Greetfeld Predicts Stocks Rally After Calling 2011 Slump
Bloomberg
While at the end of 2010 counterparts from Goldman Sachs Group Inc. (GS) to JPMorgan Chase & Co. were calling for a mean 12 percent rally in stocks, the Euro Stoxx 50 ended the year 17 percent lower as the region's sovereign-debt crisis worsened, ...
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Spain Bond Yields Rise, Reviving Fears of a Renewed Euro Crisis
New York Times
PARIS — Spain's borrowing costs rose Tuesday to levels not seen since early January, raising concern that the financial crisis in Europe is heating up again after a lull. The latest market anxieties come on the heels of a Spanish bond auction on April ...
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EURO GOVT-Bund yields hit 6-mth lows; Spain, Italy pressured
Reuters
Safe-haven Bunds have been caught between the conflicting forces of theeuro zone debt crisis and signs of US economic recovery that weighed on Treasury markets. But after Friday's data there was little resistance to a sharp move higher.
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Spain becomes focus as euro debt fears return
Las Vegas Sun
AP Rising concerns over Spain's economy and its ability to handle its debtssent its cost of borrowing higher Thursday, sparking fears that Europe'sdebt crisis is flaring up again after a brief respite. Spain has become the focus of investors concerns ...
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Emerging market credit shrinks though pace slows-IIF
Reuters
The IIF also said it was "somewhat disappointed" by the 800 billion euro fund agreed by euro zone finance ministers to backstop countries facing sovereign debt problems. It would have preferred a larger fund along the lines of the 940 billion euro fund ...
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Euro zone perspective – nowhere near out of the woods
Reuters Blogs (blog)
Late last year, it was Italy that seemed to have the power to drag Spain into the debt crisis mire. Now, it's the other way round and after the ECB anaesthesia wears off, it's clear the euro zone patient is still sickly. The European Commission will ...
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Spain says banks may need more capital
Reuters
Spanish lenders were bruised by the 2008 property crash and have been under scrutiny since the euro zone debt crisis deepened last year. But a recent surge in loan defaults in other sectors has put them back under the spotlight again.
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Emerging-Market Lending Conditions Still Worsening Despite ECB Action-Bank Group
Wall Street Journal
WASHINGTON (Dow Jones)--The euro zone's debt crisis continues to squeeze lending conditions in emerging markets, despite recent efforts by the European Central Bank to avoid an international credit crunch, the Institute of International Finance warned ...
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European Stocks Slide
Wall Street Journal
The 17-nation euro zone is a collection of countries with vastly differenteconomic profiles. See how they stack up on the major measures. Hear six families—from Greece, Spain, France, Germany, Italy and the Netherlands—tell their stories.
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Spain heads towards financial crisis, possible rescue in 2013
The News International
MADRID: Spain, sucked back into the centre of the Eurozone debt crisis, is headed towards a financial crunch in 2013 that may force it to seek international help, analysts warn. Alarm has spread on the financial markets over Spain's rising public debt, ...
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Global growth worries hit European shares after data
Reuters
... April 10 (Reuters) - Shares in Europe's biggest companies fell on Tuesday, reacting to poor US jobs numbers released over the holiday weekend and resurgent concerns about the euro zone's debt crisis ahead of the US corporate earnings season.
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German exports rise for second month in a row
Reuters
Germany, which accounts for almost 40 percent of the euro zone's overall exports, recovered more quickly than others from the 2008/09 financial crisis and has stood strong throughout the two-year old debt crisis, in which others are hurt by government ...
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CANADA FX DEBT-C$ weakens on global growth fears
Reuters
* C$ at C$0.9992 vs US$, or $1.0008 * China import data weighs on commodities * US data hurts euro zone debt sales * Bond prices mostly higher By Jon Cook TORONTO, April 10 (Reuters) - The Canadian dollar edged down against its US counterpart on ...
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Household debt casts long economic shadow: IMF
CNBC.com
The findings suggest that economies of the United States, the UK and other European countries that saw consumer debt balloon along with house prices ahead of the onset of the financial crisis in 2007 may only just be starting to see the light at the ...
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Independent Voices: Alternative Press Coverage of the Euro Crisis
In These Times
Since the financial crisis of 2008, Europe's ongoing debt problems have remained in the international spotlight. The story told by most analysts—and adopted by the mainstream press—is that excessive social spending triggered the debt crisis.
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Exports falter on Euro debt crisis
Daily Star Online
Exports grew at a slow pace at 0.15 percent to $1.99 billion in March from a month ago for the ongoing debt crisis in the Eurozone. The country's export figure has been showing a slow growth over the last few months due to a drop in demand for the main ...
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European Investor Confidence Declined in April, Sentix Says
Bloomberg
European investor confidence dropped for the first time in four months in April as the debt crisis damped economic growth, the Sentix research institute said. An index measuring sentiment in the 17-nation euro area declined to minus 14.7 from minus 8.2 ...
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IIF Urges Bigger EU Firewall
NASDAQ
... largest private financial institutions, said Europe's efforts to boost its firewall last week was "disappointing," and leaders need to bulk up its debtdefenses to at least EUR940 billion as a "first step." "Euro-zone leaders missed an opportunity, ...
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Europe may be heading back into debt storm
The News International
The ECB injected roughly one trillion euros ($1.3 trillion) into Eurozonebanks at auctions in December and February, helping to ease concerns banks would face a funding crunch. Some of this cash ended up in the sovereign bond markets, helping reduce ...
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US Economic Worries Slam European Shares
Fox Business
Investor concerns about the global economic outlook, already tainted by theeuro zone debt crisis, took a knock from the US nonfarm payrolls report released on Friday when European markets were closed for the Easter break. The report showed payrolls ...
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Switzerland's line in the sand
Reuters
TIED TO EURO ZONE'S PARACHUTE The fundamental reason for franc strength, though, is really concern about the euro zone and a growing, but still minority, view that the measures taken near the turn of the year to bringdebt markets in line simply won't ...
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TREASURIES-Global growth worries keep yields near 4-week lows
Reuters
Adding to Friday's weak US employment report were growth concerns in theeuro zone, with Spain taking center stage in the region's debt crisis. As European markets reopened after the Easter break, German Bund yields hit their lowest level since ...
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China's bailout for Europe: Learning to hear no
EurActiv
Second, the agreement presented at Cannes provided no real answer as to how the immediate sovereign debt crisis would be resolved. Third, thecrisis had revealed fundamental problems in the eurozone which could not be solved simply by financial aid.
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Echoes of the crisis
Europolitics.info
Portuguese banks have not had access to the interbank market since theeurozone debt crisis, and have therefore become very dependent on ECB financing. On 4 April, the ECB maintained its key interest rate at 1% and turned down the idea of withdrawing ...
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IIF Bank Group Offers Debt Restructuring Guide
Wall Street Journal
"The experience with the protracted negotiations and the scope of the Greekdebt exchange have given rise to a number of issues that could usefully be discussed in the period ahead," the Institute of International Finance said in a policy letter ...
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