EUROZONE Crisis News, May 13, 2013

Euro zone crisis has given ammunition to fiscal hawks: Paul Sheard, Standard ... Economic Times Euro zone crisis has given ammunition to fiscal hawks: Paul Sheard, Standard & Poor's. Deepshikha Sikarwar & Vinay Pandey, ET Bureau May 7, 2013, ... There is a strong view in the US policy debates that large deficits and rising debt are problems that... See all stories on this topic »

Eurozone crisis hits German surplus - The Star Online The Star Online ... are being weighed down by the eurozone debt crisis, according to data, amid otherwise promising signs. Seasonally-adjusted data showed that Germany's trade surplus fell slightly in March to 17.6 billion euros (US$23bil) from 17.7 billion euros in ... See all stories on this topic »

France to keep up reform pace after EU gives it more time: Moscovici Chicago Tribune BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union ... See all stories on this topic »

Euro Zone Crisis: If Austerity in Spain Isn't Eased Up, There Will Be ... PolicyMic The financial crisis that started in 2008 became a sovereign debt crisis in Europe. ...In Europe, it is has become a political problem and no fiscal or economic solution would solve the sovereign debt problem and prevent the euro zone from collapsing. See all stories on this topic » PolicyMic

Analysis: Malta unlikely to follow Cyprus into crisis Chicago Tribune The unemployment rate, at 6.4 percent, is around half that of the euro zone, debt as a proportion of GDP is 72 percent, below the euro zone average, and the deficit is in check. All of Cyprus's pre-crisis ... This leaves the economy exposed to ... See all stories on this topic »

EURO GOVT-Debt syndication talk sends Spanish yields higher Reuters Some analysts say the trend of narrowing yield spreads between German Bunds and the rest of theeuro zone debt is likely to resume as no major central bank is expected to shift away from an ultra-easy policy stance any time soon. "There is a lot of ... See all stories on this topic »

Good Omens But No Guarantees for Portugal Wall Street Journal People walk under the arches of Portugal's Finance Ministry headquarters in Lisbon. But while the ... As he described it then, the ECB would be willing buy unlimited amounts of euro-zone sovereign debt of up to three years in maturity if the country in ... See all stories on this topic » Wall Street Journal

Joblessness Up Again in Greece, Portugal Wall Street Journal The jobless rate in two of the euro zone's crisis-hit members continues to rise, with youth unemployment surging in both Greece and Portugal. Both countries have had to seek financial help from the European Union and the International Monetary Fund ... See all stories on this topic »

German finance minister softens stance on EU bank union Reuters A banking union is critical to Europe's efforts to overcome the euro zone's sovereign debt crisis. A first step involves creating a Europe-wide banking supervisor under the European Central Bank, to be followed by a scheme for bank resolution - closing ... See all stories on this topic »

European investors split over 'rise of markets' AFP PARIS — A majority of European investors believes that the eurozone debt crisis is still a threat to financial markets which are rising strongly despite weak activity in Europe, Fitch Ratings agency said in a report on Monday. The findings were based ... See all stories on this topic » AFP

Eurozone crisis live: First Cyprus aid payment approved The Guardian The document adds to evidence that the debt-laden country still faces big hurdles to standing on its own feet, despite the fiscal progress made by its coalition government and about 200 billion euros in rescue loans it has obtained from the EU/IMF ... See all stories on this topic »

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