| EUROPE ECONOMY NEWS |
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| Tue 29 May 2012 |
Investors flee Spanish debt amid bank bailout fears
France24 | AFP - Spanish Prime Minister Mariano Rajoy has admitted the state is struggling to borrow, as its risk premi... |
Treasuries Hold Gain as Europe Crisis Drives Safety Bid
Bloomberg | Treasuries held gains from last week as Europe’s fiscal crisis threatened to break up the 17-nation curren... |
Greek leading banks recapitalized with 18 bln euros
Xinhua | ATHENS, May 28 (Xinhua) -- The four largest Greek banks' recapitalization with a total of 18 billion euros (... |
Euro wobbles near 2-year low after Spanish yields rise
Reuters | TOKYO (Reuters) - The euro wobbled near a two-year low against the dollar on Tuesday as concerns about the c... |
Four biggest banks in Greece given Euro18bn
Irish Times | LEFTERIS PAPADIMAS | GREECE HANDED Euro18 billion to its four biggest banks yesterday, allowing the stricken... |
Euro strengthens; European stocks erase gains
The Los Angeles Times | The euro strengthened Monday, rebounding from a four-day losing streak, as polls showed Greece's pro-bailout... |
Don't blame Greece, our economic woes self-inflicted: N Vaghul, Chairman, ICICI Bank
The Times Of India Tweet | CHENNAI: In the gloomy economic environs of a falling rupee, slowing economy and a general drift of th... |
European Union Poised to Release Report Cards on Member Budgets
The New York Times | BRUSSELS — As leaders in Germany and some other euro zone countries press for tighter coordination of ... |
NZ dollar holds above US76c on Greek hope
NZ Herald | The New Zealand dollar held above 76 US cents on prospects Greece will avoid a euro-exit after polls sho... |
NZ dollar holds above 76 US cts, Greek instability settles
Scoop Tuesday, 29 May 2012, 8:29 am | Article: BusinessDesk | NZ dollar holds above 76 US cents on prospects Greece ... |
Olive oil price slides as glut hits southern Europe
Gulf News | London: Spain, Italy and Greece, already fighting a financial and economic crisis, are now facing an oil cri... |
Spain's bond yields rise on bank recap plans
Canberra Times | European shares turned lower and the euro slipped back toward two-year lows on Monday as a plan by Spain to ... |
Agatha Paris hastens makeover with FSI stake
Gulf News | Dubai: There is never a dull moment in the Gulf's fashion and accessories space as global brands manoeuvre f... |
Spanish borrowing reaches danger point
Gulf News | Madrid: Spanish ten-year borrowing costs neared the 7 per cent danger level and Bankia shares hit record low... |
The Problem With Europe Is Not Just the Euro
The New York Times | LONDON — The opening last week of a €37 million stretch of highway to nowhere in northeastern Spa... |
Spanish Borrowing Costs Rise on Bank Troubles
The New York Times | MADRID — Spain’s borrowing costs neared record highs Monday as investors fretted over how the go... |
| Mon 28 May 2012 |
Australian Online Shopping Slows on Greece, IPad Lull
Bloomberg | Australia’s online spending is showing a “clear slowdown” as fears over the Greek economy and a lull b... |
Euro Poised for Monthly Decline Before Italy Auctions
Bloomberg | The euro was set for the biggest monthly decline in eight months before Italy sells bonds tomorrow and data ... |
Italy Business Confidence Falls to Lowest in Almost 3 Years
Bloomberg | Italian business confidence fell more than economists forecast, declining this month to the lowest level in ... |
SNB’s Jordan Gets Weber Support as Solid Hand for Franc
Bloomberg | When former Bundesbank President Axel Weber was asked whether he has confidence in Thomas Jordan’s currenc... |
Spain Delays and Prays That Zombies Repay Debt: Mortgages
Bloomberg | Spanish banks are masking their full exposure to soured property loans while they continue to prop up insolv... |
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