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

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Jul 3, 2012

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

Finland Unwavering on Collateral as Spain Aid Terms Reviewed
San Francisco Chronicle
The other countries in the monetary union are Austria, Belgium, Cyprus, Estonia, France, Greece, Ireland, Italy, Malta, Portugal, Slovakia, Slovenia and Spain. Bond Purchases. The Nordic country yesterday questioned the ability of the permanent rescue ...
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European Central Bank to Cut Rates as Economic Gloom Deepens
HispanicBusiness.com
Draghi has called on Europe's political leaders to take action to solve the crisis that is now in its third year and has forced Greece, Ireland, Portugal,Spain and Cyprus to ask for bailouts. "The cut seems to be a done deal," said Commerzbank ...
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HispanicBusiness.com
Finland Firm on Collateral as Spain Aid Terms Discussed
Bloomberg
Finland underlined its determination to get collateral in exchange for loans toSpain's banks as the Nordic country targets similar terms to those won last year on its contribution to Greece's second bailout. ... The other countries in the monetary ...
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The EU Crisis from the Problem to the Solution (maybe) Part 1 of 2
FX Empire
The European policy makers have been busy rushing to find the solutions which had erupted from the debt woes of PIIGS (Portugal, Ireland, Italy,Greece and Spain). These sovereign and banking system risk have not developed overnight but have been ...
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Euro 2012 Summary – MVP, First XI and Top Scorers
Sportige
Once again, Spain. Some people thought Italy's improvement during Euro 2012 meant that they would peak in the final, but it wasn't to be. Many thought Germany, after a perfect group stage and four goals against Greece in the quarterfinals. Italywere ...
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Sportige
Monetary stimulus is much more fun when it buys you a holiday
New Statesman (blog)
All of the countries in trouble were holiday destinations - Greece, Spain,Italy, Portugal even Ireland. The ones weathering the storm were the colder, northern countries. Would it not make sense to encourage and incentivise holidays? [...] Hell, was ...
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STA International's European collections grow by 22% in 2012
Creditman
Five of the top ten countries STA collected from are the so-called PIIGS ofPortugal, Ireland, Italy, Greece and Spain, with Iraq and the USA being the only non-European markets to feature in the top ten. Colin Thomas, managing director, explains ...
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The fault lines beneath the euro crisis
Green Left Weekly
It is now clear even to German Federal Bank board members that the brutal austerity applied to the eurozone “periphery” ―Greece, Portugal, Spain, Ireland and Italy ― is not just bleeding these economies white, but starting to hurt the Eurozone “core ...
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Green Left Weekly
Brilliant finals capped by Spain's unique triumph
The Daily Star
Spain's triumph against Italy not only rekindled belief in what Pele called “the beautiful game” but it also established Spain beyond any doubt as one of the greatest international sides ever, following their initial triumph at Euro 2008 and in the ...
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Venizelos seeks Greek inclusion in EU deal for banks
Kathimerini
Socialist PASOK leader Evangelos Venizelos told a conference in Athens on Tuesday that he hoped Greece would be able to benefit from a European Union concession -- extended toSpain, Ireland and possibly Italy -- allowing the use of EU rescue funding ...
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Kathimerini
Ireland Makes Tentative Step To Market Access With Bill Auction
Wall Street Journal
But setbacks in Spain, Italy or Greece could quickly sour sentiment, and make Ireland's return to the bond markets more difficult. The yield onIreland's bond maturing in 2020--the closest the country has to a 10-year benchmark--was down 5bps at 6.17% ...
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Analysis: Sharing a vision may be Europe's biggest challenge
Reuters
GLOBAL MARKETS-Euro falls as EU deal doubts grow, economy weakens. Mon, Jul 2 2012. EU deal for Spain, Italy buoys markets but details sketchy. Fri, Jun .... As for Germany's opposition to euro bonds, Giuliani said the euro zone's extension of hundreds ...
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Euro 2012 was a tournament for the ages
The Star-Ledger - NJ.com
Here's the breakdown of the money paid by UEFA to the European Championship's 16 teams: Spain $29.1 million, Italy$24.7 million, Germany $20.2 million, Portugal $19 million, England $15.8 million, Czech Republic $15.2 million, Greeceand France $14.6 ...
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The Star-Ledger - NJ.com
Spain rules supreme, Italy returns home with pride
San Francisco Chronicle
A devastating show of possession football and finishing guidedSpain to a 4-0 victory over Italy on Sunday at the Olympic Stadium in Kiev. Helped by its opponent being reduced to 10 men by injury after 64 minutes, the Spanish were just too good for a ...
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San Francisco Chronicle
Letter from Europe: football, finance and politics
ABC Online
This leaves the eight EU eurozone countries: France, Germany, Greece, Ireland, Italy, Netherlands, Portugal andSpain. This 'euro-ised' group constitutes 50 per cent of qualifiers ... but all four semi-finalists are eurozone nations. UEFA's concerns ...
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ABC Online
EU bank bailout ploy opens up Pandora's box
QFINANCE.com (blog)
Once the implications of this filter through to the policy makers and citizenry of those states already under the austerity lash, namely Greece, Ireland and Portugal, we can expect some interesting discussions to emerge. What EU ... Cursory arithmetic ...
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QFINANCE.com (blog)
NEWS ANALYSIS: Compromises have weakened Merkel, but the fight is not over
Business Day
Better terms for Spain, Italy and Ireland will toughen the Greeks' demands for their own concessions. Greece has left the radar screen for the time being, because of new Prime Minister Antonis Samaras' absence from Brussels. Ms Merkel did not mention ...
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Debt crisis: live
Telegraph.co.uk
France slashed its growth forecasts as the country's new socialist government outlined plans for the next five years, while Spain said it would take additional steps to cut its deficit target and aid teams started trawling through Cyprus' finances ...
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Telegraph.co.uk
Sharing a vision may be Europe's biggest challenge
Reuters India
As for Germany's opposition to euro bonds, Giuliani said the euro zone's extension of hundreds of billions of euros in loans and guarantees to bail outGreece, Ireland and Portugal, and now Spain and Cyprus, already constituted a mutualisation of ...
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German Party Leader Threatens To Axe Coalition
Spiegel Online
Meanwhile, there was speculation in financial markets that Slovenia may become the sixth euro-zone member to seek aid after Greece, Ireland, Portugal, Spain and Cyprus. A spokesman for the European Commission declined to comment. cro -- with wire ...
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Spiegel Online
Finns, Dutch cast first doubt on EU summit deal
EurActiv
Finland and the Netherlands, the eurozone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc's debt crisis. The Finnish government told ...
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Lessons From Latvia, Austerity's Showcase?
Seeking Alpha
Clearly, this isn't a viable solution for the likes of Spain, Ireland, Portugal,Italy and Greece, where debt levels are high. Latvia At first (and even second) sight it is curious why Latvia was willing to undergo the biggest recession in modern times ...
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Finns, Dutch cast first doubt on euro zone deal
Firstpost
HELSINKI (Reuters) - Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spainand Italy from being engulfed by the currency bloc's debt crisis.... The ...
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Firstpost
Sluggish Economy Plagues Europe
Wall Street Journal
"There are definitely effects from the weakness in Southern Europe, not just Greece," she said, although increased orders from U.S. clients, helped in part by the softer euro, have offset some of that decline. She isn't ... Spain's problems are ...
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Wall Street Journal
I'm Not Confused
Town Hall
I can understand the latter, but not the former. Neither entity, however, employs many people so it would seem that on a per dollar and per job basis, Spain is not getting a very good bang for the buck. It's the same story for Greece, Italy, Portugal ...
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Eurozone crisis live: Troika returning to Greece
The Guardian
12.08pm: Greek Socialist Pasok leader Evangelos Venizelos said today that he hoped Greece would be able to benefit from a European Union concession – already extended to Spain,Ireland and possibly Italy – allowing the use of EU rescue funding for the ...
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The Guardian
Euro 2012: Numbers tell a tale
Mid-Day
La Roja's 4-0 win over Italy was the biggest final win in European Championship history. In terms of passing, La Roja was way ... Spanish mid-fielder Xavi overtook France's Zinedine Zidane (843) as the footballer to have made the most passes in Euro ...
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Mid-Day
Ireland to dip toe in bond market for 1st time in nearly 2 years with sale of...
Washington Post
Analysts expect the new Irish bills to sell easily with yields of around 2 percent, similar to recent auctions of short-term treasury bills in Spain andItaly, both of which are seen as bailout candidates if eurozone financial chiefs fail to contain ...
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Europe? It's Got Nothing to Do With Me - Bozeman's News Talk Leader
By Tom Egelhoff
It would be pretty hard to argue that the United States is not heading down the same road as GreecePortugalSpain or Ireland. ... GreeceSpain,ItalyPortugal, are all members of the Eurozone and are having various financial problems.
AM 1450 KMMS - Bozeman's News...
Mikeb302000: Cheering on the PIIGS in Euro 2012
By noreply@blogger.com (Laci The Dog)
While the starting mood of Euro 2012 was marred by accusations of racism from the hosts Ukraine and Poland, I found my behaviour was guided more by wanting to cheer on the PIIGS (PortugalIrelandItaly,Greece and Spain), the countries ...
Mikeb302000
Greece, Ireland, Portugal, Spain, Italy — France? - EU Business ...
Greece, Ireland, Portugal, Spain, Italy — France? Published: Monday, 25 Jun 2012 | 9:39 AM ET. Text Size. By: Reuters. With a gaping public deficit and record ...
www.cnbc.com/id/47946397
Italy, Greece, Ireland, Portugal, Spain: Is it whites' DNA to ...
Italy, Greece, Ireland, Portugal, Spain: Is it whites' DNA to bankrupt most countries they touch? You rarely have heard Americans complain aboutItalian ...
answers.yahoo.com/question/index?qid...
Greece Spain Italy France Portugal Ireland are beggar-nations
Greece, Spain, and yes, France and Italy too, and not omitting Irelandand Portugal, are like beggars intent on getting enough alms to keep themselves alive for ...
www.theatheistconservative.com/.../greece-spain-italy-france-p...
The Global Macro Digest (R): Greece, Ireland, Portugal, Spain, Italy ...
Greece, Ireland, Portugal, Spain, Italy — France? With a gaping public deficit and record level of debt, the euro zone's second largest economy wants to be sure ...
gm-digest.blogspot.com/.../greece-ireland-portugal-spain-italy....
Debt crisis: as it happened June 25, 2012 - Telegraph
Visit our financial crisis page for more news and analysis. .... In Greece,Ireland, Italy, Portugal and Spain alone, drug companies have contributed more than 7 ...
www.telegraph.co.uk/.../Debt-crisis-as-it-happened-June-25-2...
Why Germany Will Pay Up to Save the Euro - NYTimes.com
They will discuss Greece's request to ease the terms of its $217 billion rescue ... needs of Greece, Ireland, Portugal, Spain and Italy through 2015 would cost ...
www.nytimes.com/.../why-germany-will-pay-up-to-save-the-e...
As Europe Moves To An "E-TARP", Goldman Is Selling Spanish ...
Output losses have been 11% in Germany, 23% in France, 32% in Italy, 37% in Portugal, 39% in Spain, 43% in Greece and a stunning 106% inIreland. 4.
www.zerohedge.com/.../europe-moves-e-tarp-goldman-selling...
Cyprus bailout may equal half its economy - World news - Europe ...
Cyprus bailout may equal half its economy. Island nation joins Spain,Portugal, Ireland and Greece in asking for emergency funding as Italy'sborrowing costs ...
www.msnbc.msn.com/id/47958222/ns/world_news-europe/
OECD : Euro-Zone Crisis Has Led To Emigration, But So Far Modest
Unemployment rates in Greece, Ireland, Portugal, Spain and Italy have risen sharply as their economies contract or grow only sluggishly and as governments cut ...
www.4-traders.com/.../OECD-Euro-Zone-Crisis-Has-Led-To-E...
TEXT-DBRS maintains Spain, Italy, Portugal, Ireland ratings under ...
TEXT-DBRS maintains Spain, Italy, Portugal, Ireland ratings under review ... on the EU-IMF loan programme for Greece, (3) funding conditions in Spain, Italy and .... Thomson Reuters is the world's largest international multimedia news agency ...
www.reuters.com/article/2012/06/.../idUSWLA908220120622
Eurozone crisis live: Markets cautious as politicians manoeuvre ...
France's Cac slipped 0.3% but Italy's FTSE MIB fell 1.11% and Spain'sIbex ... Greece's state-run news channel ERT is reporting that Vernikos announced the ..... To recap, that's Greece, Ireland, Portugal, Spain and Cyprus - quite the Club Med ...
www.guardian.co.uk/.../jun/.../moodys-downgrades-spain-agai...
OECD Says Euro-Zone Crisis Has Led to Some Emigration - WSJ.com
EUROPE NEWS; Updated June 27, 2012, 12:26 p.m. ET ... Unemployment rates in Greece, Ireland, Portugal, Spain and Italy have risen sharply as their ...
online.wsj.com/.../SB10001424052702303649504577492411...
More questions than answers but progress nonetheless | Stephen ...
On the other side you had the debtor countries: Ireland, Greece,Portugal, Spain, Italy. They wanted short and medium term debt relief, because without some ...
www.stephenkinsella.net/2012/06/30/5691/
Heavily exposed to Greece, Italy: France fights to avoid euro zone ...
Greece, Ireland, Portugal, Spain, Italy — France? With a gaping public deficit and record level of debt, the euro zone's second largest economy wants to be sure ...
www.hindustantimes.com/.../Article1-878739.aspx
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