Stocks Skid Amid Lack of Action From Leaders New York Times ... LONDON — Stocks tumbled in Europe and on Wall Street on Thursday led by banks, while bond yields gyrated amid intensifying concerns about the weakening global growth outlook and the euro zone's ability to find a path out of its debt crisis. ... See all stories on this topic » | |||||
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What does the eurozone deal really mean for Greece? Kathimerini “They do not have the potential to put an end to the debt crisis. Instead, the risk of contagion of other countries will increase. This is because the much too low haircut sends the message to the market participants that an even more significant ... See all stories on this topic » | |||||
No headway in Italy-EU talks as debt crisis deepens Oman Tribune LUXEMBOURG/ ROME Italian Finance Minister Giulio Tremonti and euro zone chief Jean-Claude Juncker had little to offer after talks on Wednesday as Italy and Spain risk being swamped by theeuro zone debt crisis. Despite mounting pressure on debt bonds ... See all stories on this topic » | |||||
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Calls Grow for Global Effort to Address Debt Crisis Wall Street Journal The US's dismal economic outlook and Europe's debt crisis—along with a string of disappointing economic reports around the world—are driving investors out of the dollar and euro and into the perceived safety of currencies like the Swiss franc and ... See all stories on this topic » | |||||
Eurozone Facing "Organized Attack" As Yields Rise-Greek Fin Min Wall Street Journal Since early last year, Greece has been at the center of Europe's widening debt crisis, which has gradually spread to other peripheral economies--like Portugal and Ireland--and now appears to be threatening some of the currency bloc's bigger members as ... See all stories on this topic » | |||||
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Global share markets jittery over debt fears Radio New Zealand World stock markets fell sharply on Thursday as worries about a global slowdown and the euro zone debt crisis intensified. Share markets in Europe dropped for a second day as investors feared the euro zone debt crisis could spread to Italy and Spain. ... See all stories on this topic » | |||||
Regulator asks UK banks to detail Belgium exposure -Lloyds Reuters The premium investors demand to hold 10-year Belgian debt over benchmark German Bunds rose to its highest since the launch of the euro earlier this week, as concern about the spreading euro zone debt crisis and a US slowdown spurred investors to switch ... See all stories on this topic » | |||||
German shares slump wipes 100 bln euros off DAX Reuters That marks a new phase in a euro zone sovereign debt crisis that has already taken a heavy toll on Greek, Portuguese, Irish, Spanish, and Italian stocks but had, until recently, spared the equity market of Europe's biggest economy. ... See all stories on this topic » | |||||
World markets tumble as Euro debt crisis intensifies National Business Review World sharemarkets have plunged on fresh fears the euro-zone debt zone crisis could intensify. On Wall Street, pushing both the Dow Jones Industrial Average and the Standard & Poor's 500 index have plunged into correction territory, ... See all stories on this topic » | |||||
Investment professionals increasingly concerned about euro zone debt Investment International The figures illustrate a growing lack of confidence as 65% considered this a significant challenge in the last quarterly survey, and only 51% saw the Eurozone debt crisis as a major challenge at the start of the year. The prospect of a second banking ... See all stories on this topic » | |||||
The wobbly West Times of Oman The eurozone sovereign-debt crisis appears to have been the worst-managed financial crisis since Argentina's default in 2001. The European Union and eurozone leaders have seriously discredited themselves. Europe requires institutional changes that are ... See all stories on this topic » | |||||
Hitting pause on the eurozone crisis Business Spectator I discussed the mechanics of the European debt crisis with him over the past week. Sarrazin is most well known these days for his outspokenness, or indeed bluntness, on the failures of the welfare state and multiculturalism. ... See all stories on this topic » | |||||
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Rating the Ratings Firms: An 'I' for 'Ignore' Wall Street Journal "We have to ask ourselves serious questions about the role they are playing in the crisis hitting certain countries in the euro zone," Michel Barnier, the EU official overseeing an overhaul of financial regulation, told Reuters. As a result, the EU has ... See all stories on this topic » | |||||
Futures Tumble Amid Euro Zone Jitters CNBC.com Futures briefly cut some of their earlier losses Thursday after investors cheered the weekly jobless claims numbers, but quickly plunged again, pressured by fears over the euro zone debt crisis and as the dollar surged against a basket of currencies. ... See all stories on this topic » | |||||
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EU president urges fast approval of Greek aid Kathimerini The head of the European Council, Herman Van Rompuy, called on Wednesday for eurozonemembers to speed up their approval of the latest support package for Greece amid growing concern that Spain and Italy will be engulfed by the debt crisis. ... See all stories on this topic » | |||||
A look at economic developments around the globe Forbes European Commission President Jose Manuel Barroso urged eurozone leaders to make further changes to their bailout fund - including boosting its size - to ensure it can effectively stem the debt crisis that has rocked the currency union for 21 months. ... See all stories on this topic » | |||||
Cyprus, France and the euro-zone crisis The Economist Bank of Cyprus, the country's largest lender and a crucial investor in government debt, warned this week that the sovereign faced an “imminent” bail-out. Help may yet come from outside the euro zone. Thanks to amenable bankers and double-taxation ... See all stories on this topic » | |||||
Czech Central Bank May Keep Interest Rate at Record Low on Euro Debt Woes Bloomberg The euro area's debt crisis, which is threatening to spread to Italy, has reduced chances Czech policy makers will follow their counterparts across Europe in raising borrowing costs to curb inflation. Even with the Czech economy expanding faster than ... See all stories on this topic » | |||||
Euro zone growth weakens as Germany, France ebb - PMI Reuters UK The data will provide little cheer for policymakers, coming as the 17-nation bloc struggles through adebt crisis that has so far engulfed Greece, Ireland and Portugal and shows little sign of waning. The Markit Eurozone Services Purchasing Managers' ... See all stories on this topic » | |||||
Slovakia: August 2011 FXstreet.com In response to the debt crisis, we slightly increased the end-2011 estimate of the Slovak bond yield. In the real economy, the downside risks for real GDP growth has increased due to both worse indicators from the Eurozone and sentiment in Slovakia. ... See all stories on this topic » | |||||
Signs of Stress on the Rise Across Europe Wall Street Journal By DAVID ENRICH And CARRICK MOLLENKAMP The European sovereign-debt crisis placed new strains on the Continent's banks on Wednesday amid signs that some lenders are finding it harder and more expensive to fund themselves. ... See all stories on this topic » | |||||
ECB might renew its Gov't Bond Buying program FXstreet.com €2.5-3.5B indicated range in 3.4% 2014 and 2015 Bonds - EU leaders feel the strain from the debt crisis. Dealers note that the defense of Spain and Italy will decide the Euro Zone's future - European shares were higher during Thursday's session ... See all stories on this topic » | |||||
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Stock ETFs Down on Euro Jitters; Japan Intervenes to Halt Yen ETF Trends In Europe, the iShares MSCI Italy (NYSEArca: EWI) was set for a sharply lower open as a speech by Prime Minister Silvio Berlusconi failed to soothe markets. [Italy ETF Feeling Heat of Debt Crisis] See all stories on this topic » |
Eurozone bailout fund 'needs boost' - timesofmalta.com By PA Eurozone bailout fund 'needs boost'. The eurozone needs to make further changes to its bailout fund - including boosting its size - to ensure it can stop the debt crisis from drawing in big economies like Italy and Spain, a top European Union official said. ... However, the accord failed to stem rising panic on financial markets over the ability of Italy and Spain - the eurozone's third and fourth largest economies - to repay their debts. Although the yields, or interest ... timesofmalta.com |
Tremonti, Juncker held debt crisis talks | The Independent Daily By Independent News Service The talks followed a new day of drama on financial markets as Italy and Spain faced soaring borrowing costs that threaten to sweep the eurozone's third and fourth-biggest economies into a widening Greek-style debt crisis. ... The Independent Daily |
Euro markets steady ahead of Spain auction, ECB - MAARS News By Valkyries (Reuters) – Euro zone sovereign bond markets steadied Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis. ... Yields of Italian and Spanish 10-year bonds fell in early trading before an auction in which Spain planned to sell up to 3.5 billion euros ($5 billion) of government paper after crisis telephone consultations with European Union authorities . ... MAARS News |
The debt crisis could delay a further rise in ECB rates ... By B.B debt crisis could delay a further rise in ECB rate. Photo of the News. Photo: Reuters. MADRID, Aug. 4 (EUROPA PRESS) –. The new surge in the crisis of sovereign debt in the euro zone, which has led to the Spanish risk premium to exceed ... Inversis responsible for managing Bank, Fernando Hernandez, emphasizes the importance of the meeting of the ECB Governing Council, held at a “delicate” in the markets with risk premiums on the periphery of the Eurozone new “shot” and ... Economics Newspaper |
The eurozone crisis requires a radical solution By John Ellis Follow us on Facebook and get updates from Politics posted directly to your news feed. Enter you email address and zip code to set up customized email alerts. ... Germany absorbs the deadbeats'debt, in exchange for first lien on all the assets across the eurozone (more or less). 3. The Geuro and the Euro. The Geuro is Germany and a handful of others who have their act together. The Euro is the deadbeats and the extend and pretenders. France, as one expert told us this ... Politics |
Guess what? The Finpocalypse is upon us. Now. | eats shoots 'n leaves By richardbrenneman The latest news from Europe is nothing less than catastrophic, and Wall Street has taken notice. The U.S. debt ceiling farce, the implementation of the Koch brothers mandate to destroy government, was merely the latest trigger, ... European Commission President Jose Manuel Barroso has warned that the sovereign debt crisis is spreading beyond the periphery of the eurozone. In a letter to European governments, he called on them to give their “full backing” to the euro ... eats shoots 'n leaves |
Gold hovers below record high; SPDR holdings ... - China Business News By CBN Gold held steady below its record high on Thursday, supported by worries about the spreading euro zone debt crisis and slowing global growth, while holdings in the SPDR Gold Trust rose for a second consecutive session. FUNDAMENTALS ... Growth in much of the world's service sector was anaemic in July as firms around the world worried about the debt crisis in Europe and the U.S. as a well as slowing consumer demand, business surveys showed on Wednesday. ... China business news |
EUROPE NEEDS A BAZOOKA | PRAGMATIC CAPITALISM By Cullen Roche Europe must stop the contagion. Although not entirely analogous to the American credit crisis (which was really a household debt crisis), the Euro crisis is similar. And I think it's going to require an equally large bazooka. ... “Stopping Europe's current crisis requires fundamental overhaul of theeurozone's institutions. But the most important part of that overhaul is to ensure that the ECB takes on full responsibility as a lender of last resort in the government bond ... PRAGMATIC CAPITALISM |
Debt crisis: live | www.bullfax.com - Market News and Analysis By marketmaker The eurozone's new year heralds a debt crisis that has alarm bells ringing and markets tracking government plans to tame the growing shortfall.Officials have borrowed heavily to pull the 16-nation zone out of its first recession, ... Bullfax.com - Market News & Analysis |
EU Urges Bailout Changes as Stocks, Euro Tumble | LoanSafe.org By Alex Ferreras Welcome to America's #1 Home Mortgage Blog. Get the latest home loan news from the most trusted online mortgage community on the internet - LoanSafe.org ... European Commission President Jose Manuel Barroso admitted as much, urging eurozone leaders to make further changes to their bailout fund – including boosting its size – to ensure it can effectively stem the debt crisisthat has rocked the currency union for 21 months. Barroso's appeal and the ECB's apparent ... LoanSafe.org |
NewsDaily: Spain passes tough debt test, but at a cost By Nigel Davies NewsDaily: Your best source for breaking news ... Spanish yields have soared to their highest level since the inception of the euro as a still-deepening debt crisis threatened to swallow the larger economies of Italy and Spain. ... He also said that Chinese accounts had been buying debt issued by the euro zone's highly-indebted periphery in recent weeks. The bond sales were the first since Prime Minister Jose Luis Rodriguez Zapatero called early elections last week, ... NewsDaily: Top Headlines |
Bangkok Post : Debt crisis hits heart of eurozone, ECB extends ... The European Union said the debt crisis is now striking at the heart of the eurozone and ...Published: 5/08/2011 at 12:32 AM; Newspaper section: news. The logo of the European currencyEuro stands in front of the European Central Bank ... www.bangkokpost.com/.../debt-crisis-hits-heart-of-eurozone-e... |
Spain to offer bonds as ECB meets amid crisis | Reuters Europe stocks sink on global growth, euro zone fears. 4:47pm BST ... Inside the News: Italian debt worries dominate market focus ... hoping the ECB will signal a more aggressive approach to fighting the euro zone's debt crisis. ... uk.reuters.com/.../uk-eurozone-idUKTRE77129020110803 |
EUobserver / Barroso: EU moving too slow on debt crisis The trusted source of EU related news and information. ... Barroso: EU moving too slow on debt crisis. Barroso (r) is 'deeply concerned' while ... signal of the euro area's resolve to address the sovereign debt crisis," he added. ... Eurozone leaders at a summit in July agreed to change the terms of the currency ... euobserver.com/9/32680 |
EU President Warns Debt Crisis Is Spreading | Headlines | News ... ... Commission has warned that the eurozone debt crisis is spreading. ... He called for a re-assessment of all elements of the eurozone's current and future ... www.jackradio.com/.../eu-president-warns-debt-crisis-is-sprea... |
China voices confidence on euro zone debt as crisis ... - Yahoo! News Read 'China voices confidence on euro zone debt as crisis spreads' on Yahoo! News. BEIJING (Reuters) - China's foreign minister on Wednesday expressed ... news.yahoo.com/china-voices-confidence-euro-zone-debt-cris... |
Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 ... Eurozone debt crisis spreads to Italy and Spain - Newstalk 106-108 fm ... Google News Business (Today) - ReutersEURO GOVT-Bunds rally on worries crisis will ... thunderfeeds.com/.../eurozone-debt-crisis-spreads-to-italy-and... |
CNC World - Eurozone debt crisis The European Union says that investors now doubt whether the euro zone can overcome its debt crisis. Italian Prime Minister Silvio Berlusconi has called for ... www.cncworld.tv/news/v.../17104_Eurozone_debt_crisis.shtm... |
US debt, euro zone crisis hit European shares | Latest News Update Fears of contagion in the euro zone debt crisis also hit share prices. Banks were the worst performers, with the STOXX Europe 600 Banks index down 2.2 ... latestnews.gsmrise.com/.../us-debt-euro-zone-crisis-hit-europea... |