Banking union within the eurozone will not necessarily mean a fundamental change in Britain's relationship with the EU, David Cameron said today.
Euro zone banking union no big change for UK -PM
LONDON, July 3 (Reuters) - Greater banking integration inthe euro zone would not necessarily be a fundamental change forBritain as long there are proper safeguards in place, BritishPrime Minister David.
Eurozone disquiet at 'great British sideshow'
With every eruption of political bluster and intrigue in Westminster over a European Union referendum, so the sense of unease and irritation seems to grow among Britain's European partners. One eurozone diplomat dubbed it “the great British sideshow”
UK could stem EU migration if crisis worsens
LONDON (Reuters) - Britain could restrict the immigration of Greeks and other citizens of euro zonecountries affected by Europe's sovereign debt crisis in the event of extraordinary stresses and strains,
New ECB settlement platform gets euro zone critical mass
FRANKFURT (Reuters) - The euro zone moved closer to a cheaper, one-stop shop settlement of stock and bond trades when enough key players signed up to a new single platform being built by the European Central.
David Cameron urges 'tactical patience' over eurozone integration
David Cameron urges patience over eurozone economies' plans for closer financial union, instead of rushing to a referendum on the issue.
UK may target eurozone migrants: PM
The Press Association
David Cameron said he is ready to crack down on immigration from struggling countries like Greece if the eurozone goes into meltdown. The Prime Minister insisted contingency plans are in place and he would do "whatever it takes" to protect the UK.
Euro-Zone Producer Price Inflation Slows
Wall Street Journal
Euro-zone producer price inflation slowed to its weakest rate in more than two years in May, pointing to a slowdown in consumer prices that would give the European Central Bank more room to cut its key interest rate.
Wall Street Journal
Euro Crisis: 366 Days Later
That's right; it was just one year and one day ago that the market surged on signs of "progress" to resolve the crisis in the Eurozone. This just goes to show how little progress has been made while the market yanks investors from one headline to the next.
UK could curb migration if euro crisis worsens -PM
LONDON, July 3 (Reuters) - Britain could restrictimmigration of Greeks and other migrants from euro zonecountries affected by Europe's sovereign debt crisis in theevent of extraordinary stresses and.
Euro zone factory prices slip, fuel ECB rate cut calls
BRUSSELS (Reuters) - Euro zone factory prices fell more than expected in May as the cost of energy dropped sharply, reinforcing the case for an ECB interest rate cut as early as this week to aid the region's.
Irish PM: Euro-Zone Bank Debt Deal Won't Lessen Austerity For Now
Wall Street Journal
DUBLIN--Irish Prime Minister Enda Kenny Tuesday told lawmakers it will take time for last week'seuro-zone agreement on banking debt to lessen the austerity facing Ireland under its bailout program. Euro-zone leaders agreed at a summit last week to ...
David Cameron: I'm not afraid to veto future EU integration to protect single ...
But Mr Cameron insisted that changes within the Eurozone group would not necessarily affect the UK. He went on: "If the 17 countries of the eurozone bring about a banking union for themselves - which I frankly think they need to do in a single currency ...
Political Tensions Surface Over Euro Crisis
New York Times
The president of the European Commission sharply criticized Britain for blaming its economic problems on the euro zone, and warned against efforts to divide European nations.
Cameron vows to bar Greek migrants
Britain would be prepared to close its borders to immigrants from Greece if that country was ejected from the eurozone, David Cameron has said. The prime minister revealed that the government was “prepared to do what it takes” to prevent a large.
Eurozone crisis: Troika returning to Greece
A delegation of officials from the EC, ECB and IMF visit Athens to assess Greece's progress in implementing its latest €130bn bailout programme.
Slovakia: no more patience for European bailouts
BERLIN — Slovakia's prime minister said Tuesday that people in his country have run out of patience with European rescue measures and more aid can only be offered if troubled eurozone nations get their finances in order. It is "very difficult" to ...
TEXT-Fitch: euro zone crisis pushes corp bond market past loans
July 3 - European corporates tapped more bonds than loans in the first sixmonths of the year - the first time securities market issuance outpaced the loanmarket. Fitch Ratings expects this trend to continue.In.
Record unemployment in euro zone
World Socialist Web Site
The record unemployment in the euro zone is the result of the austerity measures imposed by the European Union, particularly in southern Europe.
Cameron grilled by MPs on eurozone crisis: Politics live blog
The Guardian (blog)
Join Andrew Sparrow for rolling coverage of all today's political developments as they happen, including David Cameron's evidence to the liaison committee.
Euro Crisis Fuels Debate on British EU Referendum
With the euro zone apparently heading toward greater integration, many British are alarmed at the prospect of becoming marginalized within the bloc. Euroskeptics see the chance of forcing a referendum on the UK's EU membership and are putting pressure ...
Eurozone jobless rate at record high in May
May's rate was the highest since the euro was launched in 1999 and adds further urgency to theeurozone countries' plan to create economic growth and cut excessive government debt. In total, 17.6 million people were out of work in the eurozone in May, ...
UK's borders 'will be closed' to refugees from Greece and other failing ...
David Cameron has been told that he can make use of extraordinary legal powers to close the doors to European migrants who immigration officers cannot usually prevent coming to Britain.
Eurozone joblessness up
Winnipeg Free Press
LONDON -- Unemployment in the 17-country euro currency bloc hit another record in May as the contine... - Business - Winnipeg Free Press.
Winnipeg Free Press
Euro Crisis Lifts CME Forex Volume, Signals Further Growth
NASDAQ News: Euro Crisis Lifts CME Forex Volume, Signals Further Growth.
Germany 'pivotal' to rebalancing eurozone
Higher wages and prices in Germany should help struggling eurozone countries become more competitive, the International Monetary Fund said, an acknowledgment of the country's “pivotal role” in rebalancing the regional and global economy. Germany.
Euro zone banking union no big change for UK - PM
LONDON (Reuters) - Greater banking integration in the euro zone would not necessarily be a fundamental change for Britain as long there are proper safeguards in place, British Prime Minister David Cameron.
SPECIAL REPORT - Euro zone crisis forces 'dismal science' to get real
LONDON (Reuters) - As economics teachers struggle to make sense of a post-crisis world, they may have an unlikely army of helpers: ants.In September 2008, the same month that Lehman Brothers collapsed,
Britain and Its Place Within the Eurozone
Huffington Post UK (blog)
It will only be once the eurozone is stabilised and working reasonably effectively, that it will it be possible for people to give time to working out the shape of a new European Union.
As eurozone crisis bites, jobless rate hits 11.1%
The Korea Herald
“With the eurozone likely having suffered appreciable GDP contraction in the second quarter and in grave danger of contracting again in the third. And with eurozone business confidence generally low and fragile, the likelihood is that the eurozone ...
BBC: A popular solution to the financial crisis has been to print more ...
BBC: A popular solution to the financial crisis has been to print more money, but is there another way of fixing our economy? Would the financial system be more stable if each pound, dollar or euro in our pocket was once again backed by gold ...
Banks Are Now in Control of Eurozone | Greg Hunter's USAWatchdog
Anselm Rothschild famously said, Give me the power to issue a nation's money; then I do not care who makes the law. It looks like the bankers are taking.
Greg Hunter's USAWatchdog
Euro Crisis Lifts CME Forex Volume, Signals Further Growth ...
Euro Crisis Lifts CME Forex Volume, Signals Further GrowthNASDAQNASDAQ News: Euro CrisisLifts CME Forex Volume, Signals Further Growth.and more »...
The Wall Street Examiner
The fault lines beneath the euro crisis | Green Left Weekly
And yet, despite the rising panic, the June 22 Rome meeting of the leaders of the eurozone's four largest economies (Germany, France, Italy and Spain) could only agree on one proposal to put to the critical June 29-30 European Summit.
Green Left Weekly
UPDATE 1-Euro zone factory prices slip, fuel ECB rate cut calls - XE
Euro zone factory prices fell more than expected in May as the cost of energy dropped sharply, reinforcing the case for an ECB interest rate cut as early as this week to aid the region's stagnant economy.
XE Forex News
Brussels meeting on euro crisis: losers and winners : Voice of Russia
By Crystal Park
It was a long two days in Brussels as EU leaders spent long hours trying to figure out an acceptable solution to dig itself out of the Eurozone mess. Almost all countries seem to be pleased with the meeting's results with emerged clear winners ...
Voice of Russia, News
Euro zone May producer prices -0.5% m/m, +2.3% y/y - ForexLive
By Gerry Davies
Weaker than Reuter's median forecasts of -0.3%, +2.5% respectively. Just another reason the ECB can slash interest rates later this week ;) I knew it was.
Euro zone PPI declines 0.5% in May By Forexpros
Euro zone PPI declines 0.5% in May. ... Forexpros - Producer price inflation in the euro zonedeclined more-than-expected in May, official data showed on Tuesday. In a report, Eurostat said that its producer price index fell by a seasonally ...
Forex Pros RSS News Feed | Forex News
Video: The Euro Crisis and its Implications for European Institutions ...
The euro crisis has led not only to new EU treaties, but also to profound power shifts among various member-states and the EU institutions. The European Commission has never been so weak, while Germany has never been so strong.
Germany leader opposes full debt sharing in Eurozone crisis ...
On the eve of a European summit, German Chancellor Angela Merkel touts tighter budgetary controls and says debt sharing will not occur 'as long as I live.'