Today: IRELAND, Portugal, Spain, Italy, Greece News, Jan 03, 2012

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Jan 3, 2012

IRELAND, Portugal, Spain, Italy, Greece News, Jan 03, 2012

Euro Calendar: First-Quarter's Key Dates
Bloomberg
23 Spain redeems 9.5 billion euros of treasury bills. Portugal redeems 2.8 billion euros of treasury bills. Greece redeems 1.6 billion euros of treasury bills. 26 Belgium sells bonds. 27 Italy sells bonds. 28 Italy sells bills. ...
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French, Spanish Bond Yields Rise
Wall Street Journal
Italian bond yields meanwhile eased off their highs with traders citing purchases by the European Central Bank, although the 10-year yield was still just shy of the psychologically crucial 7% mark that in the past toppled Greece, Ireland, andPortugal. ...
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DIARY - European Market Holidays to December 2012
Reuters
... Good Friday Ireland - Good Friday Italy - Good Friday Luxembourg - Good Friday Netherlands - Good Friday Poland - Good Friday Portugal - Good Friday Slovakia - Good Friday Slovenia - Good Friday Spain - Good Friday Sweden - Good Friday Switzerland ...
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Monti Prescribes 'Aspirin' for Debt Ache
Bloomberg
... with Italy, the region's second-biggest debtor after Greece. The nation must repay about 130 billion euros in debt in the first quarter with its 10-year bond yield close to the 7 percent level that led Greece, Ireland andPortugal to seek bailouts. ...
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Bloomberg
World's Biggest Economies Face $7.6T Debt
Bloomberg
The ECB has bought about 212 billion euros of government bonds since starting a program in May 2010 to contain borrowing costs for Greece,Portugal and Ireland. It began buying Spanish and Italian debt in August, according to people familiar with the ...
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Bloomberg
Germany prospers as Greece withers
Examiner.com
Harsh austerity will continue in Greece, Italy, Ireland, Spain and Portugal. The ECB is still refusing to buy debts of Eurozone members at the behest of Germany which believes that the bank should only focus on inflation. Spain has cut 9 Billion euros ...
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2011 Review: crisis and expansion
Southeast European Times
The debt crisis, which started in Greece in 2010, spread to Ireland and Portugal, and continued towards core eurozone nations such as Italy and Spain, the third- and fourth-largest economies in the club. In the past 12 months, international ratings ...
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EU CRISIS ROAD MAP: Key Milestones Ahead
Wall Street Journal
Portuguese T-bill auction --Friday, Jan. 20: Troika talks in Greece expected to end.Ireland's troika of lenders releases its latest quarterly review of the country's bailout. --Monday, Jan. 23: Euro-zone finance ministers meeting. ...
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Pressure rises on Europe as bond sales loom
Sydney Morning Herald
Italy's 10-year yield ended 2011 near the 7 per cent mark that led Greece, Ireland andPortugal to seek bailouts. Spain's equivalent yield finished the year just above 5 per cent. Italian 10-year yields dropped 13 basis points to 6.97 per cent ...
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Is the Euro Crisis Over?
Real News Network
What happened, at least in Spain, Portugal, and Ireland, in Italy and Greece things were different because of deficit increase and because of debt in Italy. And that--you know, for those two countries, the budget played a much larger role. ...
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Good Start - Follow-Through Key
Equities.com
Its members include: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands,Portugal, Slovakia, Slovenia, and Spain. While the goal of single currency originated with the European Economic ...
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Equities.com
Key moments in the unfolding euro crisis that blighted 2011
Irish Independent
Bailout three gives the lie to the notion that rescuing Greece and Ireland prevented the further spread of financial contagion. Investors wonder which country will be next and settle on Spain, Italy and Belgium as the next most vulnerable borrowers. ...
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Derivatives will be more lucrative in 2012: Risk.net poll
Risk.net
That's despite the ongoing sovereign debt crisis in Europe, which has already resulted in bail-outs of Greece, Ireland and Portugal. Other countries – notably Italy and Spain – have also come under pressure, and even France could lose its top-notch ...
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Risk.net
In a surprise, ECB official Peter Praet takes over from Juergen Stark as ECB ...
Washington Post
Greece, Portugal and Ireland have needed bailouts after they could no longer borrow to refinance their debts, and Italy and Spain have been under strong market pressure as well. The central bank has loaned heavily to eurozone banks to keep credit ...
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Busy year for Irish abroad
The New York Irish Emgirant
In 2011, by far the highest number of consular emergencies for the Irish abroad were dealt with in Spain, followed by Australia, the US, Britain, Thailand, France, Portugal, Poland, Turkey, the Netherlands, Canada, Germany, Italy, New Zealand, Greece ...
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More public spending to support Eurozone employment
New Europe
In any case, Spain will also soon be another player in the Greek tragedy – as for Portugal and Ireland, it is only the latter country that seems to be heading towards a growth path, albeit very slowly. This is because Irishpeople are accustomed to ...
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New Europe
The Dollar Trap Is Sprung
theTrumpet.com
America is only marginally better than Italy. When you account for unfunded liabilities, America's debt shoots to over 500 percent of gdp—which is way beyond Italy, Ireland,Portugal or Spain's unfunded liabilities. Of the piigs group, only Greece is ...
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Collateral Damage
Jutia Group
[Note: For those not familiar, the flags represent the US, Japan, Germany, France, Britain, Portugal, Italy, Ireland, Greece, and Spain, in order.– JM.] We explored this option in our last paper (Back to Mesopotamia: The Looming Threat of Debt ...
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The Myth of the Pro-German ECB
Wall Street Pit
Greece and Italy are no better or worse off with a 2% trend rate of inflation, or an 8% trend rate (except for second order effects such as the distortions produced by the taxation of nominal income from capital.) I recall attending a European ...
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Telefónica, DT Poised to See Mobile Churn Problems in 2012
Vision 2 Mobile
Yankee Group expects Greece, Italy, Spain, Portugal and Ireland to be most impacted by economic problems in 2012, but the UK and France will also struggle with higher unemployment a decline in consumer confidence. It's anticipated that customers will ...
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Markets News: German employment at record high in November; Unemployment at ...
FinFacts Ireland
This places Ireland in a similar bracket as the northern European countries, with activity contracting but well above the readings registered by Italy, Greece and Spain. That said, it should be remembered that theIrish PMI only gives a broad ...
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FinFacts Ireland
European Grads Target China Job Market for Employment
Voice of America
"We've got a lot of people coming in from Ireland, Spain Italy, economies in Europe that aren't doing so well," she said. They have seen the number of European graduates apply for their Chinese internship programs double every year since 2008. ...
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Despite magical experiences when studying abroad, there's no place like home
OSU - The Lantern
Whether it was a cab driver in Ireland or a host at a hotel in Italy, it was incredible to meet people from all of these different countries and hear their stories. My host mom, for example, was absolutely incredible. She was a widow and ran her ...
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Guest column: Living with the illusion of prosperity
The Province
A major explanation given for the crushing indebtedness of Greece, Italy, Spain and other European Union members is that the advent of the euro as a common currency gave them access to credit at much lower rates. So, because they could borrow, ...
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Dnata acquires leading online travel agency
gulfnews.com
The company has recently launched sites in Ireland, Spain and Italy and with further expansion plans across the rest of Europe, Travel Republic is on target to become one of the largest travel companies in the European region. ...
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If surpluses cause as many problems as debts, maybe we need to tax creditors
The Guardian (blog)
Poor old Spain, Italy, Greece, Portugal, Ireland and even France must live with higher exchange rates than is realistic given the poor state of their economies. They must also live with the ECB's tight monetary policy. They are stuck paying back ...
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The Guardian (blog)
France and Germany to test nerves with £11 billion auction
Evening Standard
Struggling Italy managed to get two debt auctions away over the Christmas break but was forced to pay almost 7% to borrow for 10 years, a level previously triggering bailouts in Portugal, Greece and Ireland.Spain and Italy will be bidding to raise a ...
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Evening Standard
Indonesia's Pension Fund Is Bearish on Commodity Stocks
BusinessWeek
Two years of European summits have failed to contain a debt crisis that has led to bailouts of Greece, Ireland and Portugal and now threatens Italy and Spain. The euro-area economy is likely to slip back into a recession and its leaders' new plan to ...
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The Risks To The Global Financial System In 2012
Seeking Alpha
While this will keep Italy, Spain, Portugal and Ireland financially afloat for a longer period of time, it may collapse troubled EU banks sooner (the real epicenter of the debt crisis). Half way across the globe, problems are emerging in China. ...
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10 Low Probability Possibilities For 2012
Seeking Alpha
Currently, the following 17 member states of the EU use the euro: Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, The Netherlands, Austria, Portugal, Slovenia, Slovakia, and Finland. 6. IBM, CL, MCD, MA, KO, ...
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Forecast of Events That Could Affect Gold and Silver Prices in 2012
Coin Update News
High on the list of nations that may officially default on at least some of their debt in 2012 are Greece, Italy, Portugal, Ireland, Hungary, Spain, and France. It would not be a total joke to add the United States to this list as many state and local ...
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Coin Update News
From economics to elections, looking back and looking ahead
MinnPost.com
Eurosfear: The risk to Europe's (and the world's) financial structure posed by the PIIGS (Portugal, Italy, Ireland, Greece and Spain) is "clear and present." The debt in these countries is at or beyond 100 percent of their respective economies. ...
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MinnPost.com
The end of the Keynesian era
Aljazeera.com
Several countries - Greece, Spain, Italy, Portugal and Ireland - have already reached the point where they would have defaulted if left to the private markets. Several other countries, including Japan and Belgium, are not far from default, ...
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Aljazeera.com
Wien Sees Oil Falling to $85, S&P 500 Topping 1400 in 2012
San Francisco Chronicle
4.) Barack Obama runs against Mitt Romney for president, Democrats win House, lose Senate. 5.) Europe develops a broad plan to solve the sovereign-debt crisis. Greece andItaly restructure their debt. Spain and Ireland strengthen their finances. ...
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Tips from the polyglots: Find out how your brain works
CBC.ca
She would go from English to Italian with her friend, to French with someone else. And then she picked up Spanish. Just picked it up as if it were an empanada at a street stall. But this woman's prowess still can't compare to someone like Alexander ...
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CBC.ca
2012 Should Sweeten 2011's Flat Pancake Markets
Seeking Alpha
With respect to the financial markets, the 2011 lumps came in the form of various unsavory events: * Never-Ending Eurozone Financial Saga: AfterIreland and Portugal sought bailouts, Greece added its negligent financial storyline to the financial soap ...
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Seeking Alpha
Why Germans Aren't Panicking
Slate Magazine (blog)
Among other things, the current situation strongly encourages the most talented Italian, Portugese, Irish, Greek, and Spanish workers to move to Germany which would further boost the German economy. Obviously, there are always lots of good reasons to ...
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Looking back at plastics in 2011
European Plastics News
Spain's Zanini struck a deal with Autocomponent group and Italy's Rototech Group announced a JV with Center-Capital. In the bioplastics world, Lanxess and BioAmber said they were teaming up to produce succnic acid-based plasticisers. ...
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Comment: Eurozone in Tatters part of the vanishing Cyprus series
Famagusta Gazette
If that was not bad enough, tiny Cyprus is also legally obliged to contribute 460 million Euros to shore up the IMF Eurozone bailout for countries in economic crisis such as Italy, Greece, Spain, Portugal and Ireland. The greatest misconception of all ...
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Famagusta Gazette
Europe's leaders warn of tough 2012
MindfulMoney
Business Week suggests that both Italy and Spain are trying to buy time, as the crisis begins to snap at their heels again. It notes that the 10 year yield on Italian debt ended 2011 near 7 per cent, a level that saw Greece, Ireland and Portugal to ...
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Europeans migrate south as continent drifts deeper into crisis ...
The Guardian, UK and World news, User comments, Web ... Tens of thousands of Portuguese, Greek and Irish people have left their homelands this year, many heading... Anecdotal evidence points to the same happening in Spain and Italy. ...
www.guardian.co.uk/.../europe-migrants-crisis-irish-portugues...
Greek, Italian Bonds Slide as Bunds Have Best Year Since 2008
Greek and Italian government bonds had their worst years on record as Europe's ...quell the turmoil that started in Greece and this year infected Italy, Spain and France.... that led Greece and Ireland to seek international bailouts last year and Portugal to follow with an aid request in April. .... Rate These Stories More News » ...
www.bloomberg.com/.../greek-italian-bonds-slide-as-bunds-ha...
Newsy | Is the Euro's Tenth Birthday Its Last? | Multisource Video ...
A multisource video news analysis service that highlights nuances in reporting from media ... Greece, Portugal, Ireland, Spain and Italy are all in financial trouble . ...
www.newsy.com/videos/is-the-euro-s-tenth-birthday-its-last/
Strikes Hit Greek Tax Offices as Spanish Pilots Walk Out - LinkNews
This included eurozone members Greece, Ireland, Italy, Spainand Portugal, the so-called ...
news.linktv.org/.../strikes-hit-greek-tax-offices-as-spanish-pilot...
International Roundup - The Globe and Mail
But the debt woes that have spread across Europe to Greece, Portugal, Ireland,Spain and Italy have put the euro on some experts' endangered currency list. ...
m.theglobeandmail.com/report.../article2289805/?...

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