Today: EUROZONE Crisis News, Dec 08, 2011

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Dec 8, 2011

EUROZONE Crisis News, Dec 08, 2011

Sarkozy, Merkel press debt plan with EU allies
USA Today
"If France and Germany are offering answers today, it's not just because they are the two largest economies of the euro zone," Fillon told members of the center-right European People's Party in Marseille on Wednesday. "It's also — recognize it, ...
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Debt crisis: live
Telegraph.co.uk
Eurogroup chief Jean-Claude Juncker said he hoped Britain would not stand in the way of a solid response to the eurozone debt crisis. Photo: EPA The Bank of England announced today it will hold interest rates and quantitative easing unchanged. ...
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Telegraph.co.uk
Eurozone crisis: live blog
Financial Times (blog)
Europe's leaders gather in Brussels today for another crunch summit. This time, we're told, it's different. Expectations are running high for a new grand bargain to restore sanity to the eurozone'sfinances and chart a course out of the debt crisis. ...
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Financial Times (blog)
EU Summit Kicks Off Today Ahead Of Expected ECB Rate Cut
ACM
However, it is highly likely that these overnight developments will soon be forgotten once today's long-anticipated EU summit kicks off. While a large amount of expectations management is already underway, we expect a marked increase in quoted rhetoric ...
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Eurozone concerns weigh on Australian share market
Herald Sun
AUSTRALIAN shares fell today after disappointing jobs data added to an already muted market tone as investors awaited the outcome of the eurozone debt crisis summit. Energy stocks posted the biggest losses after the price of oil fell, with the sector ...
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Eurozone watch, December 8
Financial News
Dow Jones FX Trader reported this morning that S&P's chief economist had claimed the EU would face "Serious Recession In 2012" if the summit failed. A second opinion really does focus the mind. There are no scheduled eurozone bond auctions today, ...
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Financial News
Daily Outlook - ECB and EU leaders Meeting today
Easy-Forex
Also in the European session we are going to see the EU leaders meet to discuss new ways of integrating the Eurozone more closely and this could spark a major rally or crash depending on how things evolve. Rating agencies are putting pressure on the EU ...
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EU threatened with downgrade ahead of key summit
PublicServiceEurope.com
by Daniel Mason Standard & Poor's, which earlier this week threatened to downgrade the credit ratings of 15 eurozonecountries, has today put the European Union itself on CreditWatch negative ahead of a crucial summit of EU leaders in Brussels today ...
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PublicServiceEurope.com
London Session: Will Draghi deliver the elixir to save the Eurozone?
FXstreet.com
Last week Draghi said that the Eurozone needed a stronger “fiscal compact” before any other action could be discussed, so we may need to wait to hear the conclusion of the EU summit before the ECB takes action, and the risk is thattoday's press ...
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Asia-Pacific stocks fall on EU summit doubts
India Infoline.com
But losses witnessed across the region were minimal on lingering expectations about positive outcome of the two-day EU summit starting later today to contain the region's debt crisis and hopes that the European Central Bank will announce interest rate ...
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EU meets for crucial eurozone summit
thenews.pl
Prime Minister Donald Tusk will be among EU leaders gathering in Brussels todayfor a crucial summit which could affect the future of the eurozone. President Nicholas Sarkozy and Chancellor Angela Merkel will be pushing at the summit for new treaties ...
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Oil mixed in Asia ahead of EU summit
Economic Times
SINGAPORE: Crude was mixed in Asian trade today ahead of a crunch European Union summit as doubts lingered over whether leaders can come up with a solution to the eurozone debt crisis, analysts said. New York's main contract, light sweet crude for ...
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FTSE ends day with heavy losses on Eurozone nervousness
Stock Market Wire
StockMarketWire.com - END-OF-DAY REPORT: Headline shares slipped to heavy losses by the close, as investors became increasingly nervous about theEurozone ahead of the EU summit in Brussels, and with ECB moves todaydisappointing. ...
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Shares down ahead of eurozone meeting
Stuff.co.nz
New Zealand stocks fell today, with investors cautious ahead of tonight's European Summit meeting where potential solutions for the euro zone debt crisis will be discussed. The NZX50 index dropped 0.5 per cent or 15.74 points to 3267.29. ...
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Former Thatcher Aide: Eurozone a Few Months From Breakup
Fox Business
Gardiner says a number of European governments are preparing printing presses to go back to their former currencies as a precaution -- as highlighted in today's Wall Street Journal. But Gardiner goes further, saying even European economic powerhouse ...
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The consequences of a euro zone breakup
Washington Post (blog)
... governments and banks and a commitment to launch a common Eurozonegovernment bond.” On the other hand, European Central Bank president Mario Draghi seemed to rule out direct aid from the ECB today, so that could complicate matter somewhat. ...
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'Mistake for ECB to operate outside EU'
BBC News
Chris Morris has been to Frankfurt to look at the role of the European Central bank in tackling the sovereign debt crisis in the eurozone which has caused turmoil on global stock markets. Get in touch with Today via email , Twitter or Facebook or text ...
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EU summit signals crunch time for Cameron amid Eurosceptic posturing
The Guardian
"The raw politics of this is that if there is a significant change in the balance of power in Europe, it would have deep implications for our future," Davis told the BBC's Radio 4 Today programme. "That is the point at which we have to have a ...
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The Guardian
News from the Eurozone Keeps the Markets Roiled
AdviceTrade
by Jerome "Mel" Hickerson Pessimistic talk out of Germany was raining on the Bull's parade early today as there were a number of reports about the potential for disappointment at this week's EU summit. Stock futures in the US were basically following ...
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Hahn wants louder Austrian voice in EU
Austrian Independent
He pointed out that 23 million people had no job in the EU-27. "What is a young person supposed to think if those in charge say everything could be over tomorrow? We need the spirit to manage today's challenges," the former Austrian science minister ...
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EU Morning Report- Asian shares plummet, focus on ECB policy meeting
Easy-Forex
Asian shares plummeted today as optimism in the market starts to fade. Comments from a senior German official dampened hopes for a progress towards a concrete plan to fight the eurozone debt crisis. Investors remain cautious ahead of the Interest Rate ...
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EU deal is 'red line' for French and Germans
BBC News
... on enforcing budgetary discipline in the eurozone and writing it into the EUtreaty. Europe editor Gavin Hewitt reports on how likely it is that a deal will be agreed on. Get in touch with Today via email , Twitter or Facebook or text us on 84844.
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Centre-right parties cook pre-summit deal
EurActiv
The annual congress of the European People's Party (EPP), which closes in Marseille today, is seen as a forerunner to the wider EU summit tonight in Brussels and gives a glimpse of things to come, EurActiv reports from Marseille. ...
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Oil mixed in Asia ahead of EU summit
NDTV
Crude was mixed in Asian trade today ahead of a crunch European Union summit as doubts lingered over whether leaders can come up with a solution to theEurozone debt crisis. Crude was mixed in Asian trade today ahead of a crunch European Union summit ...
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Trying to extend tax break and jobless benefits...S&P warns EU on rating
9&10 News
WASHINGTON (AP) — House Republicans meet privately today in hopes of hammering out an agreement on legislation to renew this year's Social Security payroll tax cut and extending benefits for the long-term unemployed. Top House Republicans hope to vote ...
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IMF not to play major role in eurozone rescue | The Baltics Today
By The Baltic Course | Baltic States news & analytics
Hopes that the International Monetary Fund (IMF) will save Europe are likely to be dashed, as key players on its board believe that while the Washington-based lender should play some role, the eurozone has enough resources to solve the ...
The Baltics Today
EU summit: Scrabbling to extend euro road — RT
By RT
The Merkozy plan is number one on the agenda of the rescue summit in Brussels touted the “last chance” to save the euro. But it could lead to a split of the union, if non-eurozone EU countries refuse to accept the amendments.
News RSS : Today
The Clock is Ticking, Will It Be Today or Friday – Be Ready :: The ...
By Danny Stewart
That is why Chancellor Merkel of Germany issued an ultimatum for all the 17Eurozone*countries using the Euro at the European Union** (EU) Summit todayand Friday. If all the countries agree, they are giving up much of their national ...
The Wall Street Shuffle
European Union leaders prepare for crunch summit: live | Business ...
By Rupert Neate
19:30: Eurozone crisis talks kick off in Brussels. 9.21am: ITV News economics producer Jess Brammar tweets that a German paper reckons the UK wants out of Europe. Twitter icon. Front page of Die Welt in Germany today: London Wants To...
Blogposts | guardian.co.uk
Jan Zahradil and Martin Callanan: The Eurozone is within its rights ...
By Conservative Home
Jan Zahradil MEP is chairman of the European Conservatives and Reformists group and member of the Czech ODS party - the party of the Czech Prime Minister. Martin Callanan is leader of UK Conservative MEPs. EU leaders will be taking...
ConservativeHome's Platform
Sarkozy, Merkel press debt plan with EU allies « News Hub Today
By NewsHubToday
December 8, 2011. MARSEILLE, France – The leaders of France and Germany hoped to rally fellow European conservatives on Thursday around their latest bid to save the euro currency from collapsing under the weight of huge state debt. ...
News Hub Today
Is America's Role as the World's Leading Power Now Coming to an ...
By John Collins
Leadership implies followers. Today the rest of the world still looks to America for leadership and nowhere else. No potential alternative leading power has any followers. Impoverished third world states and more recently an impoverished EU ...
International Affairs at LSE
Daily Outlook – ECB and EU leaders Meeting today
By ForexPromos-Admin
U.S. Dollar Trading (USD) most currencies were very subdued as traders wait for tonight's main event of the week out in the ECB Rate meeting. Also in the European session we are going to see the EU leaders meet to discuss new ways of ...
Forex Bloggers
The Euro: What If …, 08/12/11, Mark Harrison's blog
By Mark Harrison
In other words, the Eurozone today is no more of an optimal currency area than it was in 1999 when the Euro was launched. The peripheral countries have not made their markets more competitive. With rare exceptions, labour is unwilling to ...
S&P places EU, big European banks on negative watch
S&P places EU, big European banks on...The move Wednesday, which came after the rating ag...The decision will be made "as soon as possibl...The agency also said it will lower the long-term i...The ratings on Austria, Belgium, Finland, ...
Daily News Headlines | Today's...
S&P warns of downgrade for entire eurozone - TODAY News ...
Standard & Poor's threatened Monday to downgrade the credit rating of 15eurozone countries, piling pressure on the currency union's leaders to take radical...
today.msnbc.msn.com/.../sp-warns-downgrade-entire-eurozon...
Déjà Vu? Eurozone Crisis Today vs. 2008 Subprime Crisis
The market is manically reacting to every piece of news out of Europe while investors are wondering whether we're setting up a repeat of 2008.
www.schwab.com/public/schwab/.../sonders_112811.html
Stock Market Closes Mixed Today on EU Crisis Concerns
Markets reacted cautiously today amid ongoing EU crisis concerns. The Dow Jones gained 52 points while the NASDAQ and S&P 500 were relatively ...
www.ira.com/stock-market-mixed-today
Sarkozy, Merkel press debt plan with EU allies
"If France and Germany are offering answers today, it's not just because they are the two largest economies of the euro zone," Fillon told members of the ...
www.usatoday.com/news/world/story/2011-12-08/.../1
Pakistan, the Eurozone, and Presidential Travel — Today's Q's for ...
TAPPER: Just to follow on a couple of questions that have already been asked, on Pakistan, the president is not making any conclusions about what happened.
abcnews.go.com/.../pakistan-the-eurozone-and-presidential-tra...
BBC Radio 4 Today Programme – Eurozone downgrade warning a ...
Terry Smith interviewed on the Today Programme, BBC Radio 4, about the decision late last night by Standard and Poor's to review the credit standing of 15...
www.terrysmithblog.com/.../bbc-radio-4-today-programme-eu...
Today on the Eurozone Crisis - EconLog - Library of Economics and ...
Recent Entries. close. ARNOLD KLING. December 7, 2011. Today on theEurozone Crisis. December 7, 2011. Alex Tabarrok Talks His Book. December 7, 2011 ...
econlog.econlib.org/archives/2011/.../today_on_the_eu_2.htm...
Where next for the Eurozone? « thecurrentmoment
Nazism and Stalinism presented themselves as viable national alternatives to the status quo. There is no such pressure of alternatives on the Eurozone today. ...
thecurrentmoment.wordpress.com/.../where-next-for-the-euroz...
Belgium forms government as four eurozone states plan bond ...
A bond auction in Belgium will kick off another week of fear and loathing in theeurozone today as four key countries including France, Italy and Spain hope to ...
www.guardian.co.uk/.../belgium-gets-coalition-government
Spreading Eurozone Contagion | Veterans Today
Jimmy Carter was a charter member. TC today has enormous global influence. Its power broker members explain why. Many come from EU member states. ...
www.veteranstoday.com/2011/.../spreading-eurozone-contagi...

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