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Thursday, November 22, 2012

Dangerous Euro Zone-IMF Split Persists over Greek Debt

Dangerous Euro Zone-IMF Split Persists over Greek Debt
Spiegel Online
Euro-zone finance ministers meeting in Brussels this week have been unable to reach an agreement with the International Monetary Fund on how to ensure that Greece'sdebt load comes down to manageable levels. Germany and other European ... In contrast ...

Spiegel Online

Deutsche Bank expects euro zone to remain intact
Fears of a so-called peripheral euro zone state such as Greece leaving the currency union have haunted both markets and politicians as the region's debt crisis has unfolded. "Fundamentally, we believe the euro zone will remain intact," Mr ... He also ...

Premarket: Stocks steady as euro-zone fears percolate
Globe and Mail
Amid the latest efforts to pull the region out of its debt crisis, the euro is weaker against the U.S. dollar, but is well off its lows for the day, trading down 0.1 per cent at about $1.2803. Asian markets gained latitude overnight, even though the ...

Globe and Mail

Euro zone, IMF fail to strike Greek debt deal
After nearly 12 hours of talks through the night during which myriad options were discussed, euro zone finance ministers, the International Monetary Fund and the European Central Bank failed to reach a consensus, without which emergency aid cannot be ...

Debt crisis sends euro zone back into recession - Financial Mirror
World equity markets fell for a seventh day on Thursday, hit by evidence that Europe's debt crisishas stalled economic growth and by persistent concern over the ...

Euro zone aims at 120 pct/GDP Greek debt in 2020, ponders buyback
BRUSSELS Nov 20 (Reuters) - Euro zone finance ministers are aiming to bring Greek debt down to 120 percent of GDP in 2020, rowing back from an idea last week to shift the deadline to 2022, and discussing details of measures that would help achieve that ...

Euro zone meeting to focus on Greek crisis
Most Greeks want their country to stay in the euro zone but disapprove of the coalition government's handling of the debt crisis, a poll showed today. The survey, the first conducted by GPO pollsters since a June 17 election, comes ahead of a meeting ...

METALS-Copper slips as euro zone growth concerns resurface
... Thomas LONDON, Nov 20 (Reuters) - Copper dipped on Tuesday on worries over demand prospects after a downgrade of France's credit rating reminded investors of the festering euro zone debt crisis and overshadowed optimism that euro zone ministers ...

Global shares falter, oil slips on Gaza cease-fire
The Gaza conflict had supported crude oil prices over the past week and added to worries in the equity market about the U.S. "fiscal cliff" and the festering euro zone debt crisis. "Yesterday's big rally was all about fears of a wider conflict stemming ...

European shares retreat on euro zone worries
Buenos Aires Herald
European shares fell and the euro dipped today after France lost its top-notch credit rating from Moody's, reminding investors of the risks from the euro zone debt crisis. The FTSEurofirst 300 index of top European shares fell 0.2 percent to 1,089.50 ...

Poland drafting timetable for joining euro - president
Reuters UK
The comments by Komorowski were the strongest indication yet that policymakers in Poland, eastern Europe's biggest economy, were seriously considering a swift entry to the euro even though the euro zone is in the grip of a debt crisis. "(Poland) is ...

EURO GOVT-French yields edge up after downgrade
Although French bond yields have been reasonably steady and are at historically low levels, helped by safe-haven flows spurred by the euro zone debt crisis, the cost of insuring against a default reflects growing investor caution. Five-year credit ...

Euro Crisis - Google News

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