 Bloomberg It held 690 million euros in government bonds of Italy, Greece, Spain, Ireland and Portugal at the end of June, according to its first-half report. “Policymakers were slow to take actions on loweringGreece's debt burden,” Moerland said, “The financial ... See all stories on this topic » | ||
| European Endgame Huffington Post Today we can add that if the governments of Italy, Spain, Portugal, Greece and Ireland owe your banks one trillion dollars, we're all dead. And that might be where the Euro-zone is headed. Instead of fixing the financial crisis, the EU postponed it ... See all stories on this topic » | ||
| France to raise taxes in deficit battle Washington Post Emergency programs put together for Greece, Ireland and Portugal – and potentially needed to help Spain and Italy – hinge on the region's stronger economies and their ability to borrow money at the lowest possible rates. ... See all stories on this topic » | ||
| Italian Notes Drop Before 10.5 Billion Euros of Auctions; Greek Bonds Fall Bloomberg Spain's 10-year yields were two basis points higher at 5.01 percent. The ECB has bought government bonds in each of the past three weeks in a bid to stave off contagion from Greece,Ireland and Portugal and bring 10-year yields from Spain and Italy ... See all stories on this topic » | ||
| A Bailout Like No Other New York Times Indeed, it now appears much more likely that Lehman Brothers will confirm a Chapter 11 plan before the European Union will work out its similar issues regarding Greece, Portugal, Ireland, Italy andSpain. The latest problem comes from Finland's ... See all stories on this topic » | ||
| Malta a leader in EU high-tech employment Malta Independent Online High-tech manufacturing shares ranged from 0.3% in Turkey and Cyprus, 0.4% in Greece, 0.5% inSpain to 3% in Ireland, 2.8% in Switzerland and 2.5% in Hungary. The disparities in terms of the proportion of high-tech KIS in total employment were as well ... See all stories on this topic » | ||
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| International Forecaster August 2011 (#7) - Gold, Silver, Economy + More Gold Seek In addition to the sovereign problems European banks are exposed for $700 billion in just the debt ofGreece, Ireland and Portugal. If Spain, Italy and Belgium are included the exposure grows to $2.8 trillion and that is just the bank exposure. ... See all stories on this topic » | ||
| epay Announces Partnership with Zynga to Distribute Zynga Game Cards Across Europe MarketWatch (press release) epay is making Zynga Game Cards available in the following 18 countries across Europe: The UK, France, Spain, Germany, Luxembourg, Belgium, Portugal, Italy, Austria, Switzerland, Sweden, Norway, Denmark, Greece, Poland, Hungary, Czech Republic and ... See all stories on this topic » | ||
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| Citigroup Safer Investment Than BofA: Schorr Bloomberg While some investors think that Citigroup is more exposed to troubled European countries such asGreece, Ireland, Italy, Portugal and Spain, the firm's exposure is “roughly” in line or below Bank of America's, according to the note. See all stories on this topic » | ||
| WPP 2011 Interim Results MarketWatch (press release) First, there have always been fears of Euro contagion, which have oscillated quite violently and are now firmly focussed beyond Ireland, Portugal, Spain and Greece, on Italy and even to France. Second, there have always been concerns about the failure ... See all stories on this topic » | ||
| The Role Of Fear Seeking Alpha ... but together they owe a bit less than Greece does ($500 billion), and their chances of default are substantially less: Greece CDS today are trading at 2300, while Portugal and Ireland CDS are 1060 and 866, respectively. Italy and Spain CDS are ... See all stories on this topic » | ||
| Bank of China Profit Rises 28% Wall Street Journal ... indebted Portugal, Ireland, Italy and Spain was 1.136 billion yuan at the end of June, a decrease of 1.03 billion yuan from the end of 2010, and the related impairment allowance was 26 million yuan. It said it didn't hold any debt issued by Greece. ... See all stories on this topic » | ||
| Bahrain plans to change visa requirements gulfnews.com ... Belgium, Brunei, Canada, China, Denmark, Finland, France, Germany, Greece, Hong Kong SAR, Iceland, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Malaysia, Monaco, Netherlands, New Zealand, Norway, Portugal, Russia, San Marino, Singapore, Spain, ... See all stories on this topic » | ||
| Apple wins ban on Samsung Galaxy smartphones PC Advisor The injunction doesn't take effect in Austria, Belgium, Czech Republic, Estonia, Greece, Iceland,Italy, Latvia, Lithuania, Portugal, Romania, Slovenia, Slovakia, or Spain as Apple didn't complete local patent registration in these countries. ... See all stories on this topic » | ||
| The Daily Docket: Cerberus Is Still Interested In Innkeepers Wall Street Journal (blog) DealBook's Stephen Lubben says it's more likely that Lehman Brothers will confirm a Chapter 11 plan before the European Union will work out its similar issues regarding Greece, Portugal, Ireland,Italy and Spain. See all stories on this topic » | ||
| TravelMole Guest Comment: The future is not so bright TravelMole In addition, the Eurozone crisis which started with Greece and spread to other small, periphery economies, with Ireland and Portugal also receiving bailouts, is now spreading to Italy and Spainwhich will impact the performance of European airlines and ... See all stories on this topic » | ||
| Time to think about cutting education budgets again Examiner.com As the stock markets around the globe prepare for the next financial disaster, the soverign debt crisis in Greece, Ireland, Spain, Portugal, France, Italy and the UK seems to be reaching a breaking point that will drive the markets even further down ... See all stories on this topic » | ||
| Letter: Keynesian model is wreaking havoc Prescott Daily Courier It is not difficult to see where such economic theory has taken Europe, namely, the failure of such countries as Greece, Portugal and Ireland with Italy and Spain likely to follow in their footsteps. And all of Europe is now standing at a very ... See all stories on this topic » | ||
| Seeing the glass half full Financial Post Janis expects it will be easier to quantify the losses at banks, as well as any restructuring or hiccups on PIIGS (Portugal, Italy, Ireland, Greece and Spain) bonds. As a result, he thinks the market will keep these difficulties centralized in Europe, ... See all stories on this topic » | ||
| Not much to lampoon about European vacation Daily American Online Here's the clincher: Spain's unemployment rate has hit 21.3 percent and they are listed among Europe's “PIGS” (Portugal, Ireland, Italy, Greece and Spain). That is, Spain is one of the economically unsound EU countries. How can that be possible? ... See all stories on this topic » | ||
| September Clouds Threatening the Market - Storm Watch for Financials Seeking Alpha But today, it had seemed until recently that it has been a European centered problem with many institutions across the region heavily exposed to the at risk sovereign debt of struggling nations likeGreece, Ireland, Portugal, Italy and Spain. ... See all stories on this topic » | ||
| European and US equities boosted by strong US durable goods TradingFloor.com (blog) Yet pressures remain in the PIIGS (Portugal, Ireland, Italy, Greece, Spain) bond markets leading the European Central Bank to intervene again this morning. Traded volumes remain relatively low and it is interesting to note that yesterday's volumes in ... See all stories on this topic » | ||
| Macroeconomic indicators - Euro area external trade gave surplus in June Steel Prices China The United Kingdom (EUR 46.7 billion deficit) registered the largest deficit, followed by France (EUR 38.5 billion deficit), Italy (EUR 20.3 billion deficit), Spain (EUR 20.1 billion deficit), Greece (EUR 8.2 billion deficit) and Portugal (EUR 7.6 ... See all stories on this topic » | ||
| German investor confidence sags in August BusinessWeek Greece, Ireland and Portugal have needed international bailouts and there are fears Italy andSpain may have trouble paying their debts as well. The slump in German growth in the second quarter came as a surprise after strong second quarter results for ... See all stories on this topic » | ||
| Cleary Gottlieb Steen & Hamilton LLP | The Public Competition Enforcement ... Linex Legal (press release) (registration) 246 Manas Kumar Chaudhuri Chapter 21 Ireland................................................................................. 257 Pat O'Brien and Fiona McKeever Chapter 22 Italy . ... See all stories on this topic » |
| Gold Crashing on Risk Appetite, Rumors @ Forex Factory By Yohay The gold held by Spain, Italy, Greece, Portugal and Ireland is far from covering their debt, but is yet another tool for balancing the finances. The sharp moves in gold prices are also related to the relatively low volume that is normal for August, although this is definitely not a normal August. For more on gold, silver, oil and other commodities, see the website Trading NRG. ...http://www.forexfactory.com/news.php?do=news&id=311155#post4898 591 ... Forex Factory |
| Germany May Want PIIGS Gold as Security for 'Bailouts' … by Mark O ... By Mark OByrne This is why senior German government officials are calling for the gold reserves of European countries such as Greece, Portugal, Spain, Italy and Ireland to be used as collateral for future loans. Importantly, gold is a store of value unlike other assets, and unlike fiat currencies such as the US dollar, pound and the euro. For the latest news and commentary on financial markets and gold please follow us on Twitter. SILVER Silver is trading at $41.89/oz, €29.02/oz and ... 24hGold.com RSS Feed - 24hGold... |
| tiredoldsteelworker: Portugal, Ireland, Italy, Greece, Spain ... tiredoldsteelworker: Portugal, Ireland, Italy, Greece, Spain. PIIGS. Enough said about socialized... www.huffingtonpost.com/.../health-insurance-benefits-ending... |
