Ireland, and Portugal to seek bailouts, while yields ...
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The Austerity Regime
CounterPunch
With the International Monetary Fund, the European Central Bank and the newly created European Finance Stability Facility, austerity is currently working its way across Europe, slamming Greece and Ireland, infecting Portugal, Spain and Italy. ...
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Week in Review Part I: Europe, Washington and Wall Street
Forex Pros
Ireland and Portugal after having to take bailouts. Spain is on the brink of losing theirs. More opinion on this topic below. But for now the eurozone crisis worsened this week as technocrats Lucas Papademos of Greece and Mario Monti of Italy took ...
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War on Sovereign Ratings May Backfire on Bonds: Euro Credit
San Francisco Chronicle
Greece, Ireland and Portugal have had their bonds downgraded to junk during the crisis by Moody's Investors Service, a level which bars many fund managers from owning them. Moody's said today that rising yields are undermining France's creditworthiness ...
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Japanese Exports Decline as China Sees Prolonged Global Slowdown: Economy
Bloomberg
European policy makers have yet to contain the sovereign- debt crisis that caused bailouts of Greece, Ireland and Portugal and has sent the yield premiums on the debt issued by governments from Spain to Italy to the highest compared with benchmark ...
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Bloomberg
European stocks open down
Ninemsn
Spain's government was the latest to fall among the eurozone's so-called periphery nations this year after Ireland, Portugal, Greece and Italy all succumbed to a collapse of confidence in their sovereign debt. Mariano Rajoy, leader of the conservative ...
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Debt crisis rattles eurozone political landscape
Xinhua
Ireland's Brian Cowen was the first to fall prey to the crisis, after he failed to negotiate a better repayment terms on an international rescue package for Dublin. Then camePortugal's Socrates, who resigned in March over Parliament's rejection of his ...
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Debt-stricken Portuguese look to former colonies
Sin Chew Jit Poh
But two years of economic turmoil in the eurozone -- which has also embroiled Greeceand Ireland and threatens the bloc's third and fourth economies, Italy and Spain -- has shifted job focus elsewhere. For the Portuguese, not only do the former ...
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Asian Stocks Decline for Third Week on Europe, Chinese Property Concerns
Bloomberg
The MSCI Asia Pacific Index dropped 2.7 percent to 114.20 this week, extending a three-week decline to 8.4 percent, as bond yields in Italy andSpain surged near the 7 percent threshold that led Greece, Ireland andPortugal to seek bailouts. ...
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Bloomberg
Debt Commission Deadlock; Gilead Bids $11 Billion for Pharmasset
Ticker Magazine
Spain, Greece, Italy, Ireland and Portugal showed no urgency to cut spending and debts until financial markets imposed higher interest rates on the government borrowing that subsequently led to the fall of governments. European indexes edged lower on ...
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Random Thoughts: Debt, Spain, and Labor Pains
Minyanville.com
Speaking of which, Spain became the fifth European government to cave to the debt crisis, following Italy, Greece, Ireland and Portugal. As I offered last week, while everyone is focused on what will happen if Europe fails to adopt the austerity ...
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Another Change of Party in Europe as Crisis Continues | FDL News ...
By David Dayen
“We have been living as a very rich country,” he told BBC News. “People are used to ...This is the fifth European country to see a change in leadership during the debt crisis, with Spain joining ItalyGreecePortugal and Ireland. And yet we still ...
Firedoglake
Dialogues: USA Africa Dialogue Series - Gracias, Espana; Our God ...
By toinho
USA Africa Dialogue Series - Gracias, Espana; Our God Bless America Is Next. Gracias, Espana; our US, France and Britain are next!!! The anti-Afrikan guards in Italy, kaput; Greece, kaput\; Ireland, kaput; Portugal, kaput; and now Spain, kaput ...
Dialogues
Spain's PP won a crushing victory | Ya Libnan | World News Live ...
By syh
Spain is now the fifth euro zone country where the government has fallen victim to the debt crisis, following IrelandPortugalGreece and Italy. Voters fiercely punished the Socialists for failing to act swiftly to prevent the slide in Spain's fortunes ...
Ya Libnan
Spanish Conservatives Declare Landslide Victory In General ...
By darcprynce
Critics claimed that behind his refusal to be drawn on what the solution will be to the crisis that threatens to push Spain over the edge to follow GreecePortugalIreland andItaly, was the necessity to take a stream of belt-tightening measures. … ………… Scenes of jubilation in Madrid after it ... The Vanguardia newspaper alluded to Spain'sprecarious position in the wider euro zone crisis with 'Europe is watching us,' as it's main headline. The victory started looking likely earlier tonight ...
The Daley Gator
XE.com - REFILE-UPDATE 1-Spain election fails to soothe nervous ...
News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles. REFILE-UPDATE 1-Spain election fails to soothe ...Spain is the fifth euro zone member to have kicked out its government over its handling of the crisis, after ItalyGreecePortugal and Ireland, though individual efforts by new governments have done little buoy market sentiment. Italy's new technocrat government is working on austerity measures to balance the budget by ...
XE Forex News
BBC News - Eurozone debt web: Who owes what to whom?
FRANCE: SPAIN: PORTUGAL: ITALY: IRELAND: GREECE: ...
www.bbc.co.uk/news/business-15748696
Italy Bond Attack Breaches Euro Defenses as Crisis Worsens ...
At 1.9 trillion euros ($2.6 trillion), Italy's debt exceeds that of Greece, Spain, Portugaland Ireland combined, though unlike those nations, it has systemic ...
www.bloomberg.com/.../italy-bond-attack-breaches-euro-s-def...
Did you know Spain, Italy, Greece/Portugal, and Ireland can be ...
This would be funny if you hadn't copied it off Martin's question http://answers.yahoo.com/question/index;…
answers.yahoo.com/question/index?qid...
Eurozone's group of debt | Business | The Guardian
Spain, Italy, Greece, Portugal and Ireland's football teams are spread across four groups for Euro 2012.
www.guardian.co.uk/business/.../eurozone-crisis-group-of-deb...
Italy, Greece facing dismal economics, Spain speculated as next to ...
Spain's economic growth has also been significantly weaker than France or ... This agreement was not kept, as some countries such as Italy and Greece ...
www.oswegonian.com/.../italy-greece-facing-dismal-economic...
U.S. ... - Wilkes Telecommunications | Local: News & Information
U.S. banks had about $180.9 billion of debt from Greece, Ireland, Italy, Portugal andSpain on their books at the end of June, based on Bank for International ...
www.mywilkes.net/finance/index.php?display=story...
The 27 reasons to fear economic apocalypse | Features ...
They refuse to discuss bad news in case they “talk down the economy”. ... will default on their debt are Greece, Portugal, Ireland, Spain and Italy for sure. With Italyequalling the size of Greece, Ireland and Portugal times two in size, it's going to ...
www.londonlovesbusiness.com/1022.article
Pundits predict Greek and Italian default - Financial News
Exclusive Analysis also said it foresees a default by Spain following an exit of one or two of the PIIGS – Portugal, Greece, Ireland, Italy and Spain – from the ...
www.efinancialnews.com/.../pundits-predict-greek-and-italian-...
Italy-Pregnant BlackRock Sees Write-Downs Of 75-80% For Greece ...
just made the news following a report in Reuters that the firm anticipates massive haircuts in 3 of the 5 PIIGS. From Reuters: "Debt restructuring in Greece, Portugal andIreland with ... And that's not mentioning 50% on Spain and Italy ...
www.zerohedge.com/.../italy-pregnant-blackrock-sees-write-d...
Yet another Catholic country needs a bailout from the Protestant ...
Website of the Telegraph Media Group with breaking news, sport, business, ... Greece,Ireland, Portugal – and now it's Italy that will almost certainly need a ... of locusts the markets now have Spain in their sights; the Spanish state's cost of ...
blogs.telegraph.co.uk/.../yet-another-catholic-country-needs-a-...
Italian bond yields over 7% again - The Irish Times - Tue, Nov 15 ...
Italy prime minister-designate Mario Monti raced to assemble a new government today... worse in the next months with nations such as Italy, Greece, Ireland, Portugal andSpain forced to ... News alerts and crossword solutions to your phone. ...
www.irishtimes.com/newspaper/breaking/.../breaking6.html
Spain's People's Party wins election - RTÉ News
Nine News: Centre right party in Spain poised to win election ... of Ireland, Portugal,Greece and Italy and pushed Spain's borrowing costs to critical levels. ...
www.rte.ie/news/2011/1120/spain.html

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