Euro Ministers Set to Back Greek Aid Payout, Debate Spain
San Francisco Chronicle
(Updates with Schaeuble comment in fourth paragraph, euro, stocks in fifth. For more on Europe's debt crisis, see EXT4.) March 12 (Bloomberg) -- Euro-area finance ministers seeking to step past the largest sovereign debtrestructuring in history will ...
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Euro zone ministers to sign off Greek cash, grill Spain
Chicago Tribune
Spain, the euro zone's fourth biggest economy, was quick to impose austerity measures to protect itself from the euro debt crisis. It planned to cut its budget shortfall to 6 percent of gross domestic product (GDP) in 2011, but reported an 8.5 percent ...
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Eurozone: Crisis dented investor appetite but now stars are 'aligned for high ...
Financial Times
By Robin Wigglesworth European corporate bond sales have revived again after the resurgent eurozone crisis dented investor appetite and caused even supposedly haven-status, high-grade company bonds to lose some of their lustre in late 2011.
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Forex Trading Volumes Hit by Euro Zone Crisis
Wall Street Journal
By MARTIN VAUGHAN And ENDA CURRAN Foreign-exchange trading volumes fell sharply toward the end of 2011 as the euro zone's sovereign-debt crisisflared up and European banks cut back lending world-wide, the Bank for International Settlements said in its ...
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Eurozone Finance Chiefs Set to Approve Greek Bailout
Voice of America
March 12, 2012 Eurozone Finance Chiefs Set to Approve Greek Bailout VOA News Finance ministers in the 17-nation euro currency bloc are set to approve Greece's new $172-billion bailout, even as they grapple with concerns about Spain missing its deficit ...
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Finance ministers to revive firewall debate
CNN
... Portugal and other vulnerable economies from crisis. (Financial Times) -- After helping to push through a Greek debt restructuring that is the largest in history, eurozone governments will revive a debate about boosting firewalls to shield Spain, ...
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EURO GOVT-Bunds rise as growth worries outweigh Greece relief
Reuters
... Italian debt markets * New Greek bond is highest-yielding in currency bloc By William James LONDON, March 12 (Reuters) - Safe-haven German Bund futures rose on Monday as concerns about growth and contagion risks linked to the euro zone debt crisis ...
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Bunds rise as growth worries outweigh Greece relief
Reuters
By William James | LONDON (Reuters) - Safe-haven German Bund futures rose on Monday as concerns about growth and contagion risks linked to theeuro zone debt crisis resurfaced after investor relief spurred by Greece'sdebt restructuring faded.
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Despite Greek Deal, Sovereign Debt Crisis Isn't Over
Minyanville.com
By John Mauldin Mar 12, 2012 8:40 am The focus of the crisis will now move on to peripheral European countries, where the economic arithmetic is not much better than that of Greece only a few years ago. Editor's Note: This article was originally ...
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Greece Poised for Bailout Approval
TIME
The debt-ridden country will also be hoping that its second international bailout will be finalized later when the finance ministers from the 17 eurozone nations meet in Brussels. (MORE: Is Germany's Euro Crisis Strategy Actually Working?) ...
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Greece, Spain in focus at EU talks | Bangkok Post: business
Bangkok Post
Crisis-hit Greece and Spain are in focus when eurozone finance ministers gather in Brussels on Monday hoping for progress on a firewall to protect fragile states from market pressure. Enough private investors have agreed to take huge losses on their ...
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Debate on transaction tax heats up in Europe
MarketWatch
The tax, supporters say, would bring more stability to markets and make thefinancial sector, widely blamed for causing the debt crisis in Europe, pay its fair share to help avert another crisis. But some EU member states, notably the UK and Sweden, ...
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Treasury took dim view of euro leadership
Sydney Morning Herald
THE Treasury was bracing for the break-up of the euro zone at the peak of the sovereign debt crisis and criticised Europe's leaders for being ''consistently behind the curve'' in their response, documents show. According to internal briefing papers, ...
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European stocks rise
iAfrica.com
European stock markets rose on Friday but the euro flagged after Greece clinced a debt swap that set the stage for a second bailout to avert a neweurozone crisis. Stocks were also boosted and the euro suffered from strong US job numbers that suggest a ...
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ECB just barely dips toe into bond markets
Reuters
It reactivated the program last August after a four-month break when Italy and Spain, two of the euro zone's biggest economies, began to get dragged into the eye of the debt crisis. Since then it has spent around 140 billion euros.
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Greece swaps bonds worth $232.5 billion
CBS News
(AP) ATHENS, Greece - The Greek Finance Ministry says it has lightened the country's crushing debt load by completing a swap of bonds worth 177.2 billioneuro ($232.5 billion). A ministry statement says Monday's exchange affects all Greek government ...
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Greek debt swap could be short-lived reprieve
Reuters
Last week's deal, under which private creditors agreed to lose most of their investments in Greek government bonds, should allow euro zone financeministers meeting on Monday to declare they will pay their part of a 130 billioneuros bailout, ...
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12/03/2012Greece, Spain in focus at eurozone talks
Expatica Spain
Crisis-hit Greece and Spain are in focus when eurozone finance ministers gather in Brussels on Monday hoping for progress on a firewall to protect fragile states from market pressure. The next step for indebted Greece will be the release by nations ...
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Mid-Day Report: Euro Steady ahead of EU Meeting, Greece Bailout Approval ...
Action Forex
Despite dipping initially as the week started, there was no follow through selling in Euro so far and the common currency settles in tight range as traders are awaiting EU finance minister's meeting. While the approval of Greece's second bailout of EUR ...
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