Today: EUROZONE Crisis News, May 06, 2013

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May 6, 2013

EUROZONE Crisis News, May 06, 2013

There is No Debt Crisis In Europe - Wall Street Pit
Wall Street Pit
Note that causality runs from a weakened economy allowed by the ECB to a debt andfinancial crisis in the Eurozone, not the other way around. This is a point Ramesh ...Monetary policy therefore remains very tight in the euro zone overall. One effect ...
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Wall Street Pit
President Higgins intervenes in political debate on euro zone debt crisis
Irish Times
President Michael D Higgins has intervened directly in political debate on the euro zone debt crisis, criticising the response of European leaders and the actions of the European Central Bank. In some of his most forthright public ... “It would have ...
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Irish Times
Gulf Monetary Union still has currency despite Eurozone crisis
Al-Arabiya
A Gulf Monetary Union (GMU) has been in sterile discussions for more than a decade. The Gulf countries first decided on a common currency in 2000 and were hoping to achieve it by 2010 but the GlobalFinancial Crisis and Euro zone crisis threw a wrench ...
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Glance: Key ECB measures to calm eurozone crisis
NorthJersey.com
UNLIMITED BOND BUYS: In 2012, high borrowing costs were threatening to push indebted countries such as Italy and Spain into a financial collapse that could have broken up the euro. Draghi took a major step toward calming the eurozone crisis by ...
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Greek Minister Sees Signs of Recovery
Wall Street Journal
Greece's crisis-ravaged economy, now in a sixth year of recessionary freefall, is beginning to turn the corner while the country's efforts to mend its public finances could allow it to return to financial markets as early as next year, the country's ...
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Analysis: What taxpayer bailouts? Euro crisis saves Germany money
Chicago Tribune
Yet despite three-and-a-half years of debt and banking turmoil, with bailouts totaling more than 400 billioneuros, northern euro zone taxpayers have not actually lost a cent. What is more, governments in Germany, Finland, Austria, the Netherlands and ...
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President Higgins praised for slamming EU leaders and ECB's response to euro ...
IrishCentral
Irish President Michael D Higgins chimed in on the Eurozone debt crisis this week, criticizing the response of European leaders and the actions of the European Central Bank. The Irish president condemned the failure of EU ... “It would have been of ...
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IrishCentral
Michael Casey
MarketWatch
NEW YORK (MarketWatch) — Among the many lessons to take from former New Jersey Governor and banker Jon Corzine's fall from grace is that timing is everything in financial markets. If Corzine had ... MF Global's bankruptcy in October 2011 was triggered ...
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French economy in crisis - Pakistan Observer
Pakistan Observer
Thursday, May 02, 2013 - As the Euro Zone crisis continue unabated and one after other the member countries continue to fall victim to this never-ending meltdown, the list is getting longer and longer and deeper and deeper. This time it is the French ...
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Greek FinMin Sees Signs of Recovery, Return to Markets
Wall Street Journal
By KLAUS BRUNE AND ALKMAN GRANITSAS. Greece's crisis-ravaged economy, now in a sixth year of recessionary freefall, is beginning to turn the corner while the country's efforts to mend its public finances could allow it to return to financial markets as ...
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Eurozone crisis actually saves Germany money ... - Financial Post
By Jan Strupczewski, Reuters
Despite more than 3 years of debt and banking turmoil, with bailouts totalling more than 400 billion euros, northern eurozone taxpayers have not actually lost a cent — in fact they've saved billions.
Financial Post - Top Stories
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